Investing in Richmond Hill
Thinking Forward - Invest in Richmond Hill, Ontario, Canada
With a population of over 200,000, Richmond Hill is a key part of the Greater Toronto Area – population 6,400,000.
One of Canada’s most educated populations
- 79% have post-secondary education
- 15,000+ workers with the majority concentrated in computer systems design and related services
- The highest number of STEM graduates per capita
Knowledge economy leader
- 22 colleges and universities within 60 minutes
- Home to the Centre for Local Innovation and Collaboration (CLIC)
- Access to top incubators and investors
- A key stop on Ontario’s Innovation Corridor, a highly connected economy contributing $360 billion to Canada's GDP
Richmond Hill has four Key Business Sectors and their associated subsectors:
- Professional, Scientific and Technical Services (PSTS) with key focuses on Microelectronics, IT Services and Environmental Services
- Health with a key focus in Healthtech and Medical Devices
- Finance and Insurance with key focus in Fintech and Alternative Financial Services
- Information and Culture
Innovators and makers of electronic circuits, components and microchips are thriving in Richmond Hill thanks to our extraordinary engineers and well-educated skilled workforce.
The microelectronics sector in Richmond Hill is varied and growing. Computer system design and engineering jobs rank among the highest for projected growth in the city as design engineering firms, component suppliers and manufacturers continue to make Richmond Hill home.
Deep expertise is found in artificial intelligence, robotics and advanced manufacturing.
The healthech sector in Richmond Hill is home to a diversity of businesses focused on innovative applications of health technology, such as software, devices, and data analytics. Richmond Hill plays a critical role in Ontario’s broader Life Sciences cluster. Medical device complexity continues to increase with the inclusion of advanced materials, microelectronics, biotechnology, and artificial intelligence (AI).
Deep expertise is found in developing the tools and capacity to transform healthcare.
Find out why Tesla, MIS Electronics, Emerson, Johnson Controls, Merry Electronics, TTE Canada-Tung Thih Electronic Co, SICK Sensor Intelligence, Maple Advanced Robotics, BMW and over 5,000 other companies have chosen Richmond Hill to locate for designing and developing the next generation of cutting-edge products.
Contact(s)
Economic Development
225 East Beaver Creek, Richmond Hill, ON L4B 3P4
T. 905-747-6382
T. 905-771-5483
Email Economic Development
Business Support
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