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:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)