Economic Bulletin - 2024 Year in Review

Greater Sudbury had a transformative year in 2024, marked by significant advancements in population growth, housing development, healthcare and economic development. These accomplishments continue to emphasize Greater Sudbury’s position as a thriving and vibrant hub in Northern Ontario.

The latest Statistics Canada estimate placed Greater Sudbury’s population at 179,965—a significant increase from the 2022 figure of 175,307.

Housing development remains a key pillar of Greater Sudbury’s growth strategy. Throughout 2024, there were 148 new residential permits and 1,122 permits for alterations or renovations issued, with a total construction value of over $282 million. In the Industrial, Commercial, and Institutional (ICI) sectors, the City of Greater Sudbury issued 302 permits, creating a total construction value of over $277 million.

The healthcare sector in Greater Sudbury saw significant growth in 2024, welcoming 12 new family physicians and 22 specialists serving critical fields such as cardiology, oncology and emergency medicine.

Film production flourished with 30 projects filming across 397 days, contributing $15.8 million in local direct spending. The city also hosted several major conferences and events, including the OECD Conference of Mining Regions and Cities and the Federation of Northern Ontario Municipalities (FONOM) Conference, which attracted national and international delegations, and highlighted Greater Sudbury’s leadership in mining, sustainability and innovation.

To view the full Economic Bulletin for 2024, CLICK HERE.