Newmarket, Ontario - Economy

Economy

Newmarket features a diverse and growing economy based largely in the business services and knowledge industries, and the administrative, manufacturing and retail sectors.

The following are some of the Town's major public sector employers:

  • Southlake Regional Health Centre
  • Regional Municipality of York Headquarters
  • Town of Newmarket
  • York Regional Police Headquarters
  • RCMP Headquarters
  • York Region District School Board
  • York Catholic District School Board

The following are some of the Town's major private sector employers:

  • Allied International Credit
  • Dortec Industries
  • Flextronics Renewable Energy
  • TS Tech Canada Inc.
  • Global
  • Slide Master
  • Pearson Canada
  • Orchid International
  • Engineered Air
  • Cintas

Notwithstanding these major employers, a large percentage of Newmarket's population commutes to Toronto for employment.

Read more about this topic:  Newmarket, Ontario

Famous quotes containing the word economy:

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)