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What this report is about: Introduction This report is essentially an update to the 2012-2013 local labour market plan, “Toronto’s Opportunities and Priorities” (TOP) report. This year’s focus is on another four sectors, namely: Film production and Sound recording, Publishing, Real Estate, and Utilities. While these are not Toronto’s largest employment clusters, they are significant contributors to the city’s economy, as well as sectors that differentiate Toronto from other areas of the province. In particular, Toronto’s real estate sector is much reported on, both provincially and nationally. Housing prices, starts and resales are considered by industry analysts to be economic indicators. TWIG’s local labour market update, the TOP report, is used by employment/training providers, program planners, community organizations, universities, colleges and high schools, and all levels of government. Our audience expects a great deal from this report as a source of current, accurate labour market information specific to Toronto. Toronto Workforce Innovation Group is grateful to all those who contributed to this report, our constituents and community, who work constantly to make this city “world class”. The workforce development priorities or issues that dominated this year’s conversations and consultations are similar to those of the previous few years. Employers and sector organizations, employment agencies and economists agreed that diversity, technological change (specifically social media), economic transformation, and the importance of the green economy are still important themes in our labour market. Using social media in an employment context was a major theme of conversations about tech change. Budgeting and programming in an austerity context was another important topic. The themes will be expanded on later in the report. This report reflects the current workforce development trends, opportunities and issues in the City of Toronto. The information was gathered through numerous consultations, conversations, interviews, and surveys, and by mining relevant data. The report identifies the issues related to delivering employment/training services from the perspective of the service delivery agencies, the challenges faced by employers in various sectors, and the economic roadblocks that impede the growth of this large, complex, metropolitan area. Overview Toronto is Ontario’s, if not Canada’s, economic engine. The 2012 Toronto's Vital Signs® Report stated that Toronto is the 15th most liveable city in the world (according to the Mercer Quality of Living Survey) and the 12th in the world in competitiveness (according to The Economist magazine). Moody’s Investors Service gives Toronto an AA1 credit rating for the 10th year in a row. Toronto is ranked first on the Canadian Metropolitan Economic Activity Index for the 2nd year in a row. i Toronto’s population is now close to 2.7 million, making this the fifth most populous city in North America. The rate of population growth in the downtown core jumped from 4.6 per cent in 2006 to 16.2 per cent in 2011, greatly increasing the density of that area. This is new for Toronto, reversing the trend of the last few years of people leaving the downtown core. Local Labour Market Update 2013 • Toronto’s Opportunities and Priorities 4
The need for new homes has resulted in more interest in “green construction” and the number of buildings that meet LEED (Leading Environmental Efficiency Design) Gold Standard certification jumped from April 2011 to March 2012 by 88%. Toronto is Canada’s leading city in constructing LEED-certified buildings. The city has almost completely recovered from the global economic downturn of 2008–2009, and some sectors are now flourishing. Toronto’s film, television and commercial production sector is working close to its peak of 2001, contributing, with the digital media sector, more than $1.13 billion to Toronto’s economy. ii Toronto is the home of over 74,600 business establishments, 3,400 new business establishments in 2012. The Office sector continues to take precedence, with 40.6% of all new establishments, comprised primarily of law offices, parole/security services, and health service practitioners. The Service and Retail sectors were also well represented, comprising 26.7% and 18.6% of new establishments respectively. iii Toronto has 40% more knowledge workers than the rest of Ontario, leading to a rapid expansion of the knowledge-sector. iv This expansion, however, has not kept pace with the demand for these jobs. The growth of knowledge-based work has led to a decrease in middle jobs (those that typically do not require a post-secondary degree but do require some skill), causing a polarization of the workforce. v While some parts of the city flourish, others continue to experience hardship. According to 2012 Toronto’s Vital Signs® Report, Toronto is the least equitable urban centre in Canada, the only metropolitan area to receive a “C” grade on income distribution from the Board of Trade’s Scorecard on Prosperity. Our ranking among 24 global centres has slipped to 16th place, reflecting growing income inequality, increasing precarity 1 and rising numbers of the “working poor”. FORMS OF EMPLOYMENT IN THE GTA-HAMILTON LABOUR MARKET 2011: AGES 25-65 % working in: GTA City of Hamilton Halton Peel York Hamilton Toronto Region Standard 50.3 49.4 47.1 57.5 52.8 48.0 employment relationship Permanent 8.8 9.0 12.3 8.0 8.0 7.1 part-time Precarious 18.4 19.4 15.2 18.0 17.0 21.0 employment Other employment 22.5 22.2 25.4 16.5 22.2 23.9 forms Local Labour Market Update 2013 • Toronto’s Opportunities and Priorities 5
Page 1 and 2: TOP REPORT LOCAL LABOUR MARKET UPDA
Page 3: “We envision a Toronto with good,
Page 7 and 8: Labour Force Characteristics 1. Cit
Page 9 and 10: 3. Number of Establishments In comp
Page 11 and 12: Sectoral Weaknesses and Strengths T
Page 13 and 14: PRODUCTION SPENDING IN TORONTO 2011
Page 15 and 16: Occupations and Trends • Technolo
Page 17 and 18: Size of Businesses According to Can
Page 19 and 20: Occupations and Trends in Publishin
Page 21 and 22: Size of Businesses The Real Estate
Page 23 and 24: Occupations and Trends The majority
Page 25 and 26: Size of Businesses The Utilities se
Page 27 and 28: Priorities and Trends • In the Gr
Page 29 and 30: 3. Shifting Economic Terrain A new
Page 31 and 32: Proposed Action (2) Lead Confirmed
Page 33 and 34: Outcome Output Service providers in
Page 35 and 36: Appendix A - References Film Produc
Page 37 and 38: Appendix B — Consultations/Events
Page 39 and 40: Qaiser Khan, YWCA JUMP Program Elan
Page 41 and 42: xv Hardy, David. “WorkInCulture I
Page 43: 215 Spadina Avenue, Suite 350, Toro

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