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View Video Clip Markham is Canada's high tech resources, with over 400 company international head office and 1,500 tech and life scientific researches companies. Markham has one of the greatest educated workforces in Canada because of its public education and learning system and waves of proficient immigrants to the region. Markham has the most affordable commercial tax obligation rate in the Greater Toronto Area.

We have a rather diverse economic climate here in the City of Markham. We are component and parcel of the Greater Toronto Area (GTA) however when it pertains to the primary sectorsthere is no question regarding itthe modern technology market is without a doubt the biggest industry that we have in our area.


To put that in viewpoint, we are the 2nd biggest information modern technology (IT) hub in the countrysecond only to the city of Toronto. We additionally have a monetary market here with financial institutions who have regional offices located within our community, and global banks who have their Canadian head offices below.


It is fairly fascinating, when you increase the Freeway 404-Highway 407 passage, you will see a few of the largest names in design firms that are doing work below in Ontario, in various other parts of Canada, and internationally. We have actually become rather a hub for a few of those specialist services located here in the city.

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Markham's economic climate is very diverse, but as much as we call ourselves Canada's state-of-the-art capitaland we have over 400 corporate international head office herewe are really no various than numerous other areas in the sense that the substantial majority of services are little- and medium-sized business (SMEs). They are the little businesses, whatever from 5 to 20 employees, and we have thousands of those situated within our area.


Markham and Toronto are very linked, and some communities might see that as a curse, but I see it as a true blessing due to the fact that we are the second biggest IT hub in the country, second only to the city of Toronto. There are all-natural connections in not simply the IT industry but various other industries as well, where we have people that might stay in Toronto and they are concerning benefit our companies.


What links us to Torontoand certainly the remainder of the GTAis the transport system. This is seriously important in any kind of urbane location, and Freeways 404 and 407 not just assist link us to parts of Toronto however to the various other parts of the GTA. Our area stands out in numerous respects 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 greatest percents of post-secondary informed workforce in the country (Markham location). That is in component as a result of our education and learning system, however it is likewise due to the fact that when the waves of migration were happeningbecause of the standards of getting involved in Canadawe had the ability to draw in people that came right here that are highly experienced, highly enlightened and have an extraordinary quantity of experience in other jurisdictions


One is our environment. The factor is we are a neighborhood of our dimension with a number of IT business, and it is not that they are standalone entities, it's that we worked really hard at creating an ecological community that supports modern technology and innovation.

There are some other private companies that likewise have study centres and innovation centres within their own firms. There are five business right here in Markham that would be in the leading 10 of research study and development financiers.


Last week we had the ground breaking for a brand-new campus for York University right here in the city of Markham. This particular campus is mosting likely to be incorporated with the firms that are here. They are going to be functioning together to develop the curriculum to make sure that the grads of tomorrow will certainly have found out the skillsets that the employers are trying to find.

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If a company was wanting to spend not just in IT however in pharmaceutical or expert system, this is the place to do it because we have the peoplewe are going to have even more grads out of York University which will be placed to benefit those business. "If a firm was aiming to invest not just in IT but in pharmaceutical or expert system, this is the location to do it." In addition to the typical activities ventureLAB is doing to sustain firms, we additionally have the Equipment Driver Campaign.


This Equipment Driver Campaign will be a lab where firms and organizations can integrate to establish brand-new technology to create that capability and for it to be developed right here in Canada. One of the important things that I usually claim concerning the City of Markham, is that several neighborhoods will inform you that they turn check out here out the red carpetand it is an excellent sensation 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 hour) involved the City of Markham. They were under a great deal of stress since they have actually been looking elsewhere to open up their head workplace and circulation centre in Ontario and Canada, and we got them through a main plan modification, their zoning and site plan, in a matter of 8 months

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It is that concierge solution that we give not simply on the red carpeting however after you make it through the front door. Markham has a city government that functions together with capitalists when they come below since we amd markham on want them to be effective. There is likewise great news for financiers at the provincial levela great deal of bureaucracy being reduced in Ontario, trying to streamline the investment procedure.

"Markham has a neighborhood government that works together with investors when they come right here due to the fact that we want them to be effective." Our talent swimming pool is strongwe have one of the greatest post-secondary informed workforces in the whole country, and we currently have a public college that is going to enhance our position in that respect.


We have the full bundle, and we work with financiers to make points take place as rapidly and as successfully as we can. Share Spotlight Meeting.

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Taken into consideration a major shopping facility in Toronto, Fairview Mall has almost 200 shops to discover. If there's a specific item you intend to discover, this mall will likely provide it at your ease. You can likewise catch a movie within this popular complicated.


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