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Enjoy Video Markham is Canada's advanced capital, with over 400 corporate international head office and 1,500 technology and life scientific researches business. Markham has among the highest possible educated workforces in Canada because of its public education system and waves of competent immigrants to the area. Markham has the most affordable commercial tax price in the Greater Toronto Location.

We have a fairly varied economic situation here in the City of Markham. We are part and parcel of the Greater Toronto Location (GTA) yet when it involves the major sectorsthere is no doubt concerning itthe innovation sector is without a doubt the biggest industry that we have in our community.


To place that in perspective, we are the 2nd largest details technology (IT) hub in the countrysecond only to the city of Toronto. We likewise have a monetary sector here with financial institutions that have regional workplaces situated within our neighborhood, and worldwide banks who have their Canadian head offices here.


It is quite intriguing, when you rise the Freeway 404-Highway 407 hallway, you will see some of the greatest names in design firms that are doing job below in Ontario, in various other parts of Canada, and worldwide. We have actually come to be fairly a center for several of those professional solutions located below in the city.

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Markham's economy is very diverse, but as long as we call ourselves Canada's high-tech capitaland we have more than 400 corporate multinational headquarters herewe are actually no various than lots of various other areas in the feeling that the large majority of services are small- and medium-sized business (SMEs). They are the local business, everything from 5 to 20 employees, and we have thousands of those situated within our area.


Markham and Toronto are extremely attached, and some areas may see that as a curse, yet I see it as a blessing because we are the second biggest IT hub in the country, second only to the city of Toronto. There are natural partnerships in not just the IT market but various other fields as well, where we have individuals that may reside in Toronto and they are coming to function for our companies.


What links us to Torontoand definitely the remainder of the GTAis the transport system. This is critically vital in any city, and Highways 404 and 407 not only aid attach us to components of Toronto but to the other components of the GTA. Our neighborhood stands apart in numerous areas and we hold our very own.

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We hold our very own in the industries that are right here, and we also have among the highest percentages of post-secondary educated workforce in the nation (Markham weather). That is in part due to the fact that of our education system, but it is additionally because when the waves of migration were happeningbecause of the requirements of entering Canadawe were able to bring in individuals that came below that are very proficient, extremely enlightened and have an extraordinary amount of experience in various other territories


One is our ecological community. The factor is we are a community of our dimension with a number of IT companies, and it is not that they are standalone entities, it's that we worked very hard at developing a community that sustains innovation and technology.

There is a community of ventureLAB and also York College, who have also opened up an innovation centre here in Markham, YSpace. There are a few other exclusive companies that also have research study centres and advancement centres within their own firms. There are five business below in Markham that would certainly remain in the top 10 of study and development investors.


Recently we had the ground damaging for a brand-new school for York University right below in the city of Markham. This particular campus is mosting likely to be incorporated with the firms that are right here. They are mosting likely to be working together to create the curriculum to make sure that the graduates of tomorrow will certainly have learned the skillsets that the employers are looking for.

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If a firm was wanting to invest not simply in IT but in pharmaceutical or expert system, this is the location to do it because we have the peoplewe are going to have look here even more grads out of York College which will certainly be placed to function for those firms. "If a firm was seeking to invest not simply in IT but in pharmaceutical or expert system, this is the location to do it." Other than the typical tasks ventureLAB is doing to support firms, we likewise have the Equipment Stimulant Campaign.


This Hardware Driver Initiative will be a lab where business and associations can integrate to develop brand-new technology to develop that ability and for it to be created right here in Canada. Among the important things that I often say regarding the City of Markham, is that several communities will certainly inform you that they roll out the red carpetand it is a great sensation when you are strolling down the red carpetbut it is what takes place when you go through the front door.


This is why Honda Canada (Markham address) involved the City of Markham. They were under a great deal of stress since they have been looking in other places to open their head office and distribution centre in Ontario and Canada, and we obtained them with an official strategy modification, their zoning and website plan, in an issue of eight months

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It is that attendant service that we give not just on the red rug but after you get with the front door. Markham has a city government that functions hand-in-hand with financiers when they come here since we want them to be successful. There is likewise great news for investors at the provincial levela great deal of bureaucracy being reduced in Ontario, attempting to enhance the financial investment process.

"Markham has a neighborhood federal government that functions hand-in-hand with capitalists when they come right here because we desire them to be effective." Our skill pool is strongwe have among the greatest post-secondary educated labor click here now forces in the entire nation, and we currently have a public university that is going to enhance our position because regard.


We have the total package, and we function with financiers to make things happen as quickly and as successfully as we can. Share Spotlight Meeting.

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