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View Video Markham is Canada's high technology capital, with over 400 company international head office and 1,500 technology and life sciences business. Markham has one of the highest possible educated labor forces in Canada due to its public education system and waves of proficient immigrants to the region. Markham has the least expensive industrial tax rate in the Greater Toronto Area.

We have a rather diverse economic climate right here in the City of Markham. We are component the Greater Toronto Area (GTA) however when it involves the main sectorsthere is no question regarding itthe modern technology field is without a doubt the largest industry that we have in our area.


To place that in perspective, we are the 2nd largest information modern technology (IT) hub in the countrysecond only to the city of Toronto. We likewise have a financial industry right here with banks who have regional offices located within our neighborhood, and international banks who have their Canadian head workplaces below.


It is rather fascinating, when you rise the Freeway 404-Highway 407 hallway, you will see a few of the largest names in engineering firms that are doing work below in Ontario, in various other parts of Canada, and worldwide. We have come to be fairly a hub for a few of those expert solutions found here in the city.

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Markham's economic situation is really diverse, however as much as we call ourselves Canada's sophisticated capitaland we have over 400 company multinational headquarters herewe are really no different than many other areas in the sense that the large bulk of companies are little- and medium-sized ventures (SMEs). They are the little services, everything from 5 to 20 staff members, and we have thousands of those located within our community.


Markham and Toronto are very linked, and some areas could see that as a curse, however I see it as a blessing since we are the 2nd biggest IT center in the country, second only to the city of Toronto. There are natural partnerships in not simply the IT sector yet other industries too, where we have people that might stay in Toronto and they are coming to help our firms.


Yet what links us to Torontoand definitely the remainder of the GTAis the transport system. This is seriously vital in any kind of city, and Highways 404 and 407 not just aid link us to parts of Toronto but to the other parts of the GTA. Our community stands out in many areas and we hold our own.

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We hold our very own in the markets that are below, and we likewise have one of the highest possible percentages of post-secondary informed labor force in the nation (Markham location). That remains in part as a result of our education system, however it is additionally because when the waves of immigration were happeningbecause of the standards of entering into Canadawe were able to bring in people who came right here that are very knowledgeable, very informed and have an extraordinary amount of experience in other jurisdictions


One is our community. The reason is we are a community of our dimension with a variety of IT companies, and it is not that they are standalone entities, it's Recommended Site that we worked extremely hard at creating an environment that supports innovation and innovation. Our regional advancement centre, ventureLAB, has actually stood out in terms of the startup firms and the support they have actually provided to international straight investment.

There are some other private firms that also have research centres and technology centres within their very own companies. There are 5 firms below in Markham that would certainly be in the leading 10 of study and advancement investors.


Recently we had the ground making a new campus for York University right here in the city of Markham. This certain campus is going to be incorporated with the companies that are below. They are going to be functioning together to create the curriculum so that the graduates of tomorrow will certainly have learned the skillsets that the companies are trying to find.

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If a company was seeking to spend not just in IT however in pharmaceutical or artificial knowledge, this is the location to do it due to the fact that we have the peoplewe are going to have more grads out of York University which will be positioned to benefit those firms. "If a business was wanting to spend not simply in IT however in pharmaceutical or expert system, this is the place to do it." Aside from the normal tasks ventureLAB is doing to sustain companies, we likewise have the Hardware Catalyst Campaign.


This Equipment Driver Initiative will be a laboratory where companies and associations can come together to establish new modern technology to develop that ability and for it to be established right here in Canada. One of the points that I check here typically claim about the City of Markham, is that several neighborhoods will inform you that they roll out the red carpetand it is a wonderful 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 parking) came to the City of Markham. They were under a whole lot of stress since they have actually been looking somewhere else to open up their head workplace and circulation centre in Ontario and Canada, and we got them with a main strategy modification, their zoning and website strategy, in a matter of eight months

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It is that attendant solution that we provide not simply on the red rug yet after you make it through the front door. Markham has a city government that works hand-in-hand with investors when they come here due to the fact that we want them to be effective. There is additionally excellent information for investors at the rural levela lot of bureaucracy being cut in Ontario, trying find out here to streamline the investment procedure.

"Markham has a regional federal government that works hand-in-hand with investors when they come below because we want them to be successful." Our ability swimming pool is strongwe have among the greatest post-secondary enlightened workforces in the entire nation, and we currently have a public university that is mosting likely to improve our position in that respect.


We have the complete package, and we deal with investors to make points happen as quickly and as successfully as we can. Share Spotlight Meeting.

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Considered a significant purchasing facility in Toronto, Fairview Shopping center has nearly 200 stores to explore. If there's a particular product you wish to find, this shopping mall will likely offer it at your convenience. You can also capture a flick within this prominent complex.


And that's simply the appetiser. Allow's talk pampering at secluded, or pedaling around breathtaking. Attempt a. Want to attach with Mother Nature?