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Watch Video Markham is Canada's high technology capital, with over 400 business multinational head office and 1,500 tech and life sciences companies. Markham has among the highest enlightened workforces in Canada because of its public education system and waves of proficient immigrants to the area. Markham has the most affordable commercial tax obligation rate in the Greater Toronto Location.

We have a fairly diverse economic situation below in the City of Markham. We are component and parcel of the Greater Toronto Area (GTA) however when it comes to the major sectorsthere is no question regarding itthe technology industry is by much the biggest sector that we have in our community.


To put that in viewpoint, we are the second biggest information modern technology (IT) center in the countrysecond only to the city of Toronto. We also have a financial field below with financial institutions that have local workplaces located within our community, and international financial institutions that have their Canadian head workplaces here.


It is fairly interesting, when you increase the Freeway 404-Highway 407 hallway, you will see several of the greatest names in design companies that are doing work right here in Ontario, in other parts of Canada, and globally. We have actually ended up being rather a center for several of those professional solutions located below in the city.

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Markham's economic situation is very diverse, yet as long as we call ourselves Canada's modern capitaland we have more than 400 business multinational head office herewe are truly no various than several various other neighborhoods in the feeling that the large majority of businesses are tiny- and medium-sized ventures (SMEs). They are the small companies, everything from 5 to 20 employees, and we have countless those located within our community.


Markham and Toronto are really attached, and some communities might see that as a curse, yet I see it as a true blessing since we are the 2nd biggest IT center in the nation, 2nd just to the city of Toronto. There are natural partnerships in not just the IT market but various other industries as well, where we have people that may stay in Toronto and they are concerning benefit our business.


However what links us to Torontoand definitely the remainder of the GTAis the transport system. This is critically crucial in any cosmopolitan area, and Freeways 404 and 407 not only help connect us to components of Toronto however to the various other parts of the GTA. Our area stands apart in lots of respects and we hold our very own.

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We hold our very own in the sectors that are here, and we likewise have one of the highest portions of post-secondary informed workforce in the country (Markham). That remains in part due to our education and learning system, but it is likewise because when the waves of immigration were happeningbecause of the requirements of obtaining into Canadawe had the ability to draw in individuals who came right here that are highly competent, extremely educated and have an extraordinary amount of experience in various other territories


One is our ecological community. The reason is we are a community of our dimension with a number of IT firms, and it is not that they are standalone entities, it's that we functioned extremely hard at developing an ecological community that sustains modern technology and advancement. Our local technology centre, ventureLAB, has stuck out in regards to the start-up business and the support they have actually given to international straight investment.

There is a community of ventureLAB and even York College, who have also opened an advancement centre right here in Markham, YSpace. There are a few other exclusive firms that also have research study centres and innovation centres within their very own firms. There are five firms below in Markham that would certainly be in the top 10 of research study and growth capitalists.


Last week we had the ground making a brand-new university for York College right below in the city of Markham. This particular campus is mosting likely to be integrated with the business that are below. They are mosting likely to be functioning hand-in-hand to develop the curriculum to ensure that the grads of tomorrow will have found out the skillsets that the employers are searching for.

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If a business was aiming 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 more grads out of York College which will be placed to function for those firms. "If a company was aiming to invest not just in IT yet in pharmaceutical or expert system, this is the place to do it." Besides the typical tasks ventureLAB is doing to support firms, we likewise have the Equipment Catalyst Campaign.


This Equipment Driver Initiative will be a lab where business and organizations can come together to create new modern technology to produce that capacity and for it to be developed right here in Canada. Among the important things that I commonly state regarding the City of Markham, is that many neighborhoods informative post will certainly inform you that they present the red carpetand it is a terrific sensation when you are walking down the red carpetbut it is what takes place when you walk through the front door.


This is why Honda Canada (Markham zip code) pertained to the City of Markham. They were under a lot of stress due to the fact that they have actually been looking somewhere else to open up their head workplace and distribution centre in Ontario and Canada, and we got them through a main plan amendment, their zoning and site strategy, in an issue of eight months

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It is that attendant service that we offer not simply on the red carpeting yet after you make it through the front door. Markham has a city government that functions hand-in-hand with capitalists when they come here since we desire them to be successful. There is also good information for capitalists at the rural levela whole lot of red tape being reduced in Ontario, trying to simplify the financial investment procedure.

"Markham has a regional government that works together with capitalists when they come right here due to the fact that we want them to be effective." Our talent pool is strongwe have among the highest post-secondary educated workforces in the entire country, and we now have a public college that is mosting likely to boost our placement in that regard.


We have the total package, and we collaborate with investors to make points occur as promptly and as efficiently as we can. Share Spotlight Interview.

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