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Enjoy Video Clip Markham is Canada's high tech capital, with over 400 business multinational head office and 1,500 tech and life scientific researches companies. Markham has one of the highest informed workforces in Canada because of its public education and learning system and waves of experienced immigrants to the area. Markham has the lowest commercial tax obligation price in the Greater Toronto Location.




We have a rather diverse economy here in the City of Markham. We are component the Greater Toronto Area (GTA) but when it involves the primary sectorsthere is no question about itthe technology field is by much the biggest field that we have in our community.


To put that in point of view, we are the second biggest infotech (IT) hub in the countrysecond only to the city of Toronto. We likewise have an economic sector right here with banks that have local offices situated within our community, and worldwide financial institutions that have their Canadian head workplaces here.


It is quite interesting, when you go up the Freeway 404-Highway 407 passage, you will see a few of the biggest names in engineering firms that are doing work right here in Ontario, in other parts of Canada, and worldwide. We have come to be fairly a center for some of those specialist services found here in the city.

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Markham's economic situation is very varied, however as much as we call ourselves Canada's state-of-the-art capitaland we have more than 400 company international head office herewe are really no different than lots of other communities in the sense that the large bulk of organizations are tiny- and medium-sized ventures (SMEs). They are the local business, every little thing from 5 to 20 workers, and we have countless those located within our area.


Markham and Toronto are very attached, and some areas could see that as a curse, but I see it as a true blessing since we are the 2nd largest IT hub in the nation, 2nd only to the city of Toronto. There are all-natural connections in not just the IT market yet other sectors as well, where we have individuals that may live in Toronto and they are concerning function for our firms.


But what links us to Torontoand absolutely the remainder of the GTAis the transportation system. This is seriously crucial in any kind of city, and Freeways 404 and 407 not just help attach us to components of Toronto but to the other components of the GTA. Our neighborhood attracts attention in lots of respects and we hold our very own.

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We hold our own in the markets that are below, and we likewise have one of the highest possible percents of post-secondary enlightened labor force in the nation (Markham weather). That is in component due to our education and learning system, however it is additionally because when the waves of immigration were happeningbecause of the standards of getting involved in Canadawe were able to attract people that came here that are highly skilled, extremely educated and have an unbelievable quantity of experience in other jurisdictions


One is our ecosystem. The factor is we are an area of our size with a number of IT business, and it is not that they are standalone entities, it's that we worked very hard at establishing an ecological community that sustains modern technology and development.


There is an environment of ventureLAB and even York College, that have actually also opened a technology centre below in Markham, YSpace. There are some various other personal firms that additionally have research study centres and technology centres within their own companies. There are five firms below in Markham that would certainly remain in the leading 10 of r & d investors.


Recently we had the ground breaking for a new campus for York University right here in the city of Markham. This specific campus is going to be incorporated with the firms that are here. They are mosting likely to be visit their website working hand-in-hand to create the educational program to ensure that the graduates of tomorrow will have found out the skillsets that the employers are trying to find.

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If a company was looking to invest not just in IT but in pharmaceutical or artificial intelligence, this is the area to do it since we have the peoplewe are mosting likely to have even more grads out of York College which will be positioned to benefit those business. "If a firm was seeking to invest not simply in IT but look at here now in pharmaceutical or artificial knowledge, this is the location to do it." In addition to the normal activities ventureLAB is doing to support business, we likewise have the Equipment Catalyst Initiative.


This Equipment Catalyst Effort will be a lab where firms and associations can collaborate to create brand-new innovation to develop that capacity and for it to be developed right below in Canada. One of the things that I typically claim concerning the City of Markham, is that numerous communities will inform you that they turn out 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 address) involved the City of Markham. They were under a great deal of stress due to the fact that they have actually been looking elsewhere 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 a matter of 8 months

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It is that attendant solution that we offer not simply on the red carpeting yet after you survive the front door. Markham has a city government that functions together with financiers when they come here since we want them to be effective. There is likewise great news for investors at the provincial levela great deal of red tape being reduced in Ontario, trying to enhance the financial investment process.


"Markham has a city government that works hand-in-hand with financiers when they come here due to the fact that we desire them to be successful." Our skill swimming pool is strongwe have among the highest possible post-secondary educated labor forces in the entire nation, and we currently have a public university that is going to improve our position because regard.


We have the total bundle, and we collaborate with capitalists to make points occur as quickly and as efficiently as we can. Share Limelight Meeting.

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