In year two (December 2019 to December 2020), two new Economic Development and Tourism brands and websites were launched to share information with the business community and promote the destination to help businesses grow in Vaughan. The business plan for Smart City is proceeding as anticipated with the support of the Smart Cities Taskforce. Additionally, the City has responded to the global COVID-19 pandemic with programming, education, and regulatory measures through the Vaughan Business Action Plan and the Vaughan Business Resilience Plan. Out of 13 key activities, two have been completed, six are in progress and five are currently being monitored.

Legend: green means Proceeding as Anticipated, yellow means Monitoring Progress, red means Under Review/Reassessment, grey means Not Yet Commenced/On Hold

​ Proceeding as Anticipated	​Smart City Task Force
​  Proceeding as Anticipated	​Economic Prosperity Task Force

  

​Complete	​Attract a post-secondary institution to Vaughan: Niagara University
​Complete	​Promote Vaughan’s city-building projects through Mayor and Members of Council attending the 2019 trade mission to Israel organized by the Vaughan Chamber of Commerce
Proceeding as Anticipated	Advance Smart City and technology led economic development opportunities
Proceeding as Anticipated	Engage the Vaughan business community and regional partners; strengthen networks and relationships and make business and labour connections to regional and international networks.
Proceeding as Anticipated	Contribute to the development of a complete community in the Vaughan Metropolitan Centre (VMC) by improving awareness of the VMC as a premier office and retail business location, activating public spaces through signature events, and setting the stage for a creative and cultural hub
Proceeding as Anticipated	Develop Vaughan as an entrepreneurial and small-business and innovation hub
Proceeding as Anticipated	Promote Vaughan's advantages, strategic projects, market opportunities and local businesses in targeted global centers (International Business Development)
Proceeding as Anticipated	Promote the development of Vaughan's industrial sectors and business parks
​ Monitoring Progress	​Build economic resiliency in Vaughan’s priority sectors through, project and policy development related to key sectors in a post-COVID-19 context
​ Monitoring Progress	​Secure Vaughan as the Region’s largest employment centre through programs that help business owners build resilience into their businesses and adapt to the new normal
​  Monitoring Progress	​Generate  alternative revenue sources through city-wide sponsorship, advertising and grants
​ Monitoring Progress	​Invest in the tourism and accommodation industry
​  Monitoring Progress	​Increase Vaughan’s brand recognition as the place to be (to Think, Start-up, Invest and Visit)