Why Richmond Hill

Community Profile

Richmond Hill is a great location to start and grow your business. The success of our businesses is just one of the reasons why we are known as The Smart Place for Business. 

• Population - Richmond Hill has a population of 206,883 that speaks 126 languages. 
• Talent - Richmond Hill has one of Canada's most educated workforces, and York Region's most educated workforce with more than 50% of residents holding a University degree and over 77% with post-secondary education. You will have access to a diverse, highly skilled talent pool to grow your business.
• Employment Growth - More than 4,800 companies created more than 73,000 jobs.
• Innovation - Richmond Hill is home to disruptive innovators. We are part of Canada's largest technology cluster, and also a pioneer in the four key business sectors (Professional, Scientific and Technical Services, Health Industry, Finance and Insurance, and Information and Cultural Industries). A whole lot of really smart people work here, and they are leading the new knowledge economy.
• Ideal Location - Our businesses benefit from a prime location as we are located in the center of the Greater Toronto Area. With great access to transit systems including the future Yonge Subway Extension and close to major highways, ports and international airports, you will be able to move with ease within the entire area.
• Competitive Cost of Doing Business - Richmond Hill has competitive development charges, office development and redevelopment incentives, and comparatively low property tax rates allowing you to properly manage these costs and focus on your business growth. 

 Learn why Richmond Hill is the Smart Place for Business by reading our Community Profile.

Here is a video that showcases the quality of life in Richmond Hill:  

Here are a few more reasons why Richmond Hill is an ideal location for your new, growing or expanding business: 

• Award Winning Businesses - Working alongside award winning businesses, our companies have been recognized by local, national and international industry rankings.
• Personalized Business Support - Economic Development staff are here to help you navigate through City departments and provide personalized business services to help your business grow and thrive.
• Diverse and Thriving Community - Richmond Hill offers a multi-cultural community with a high-quality lifestyle with a strong, growing economy.  From green space to a world-class performing arts centre, Richmond Hill has it all.
• Planning for the Future - Through green initiatives that prepare our community for the future, Richmond Hill is committed to preserving our natural environment and encourages our businesses to embrace practices that have a positive effect on the environment and our community.
• A Well Run Municipality - Strong leadership creates a strong community. Richmond Hill Council and staff are focused on creating a progressive and accountable government.

View testimonials from Richmond Hill based companies 

Did you know that Richmond Hill is an award-winning community?

Our most recent awards include:

	2016 Gold Excellence Award from International Economic Development Council (IEDC) for Guide for New Businesses brochure.
	Ranking Richmond Hill 4th amongst 50 Canadian cities in the Conference Board of Canada's City Magnets 2014 report. This report benchmarked features such as education, innovation, economy, society, health, environment and housing.
	2014 Economic Developers Association of Canada (EDAC) Marketing Canada Award for Creative Industries Symposium.
	2014 MarCom Gold Award for new Film Location Resource Guide.
	2014 Award of Merit from Economic Developers Council of Ontario (EDCO) for recognition of our MedEdge Summit.
	2014 Honourable Mention from EDCO for our Economic Development website.
	2013/2014 fDi Magazine North American Small City of the Future Award.
	2011/2012 fDi Magazine North American Small City of the Future Award.

Contact the Economic Development team to learn more about how we can help your business.