2024
Impact
Report
2024
Impact
Report
What We Do
INVEST
We attract new investment
and jobs into the city.
GROW
We foster scale-up activity and long-term growth of existing London businesses.
TALENT
We connect employers
to talent and develop a skilled workforce to meet future needs.
ENGAGE
We champion positive economic dialogue locally, nationally and internationally.
What We Do
INVEST
We attract new investment and jobs into the city
GROW
We foster scale-up activity and long-term growth of existing London businesses.
TALENT
We connect employers to talent and develop a skilled workforce to meet future needs.
ENGAGE
We champion positive economic dialogue locally, nationally and internationally.
Key Sectors
AGRI-FOOD
MANU
FACTURING
HEALTH
DIGITAL MEDIA AND TECH
7,000+ employed
90+ companies
34,300 employed
500+ companies
25,000+ employed
100+ companies.
16,100+ employed
400+ companies
Key Sectors
AGRI-FOOD
7,000+ employed
90+ companies
MANUFACTURING
34,300 employed
500+ companies
HEALTH
25,000+ employed
100+ companies.
DIGITAL MEDIA AND TECH
16,000+ employed
400+ companies
Annual
Metrics
EXPANSIONS & ATTRACTIONS
ANNUAL
20
24
$ 190 M
ANNUAL
20
23
$ 147 M
JOBS ADDED
ANNUAL
20
24
1,100
ANNUAL
20
23
2,500
SINCE INCEPTION
FACILITATED CREATION OF
NEW JOBS
28+ K
NEW INVESTMENT
$ 3.2 B+
ANNUAL PROPERTY TAX
$ 27 M+
ACCELERATE
RETENTION FILES
ANNUAL
20
24
5
ANNUAL
20
23
5
JOBS RETAINED
ANNUAL
20
24
233
ANNUAL
20
23
512
ACTIVE EXPANSION FILES
ANNUAL
20
24
15
ANNUAL
20
23
27
COMPANIES WORKED WITH
ANNUAL
20
24
530
ANNUAL
20
23
560
INVEST
INVEST MISSIONS
ANNUAL
20
24
17
ANNUAL
20
23
14
ATTRACTION FILES
ANNUAL
20
24
15
ANNUAL
20
23
38
FDI PROPOSALS
ANNUAL
20
24
93
ANNUAL
20
23
185
SITE SELECTION /
VIRTUAL TOURS
ANNUAL
20
24
144
ANNUAL
20
23
136
Recent
Investments
Innofoods
Innofoods, a healthy snack food manufacturer, has chosen London for its first expansion outside B.C., building a facility at Innovation Park that will initially create up to 90 jobs, with plans to double its workforce in the next phase
Volkswagen
Volkswagen Gigafactory in St. Thomas, Ontario is expected to employ up to 3,000 people and create thousands of spinoff jobs. Volkswagen is investing $7 billion to build the plant.
CARFAX
CARFAX Canada’s growth in London has been significant. What started as a small startup has evolved into a leader in the tech industry, employing over 500 people, also making it one of the largest tech employers in the region.
WSIB
LEDC supported the WSIB head office attraction to bring hundreds of well-paying technology, innovation and knowledge economy jobs to the London region.
A FEW OF THE COMPANIES
WE’VE WORKED WITH
Workforce
Development
EXTERNAL JOB FAIRS
ANNUAL
20
24
7
ANNUAL
20
23
9
WORKFORCE DEVELOPMENT
WORKFORCE PROJECTS
20
24
10
TALENT PRESENTATIONS
20
23
21
TALENT PRESENTATIONS
WORKFORCE PROJECTS
20
24
26
TALENT PRESENTATIONS
20
23
19
JOB PORTALS
USERS
50,650+
PAGE VIEWS
525,380+
AVG. # OF COMPANIES
93
AVG. # OF JOB TITLES
499
USERS
56,710+
PAGE VIEWS
549,010+
AVG. # OF COMPANIES
78
AVG. # OF JOB TITLES
642
USERS
23,360+
PAGE VIEWS
98,530+
AVG. # OF COMPANIES
27
AVG. # OF JOB TITLES
463
Marketing Campaigns
DON’T TELL
TORONTO
Campaign targeted in the GTA to attract experienced and skilled talent to help fill London’s growing industries of health, manufacturing & tech.
MAKE LONDON
YOUR CHOICE
Campaign targeted in the U.S.A to attract skilled talent in several key states.
FOREST CITY
LANDING PAD
Collaboration with Pillar Non Profit/Innovation Works to provide “soft landing” space to new companies and coworking spaces/hot desks to remote companies.
TRANSATLANTIC EV TRIANGLE
An initiative to link the electric mobility ecosystems of Canada, Germany, and Spain, to facilitate the exchange of supply-chain related talent, direct investment, and R&D capabilities.
LOVE LONDON CANADA
A gateway to discovering London’s key spaces and places – from healthcare to business resources, entertainment and jobs.
FAMILY PHYSICIAN RECRUITMENT SUPPORT
A gateway to discovering London’s key spaces and places – from healthcare to business resources, entertainment and jobs.
JOBS EXIT #186
Billboards along the 401 targeting commuters within the London / Toronto corridor.
FIND A CAREER IN LONDON
Campaign targeted at GTA TTC commuters to attract talent in health, manufacturing and tech.
In 2024, FL has attracted such high-profile projects as “Fubar” for Netflix starring Arnold Schwarzenegger and Carrie-Anne Moss, and “Motorheads” for Prime Studios starring Ryan Phillippe.
London has also hosted 3 feature film productions (so far) in 2024, one of which featured 80% local crew and talent.
We estimate that film productions in 2024 have accounted for over 1500 hotel room-nights.
Film London’s online database boasts 1800 users, 173 locations, 165 performers, 143 crew members, and 88 resources.
Created 217 jobs, including Fanshawe & UWO grads
Annual Metrics
ANNUAL
EXPANSIONS & ATTRACTIONS
JOBS ADDED
20
24
$ 190 M
1,100
20
23
$ 147 M
2,500
ANNUAL
SINCE INCEPTION
FACILITATED
CREATION OF NEW JOBS
NEW INVESTMENT
ANNUAL PROPERTY TAX
28 K+
$ 3.2 B+
$ 27 M+
ACCELERATE
ANNUAL
RETENTION
FILES
JOBS RETAINED
ACTIVE EXPANSION FILES
COMPANIES WORKED WITH
REFERRALS
MADE
20
24
5
233
15
530
1,875
20
23
5
512
27
560
5,880
ANNUAL
INVEST
ANNUAL
INVEST
MISSIONS
ATTRACTION
FILES
FDI PROPOSALS
SITE SELECTION VIRTUAL TOURS
20
24
17
15
93
144
20
23
14
38
185
136
ANNUAL
Recent Investments
Innofoods
Maple Armor, an international business producing fire alarm systems for both commercial and consumers is 14 acres in Innovation Park for the construction of a 150,000 square foot manufacturing facility.
Volkswagen
LEDC played a key role in attracting the PowerCo/VW Gigafactory in St. Thomas. This $7 billion investment will employ 3,000 people and create thousands of spinoff jobs in our region.
CARFAX
CARFAX Canada’s growth in London has been significant. What started as a small startup has evolved into a leader in the tech industry, employing over 500 people, also making it one of the largest tech employers in the region.
WSIB Ontario
LEDC supported the WSIB head office attraction to bring hundreds of well-paying technology, innovation and knowledge economy jobs to the London region.
A few of the companies we’ve worked with
Workforce Development
ANNUAL
EXTERNAL
JOB FAIRS
EMPLOYER & JOB SEEKERS CONSULTATION
WORKFORCE PROJECTS
TALENT PRESENTATIONS
20
24
7
3,720
10
26
20
23
9
3,860
21
19
ANNUAL
Job Portals
USERS
PAGE VIEWS
AVG. # OF COMPANIES
AVG. # OF JOB TITLES
50,650+
525,380+
93
499
56,710+
549,010+
78
642
23,360+
98,530+
27
463
Marketing Campaigns
Don’t Tell Toronto
Campaign targeted in the GTA to attract experienced and skilled talent to help fill London’s growing industries of health, manufacturing & tech.
Make London Your Choice
Campaign targeted in the U.S.A to attract skilled talent in several key states.
Forest City Landing Pad
Collaboration with Pillar Non Profit/Innovation Works to provide “soft landing” space to new companies and coworking spaces/hot desks to remote companies. 30+ companies have used the FC Landing Pad since July’23.
Transatlantic EV Triangle
An initiative to link the electric mobility ecosystems of Canada, Germany, and Spain, to facilitate the exchange of supply-chain related talent, direct investment, and R&D capabilities.
Events
MANUFACTURING
MATTERS
In partnership with London Region Manufacturing Council. A half day conference for manufacturers and service providers. Delegates discuss industry status and trends with peer-to-peer networking, workshops and talks from industry leaders.
MAKE LONDON
YOUR CHOICE
A conference that covers everything from food processing to finance, healthcare to manufacturing, virtually every industry relies on technological advancements to streamline processes, enhance productivity, and unlock opportunities.
LONDON AND
AREA WORKS
A community initiative to help employers highlight their open positions through a portal, weekly video series, and bi-annual job fairs.
FOUNDERS WTF* FORUM
Coming
LIFE SCIENCES
LONDON
London’s strengths in Life Sciences are based on a foundation of highly regarded Academic and Clinical Research at Western University’s Schulich School of Medicine and Dentistry, Robarts Research Institute, and Lawson Health Research Institutes in partnership with London’s teaching hospitals, St. Joseph’s Health Care and London Health Sciences Centre.
Don’t Tell Toronto
Campaign
Launched in February 2021, to attract experienced and skilled talent to help fill London’s growing industry of health and technology.
Received 4,193 direct inquiries between launch and
the end of 2023.
Just a few of the direct responses from our
Don’t Tell Toronto newsletter
Please include community resource centres in your newsletters.
Cannot wait to relocate to London.
Hi There
I am interested in job opportunities. I am looking for permanent full time employment (on site and or hybrid). Looking for a xxxx role ideally in xxx Technology. However, open to other industries as well. I am currently in Toronto by am eager to move if the right opportunity comes along.
Thank you so much for quickly reaching out after I put in the submission/request. Please let me know anything that becomes available within xxx or xxx sectors. If there is anyone that has connections to these sectors I would greatly appreciate if I could speak with them …
My spouse has the option of working out of xxxx in Toronto or London. Xxx has picked London as we don’t want to go the Toronto route. So now it’s about getting me set up so we can move down there. Thanks again and looking forward to hearing from you.
Don’t Tell Toronto – the numbers
IMPRESSIONS
DIRECT CONTACTS
VIDEO VIEWS
NEWSLETTER SUBSCRIBES
14,513,021
4,841
899,595
8,961
Don’t Tell Toronto – the numbers
IMPRESSIONS
14,513,021
NEWSLETTER SUBSCRIBES
8,961
VIDEO VIEWS
899,595
DIRECT CONTACTS
4,841
Make London, ON
your choice
US Campaign for London Economic Development to attract talent.
IMPRESSIONS 2024
NEWSLETTER SUBSCRIBERS
4,394,413
6,959
Make London, ON Your Choice
US Campaign for London Economic Development to attract talent.
IMPRESSIONS 2024
4,394,413
NEWSLETTER SUBSCRIBERS
6,959
FILM LONDON
WEBSITE
USERS
5,185
PAGE VIEWS
23,876
FILM PRODUCTION
$ 1 mil
WORKING WITH
Forest City Film Festival and
the Ontario Screen Creators Conference
- Hosted 12 film, television & commercial projects
- Created 217 jobs, including Fanshawe and UWO grads
- Supported production of 3 local feature films
- Est. $ 1 million in local revenue from film and TV production
- Created databases for talent/crew, locations & resources
Economic Indicators
Population as of
July 1, 2024
Population growth between July, 2023 and July, 2024
626,260
19,274
POPULATION GROWTH
3.1%
RATE
Source Statistics Canada.
Date modified 2025-01-16
| Source Statistics Canada Table 14-10-0384-01 Employment by industry. census metropolitan areas, annual, inactive (x 1,000)DOI: https://doi.org/10.25318/1410038401-eng | |||||
| North American Industry Classification System (NAICS) 5 | 2020 | 2021 | 2022 | 2023 | 2024 |
| PERSONS | |||||
| Total employed, all industries 6 | 257.9 | 281.8 | 295.4 | 306.8 | 311.8 |
| Goods-producing sector 7 | 58.2 | 58.1 | 62.4 | 68.2 | 69 |
| Agriculture 8 | 4.3 | 2.8 | 3 | 5 | 5.8 |
| Forestry, fishing, mining, quarrying, oil and gas 9 10 | x | x | x | x | x |
| Utilities | x | x | x | 1.7 | 2.1 |
| Construction | 21.4 | 19.9 | 23.2 | 22.5 | 21.4 |
| Manufacturing | 31.4 | 33.9 | 34.5 | 38.7 | 39.4 |
| Services-producing sector 11 | 199.7 | 223.7 | 233 | 238.6 | 242.8 |
| Wholesale and retail trade | 32.1 | 37.9 | 43.1 | 43.2 | 42.1 |
| Transportation and warehousing | 12.8 | 12.2 | 11.4 | 13.6 | 15.3 |
| Finance, insurance, real estate, rental and leasing | 19.9 | 21.1 | 21.9 | 23.7 | 22.9 |
| Professional, scientific and technical services | 20.6 | 19.8 | 23.1 | 23.6 | 25.3 |
| Business, building and other support services 12 | 9 | 12.5 | 12 | 12.7 | 10.5 |
| Educational services | 23.3 | 26.8 | 28.2 | 24.4 | 29 |
| Health care and social assistance | 39.5 | 45 | 45.6 | 49.1 | 48.3 |
| Information, culture and recreation | 9.7 | 9.4 | 9.8 | 11.3 | 11.6 |
| Accommodation and food services | 15.2 | 17.9 | 17.2 | 17.6 | 18.4 |
| Other services (except public administration) | 8 | 10 | 9.5 | 9 | 11 |
| Public administration | 9.6 | 10.9 | 11.2 | 10.5 | 8.4 |
Single Detached Family
Standard Condominiums
Aggregate
London
$703,100
POPULATION GROWTH
$394,800
RATE
$677,100
Royal LePage National House Price Composite in the Second Quarter of 2024
Non-Residential Permit Activity
