Globalization and the Economic Geography of the GGH Story Map

What Is?

What are the relevant indicators of economic change & development in the GGH?

• The GGH have 8% of core employment. During 2001 to 2011, there was a 27% increase in jobs added to that 8%.

• Downtown Toronto contributes 17.5% of core employment in the GGH.

• During 2001 to 2011, downtown Toronto Employment sector grew by 42 thousand core jobs.

• From 2006 to  2016, three out of five SKIDs

Where?

Where have changes in the patterns of economic development and urbanization occurred in the GGH?

The SKIDs is outside of Toronto’s suburbs (2 in Mississauga, 1 in Markham, 1 in Waterloo, 1 in Oakville).

Downtown Toronto: Financial District Headquarters

The three employment Megazones outside of Toronto.

How have globalization and associated economic forces affected the economic geography of the GGH?

• The competition between capitalist economies intensified which resulted in the Canadian economy going into a crisis.

• Transportation and communication technologies have a new way to select locational choices such as for firms and industries.

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Why There?

How have the changing patterns of urbanization in Toronto been influenced by changes in economic development in the GGH?

• The 2017 Growth Plan for the GGH will shape the land use while ensuring to meet the changing requirements of business, supporting the economic vitality and resilience of the GGH.

• A striking feature of the geography of economic restructuring is the decline of manufacturing across the region, especially in the older industrial areas, which reflects the loss of 200,000 manufacturing jobs since 2001.

Why Care?

How have economic development and globalization impacted on the GGH from a social, environmental, economic, and political perspective?

• The key drivers of growth and innovation in the contemporary economy are the creative manufacturing services such as technology, neo-artisanal,fashion oriented.

     Social: The competitive pressure that rises between globalization and economic development.