The Definitive Guide for Markham

View Video Clip Markham is Canada's high tech capital, with over 400 corporate multinational headquarters and 1,500 tech and life scientific researches firms. Markham has among the greatest educated workforces in Canada as a result of its public education system and waves of skilled immigrants to the region. Markham has the most affordable industrial tax price in the Greater Toronto Location.

We have a relatively varied economic situation here in the City of Markham. We are component the Greater Toronto Area (GTA) yet when it concerns the major sectorsthere is no question about itthe innovation market is without a doubt the biggest field that we have in our community.


To put that in perspective, we are the 2nd largest infotech (IT) center in the countrysecond just to the city of Toronto. We also have a financial industry right here with banks that have regional workplaces located within our area, and international financial institutions that have their Canadian head workplaces below.


It is fairly interesting, when you go up the Highway 404-Highway 407 hallway, you will certainly see a few of the greatest names in design firms that are doing work here in Ontario, in other parts of Canada, and globally. We have become rather a center for several of those expert solutions found right here in the city.

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Markham's economic situation is very diverse, but as long as we call ourselves Canada's sophisticated capitaland we have over 400 corporate international headquarters herewe are actually no different than lots of other communities in the feeling that the large majority of services are tiny- and medium-sized ventures (SMEs). They are the local business, whatever from 5 to 20 employees, and we have hundreds of those situated within our neighborhood.


Markham and Toronto are really attached, and some areas might see that as a curse, however I see it as a true blessing due to the fact that we are the 2nd biggest IT center in the country, second only to the city of Toronto. There are all-natural connections in not simply the IT sector but various other fields as well, where we have individuals that may live in Toronto and they are involving benefit our companies.


What attaches us to Torontoand certainly the rest of the GTAis the transport system. This is seriously important in any kind of city location, and Highways 404 and 407 not only aid attach us to components of Toronto yet to the various other components of the GTA. Our community attracts attention in many aspects and we hold our very own.

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We hold our own in the industries that are here, and we also have one of the highest possible percentages of post-secondary informed workforce in the nation (Markham ON). That remains in component since of our education and learning system, yet it is also because when the waves of migration were happeningbecause of the criteria of getting involved in Canadawe had the ability to draw in people who came here that are highly skilled, very enlightened and have an amazing quantity of experience in various other jurisdictions


One is our community. The reason is we are an area of our dimension with a number of IT companies, and it is not that they are standalone entities, it's that we functioned extremely hard at creating an ecological community that sustains modern technology and innovation.

There are some other private firms that also have research study centres and advancement centres within their very own firms. There are five business below in Markham that would be in the leading 10 of study and growth investors.


Recently we had the ground damaging for a new university for York College right here in the city of Markham. This specific university is going to be incorporated with the business that are right here. They are going to be working hand-in-hand to develop the curriculum to ensure that the graduates of tomorrow will have discovered the skillsets that the companies are seeking.

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If a business was aiming to invest not simply in IT but in pharmaceutical or artificial knowledge, this is the place to do it due to the fact that we have the peoplewe are mosting likely to have even more graduates out of York University which will certainly be placed to work for those firms. "If a company was seeking to invest not simply in IT yet in pharmaceutical or expert system, this is the area to do it." Other than the normal activities ventureLAB is doing to sustain firms, we likewise have the Equipment Catalyst Initiative.


This Hardware Driver Effort will certainly be Full Report a laboratory where companies and organizations can collaborate to create new technology to produce that capability and for it to be developed right here in Canada. One of the things that I frequently state regarding the City of Markham, is that many communities will tell you that they present the red carpetand it is a great feeling when you are walking down the red carpetbut it is what occurs when you go through the front door.


This is why Honda Canada (Markham map) concerned the City of Markham. They were under a whole lot of pressure due to the fact that they have actually been looking in other places to open up their head workplace and distribution centre in Ontario and Canada, and we got them through an official plan change, their zoning and website strategy, in a matter of eight months

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It is that attendant service that we supply not just on the red carpet but after you obtain via the front door. Markham has a city government that works together with capitalists when they come here because we desire them to be successful. There is also excellent information for capitalists at the provincial levela great deal of red tape being cut in Ontario, attempting to simplify the financial investment procedure.

"Markham has a city government that functions hand-in-hand with financiers when they come right here since we desire them to be effective." Our skill pool is strongwe have among the highest possible post-secondary educated workforces in the entire country, and we currently have a public university that is mosting likely to improve our position in that regard.


We have the complete plan, and we function with investors to make points happen as rapidly and as properly as we can. Share Spotlight Interview.

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