RVH | TEAM Paliwal

THE CITY OF PICKERING

Thinking of buying a home in Brampton, Mississauga, Milton, Oakville & Vaughan? Or Curious to know What kind of a house can I afford, buy/get in these cities in the price range of $850,000, $900,000, under a Million or up to 1.5 Million?

Pickering is a city located in Southern Ontario, Canada, immediately east of Toronto in Durham Region. For centuries, it fell under the stewardship of the Iroquoian-speaking Wyandotte.

Beginning in the 1770s, the area was settled by primarily ethnic British colonists. An increase in population occurred after the American Revolutionary War, when the Crown resettled Loyalists and encouraged new immigration. Many of the smaller rural communities have been preserved and function as provincially significant historic sites and museums. The city also includes the development of Durham Live, a multi-billion-dollar casino complex.

DEMOGRAPHICS

In the 2021 Census of Population conducted by Statistics Canada, Pickering had a population of 99,186 living in 33,425 of its 34,327 total private dwellings, a change of 8.1% from its 2016 population of 91,771.

The lower population growth in the early 21st century is the result of the city’s development restrictions on land in the northern portion of its area, in an effort to contain sprawl. Negotiations are ongoing to permit development in this area. The city has estimated that by 2031, Pickering will be home to 190,000 residents. The province of Ontario has designated Pickering as one of two municipalities in Durham Region that are urban growth centres, planned to receive more development and population.

ECONOMY

Pickering is home to the Pickering Nuclear Generating Station, an eight-reactor facility with a capacity of 4,120 megawatts. The first station, Pickering A, opened with four reactors in 1971. Ontario Power Generation, the plants’ operator, is the largest single employer in the city. In 2001, the wind-powered OPG 7 Commemorative Turbine was opened on the generating station site. The nuclear power plant is expected to start decommissioning in 2024.

A number of manufacturers are also located in the city. Major employers include Yorkville Sound (audio equipment), the Canadian headquarters of Purdue Pharma (pharmaceuticals and health & beauty products), Hubbell Canada (electrical equipment), PSB Speakers – Lenbrook (stereo equipment) and Eco-Tec Inc. (industrial water purification and chemical recovery systems).

Pickering is a founding member of the Durham Strategic Energy Alliance or DSEA. The nucleus of the DSEA is primarily Pickering businesses, such as Ontario Power Generation, Veridian, Siemens/Trench, Tetra Tech WEI, AECL, Intellimeter, Areva and Eco-Tec Inc.

The city is the location of the head office of the Municipal Property Assessment Corporation. MPAC performs value assessment for property tax purposes for all municipalities in Ontario. In 2012 Search Engine People, Canada’s largest Internet-marketing company, moved to Pickering’s downtown.

In 2006, Profit magazine recognized Pickering as one of the top 10 cities in Canada for growing a business.

In 2013, the Region of Durham released its Business Count (Employment Survey), which indicated that Pickering has the most jobs amongst Durham Region municipalities, with 29,000+ positions. This figure represents a near 1/3 ratio of jobs to residents.

With the implementation of Seaton and downtown intensification, the Province of Ontario’s planning anticipates the creation of 40,000 new jobs for Pickering over the next two decades.

Free hold town home semi detached house for sale in Pickering under $999,999

Free hold town home semi detached house SOLD in Pickering under $999,999

PROJECTS IN THE CITY

Scroll to top