Top Industries in Markham
Markham is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Markham include:
Technology
Markham's technology sector is a major contributor to its economy, with numerous multinational companies and startups. The industry is experiencing rapid growth, with a high demand for software developers, data analysts, and IT specialists.
Range: $70-$150k
Growth rate: 15%
Some job openings:IBM Canada is hiring: Software Developer, Data Analyst
AMD is hiring: Hardware Engineer, Software Engineer
Healthcare
The healthcare industry in Markham is expanding, with a focus on innovative medical technologies and patient care services. There is a growing need for healthcare professionals, including nurses, medical technicians, and healthcare administrators.
Range: $60-$120k
Growth rate: 12%
Some job openings:Extendicare is hiring: Healthcare Administrator, Personal Support Worker
Finance
Markham's finance sector is robust, with a range of opportunities in banking, investment, and financial services. The demand for financial analysts, accountants, and investment advisors is on the rise.
Range: $65-$130k
Growth rate: 10%
Some job openings:RBC is hiring: Investment Advisor, Banking Associate
Manufacturing
The manufacturing industry in Markham is diverse, encompassing electronics, automotive parts, and consumer goods. There is a steady demand for skilled tradespeople, production managers, and quality control specialists.
Range: $50-$100k
Growth rate: 8%
Some job openings:Celestica is hiring: Production Manager, Quality Control Specialist
Honda Canada is hiring: Assembly Line Worker, Mechanical Engineer
Retail
Retail remains a significant sector in Markham, with numerous shopping centers and retail outlets. The industry is seeing a demand for retail managers, sales associates, and customer service representatives.
Range: $30-$70k
Growth rate: 5%
Employment Trends and Growth Rates
Markham is experiencing a positive employment trend, with a job growth rate of approximately 10% across various sectors.
The technology and healthcare industries are leading the growth, driven by innovation and increased demand for services.
Income inequality remains a concern, with the Gini index reflecting disparities in earnings, though efforts are being made to address this through policy and community programs.
Job turnover rates are moderate, with a noticeable shift towards more stable, long-term employment opportunities in key industries.
Job Market for Remote and Freelance Workers in Markham
Remote work is becoming increasingly popular in Markham, with approximately 35% of the workforce engaged in remote or hybrid roles.
The technology sector, in particular, offers numerous remote positions, with companies like IBM and AMD leading the way.
Local job boards and platforms are adapting to this trend, providing more listings for remote opportunities in various fields.
Job Resources and Networking
Markham offers a variety of job resources, including local job boards and career fairs that cater to diverse industries.
The Markham Public Library hosts regular career workshops and resume clinics to assist job seekers.
Local platforms such as MarkhamJobs.ca provide listings for regional employment opportunities.
Entrepreneurial hubs like the IBM Innovation Space offer support for startups and tech entrepreneurs.
Property Prices Rankings
The Property Prices Rankings for Canada evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025