The new stations along the extension will bring transit closer to 26,000 more people and 22,900 more job opportunities while reducing travel times by up to 22 minutes.
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York Region Business News
Explore an aggregated collection of business news, blogs, and press releases coming from the York Region business community.
Rinnai America expands distribution network with its first warehouse in Canada; located in Markham
Rinnai America Corporation, a leader in innovative, energy-efficient tankless water heaters, is expanding its North American distribution network with its first warehouse in Canada. Effective immediately, Rinnai products will be stocked and shipped from a new distribution center in Markham, Ontario, improving access for Distribution partners and PROs across the Greater Toronto Area (GTA) and surrounding regions.
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Support Black-owned businesses in York Region on October 25
Join us at Upper Canada Mall at the one-day business expo and marketplace showcasing over 20 Black-owned small businesses in York Region!
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15 York Region-based companies make Report on Business ranking of Canada’s Top Growing Companies 2025
For the seventh year, Report on Business has produced a ranking of Canada’s Top Growing Companies, measuring businesses on three-year revenue growth. As a cohort, the 400 companies on this year’s list incontestably bear the scars of the hard yards behind them.
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Canada’s York Region in Greater Toronto positioned as a prime tech destination for Taiwanese investment
While Canada’s technological strengths are often under-estimated, York Region, located in the Greater Toronto Area and home to a burgeoning technology ecosystem, is actively positioning itself as a key partner for Taiwanese tech companies looking to expand into the North American market.
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Ontario boosting training for entrepreneurs through the $5-million 2025-26 RAISE grant program
Applications are now open for the 2025-26 RAISE program, where participants will receive free online business development training from DMZ at Toronto Metropolitan University — one of Canada’s leading business incubators — and a one-time grant of $10,000 upon successful completion.
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LGC Group opens $100M Organic Chemistry Synthesis Centre of Excellence in Vaughan, strengthening Canada’s role in global life sciences
The new facility expands the capabilities of Toronto Research Chemicals (TRC), an organization founded at the University of Toronto more than 40 years ago and acquired by LGC Group in 2019.
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Honda Indy moving to Markham
The new temporary track will be built in the eastern precinct of Markham’s downtown, between Kennedy Road, Enterprise Boulevard, Unionville GO tracks and Highway 407.
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Newmarket business accelerator was a ‘game changer’: Patent startup founder
Newmarket resident Yulia Druzhnikova co-founded PioneerIP, an AI-power patent infringement search, 16 months ago with networking, exposure support from Treefrog Accelerator
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Richmond Hill headquartered Cheelcare signs five-year lease for new manufacturing facility to support growth
Cheelcare, a Canadian leader in assistive mobility devices, has entered into a five-year lease agreement with an option for another five years, for a 16,000 square foot freestanding industrial facility located in Markham, Ontario.
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New partnership brings Westcliff University’s first Canadian Campus to ventureLAB’s innovation hub
ventureLAB is proud to announce a new partnership with Westcliff University, marking the official launch of Westcliff’s first Canadian campus, right inside our innovation hub in Markham, Ontario. This exciting collaboration brings together a world-class academic institution and one of Canada’s most active innovation ecosystems to unlock bold new opportunities for students, researchers, and tech founders alike.
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Markham-based QEA Tech receives $4.2M in NRC support to advance AI-driven building envelope retrofit technology
QEA Tech announced that it is receiving advisory services and up to $4,200,000 CAD in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support research and development for its patented building envelope audit technology.
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Province Launching Protect Ontario Financing Program to Support Sectors Impacted by U.S. Tariffs
Ontario-based businesses in these sectors that are facing tariff-related challenges, such as payroll, lease payments and utility payments, will be able to access the Protect Ontario Financing Program in addition to federal government supports, such as loans and loan guarantees, and would undergo rigorous assessment and due diligence to determine eligibility and ensure taxpayer funds are used responsibly.
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YSpace is turning Toronto and York Region into a springboard for Hong Kong startups
With support from Cyberport and YSpace, York University’s entrepreneurship and innovation hub, Ip is now leading RaSpect’s expansion into North America, tapping into a market that’s home to the thousands of high-rise buildings. And Toronto and York Region are their first stops outside of Asia.
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York University Markham marks first anniversary with 1,000 students enrolled
York University’s Markham campus will welcome a new cohort of students through orientation, marking one year since it opened. According to Dan Palermo, deputy provost at the Markham campus, the school will admit around 600 students this fall, bringing the total number of students to around 1,000.
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Markham-based QEA Tech launches Japan projects in collaboration with Drone Frontier
The Tokyo National Museum was interested in working with QEA Tech to gain detailed insights on energy savings opportunities across the building envelope. The Museum chose to work with QEA Tech as it provided an innovative, efficient, and scalable solution unavailable locally. This cutting-edge project consisted of QEA Tech and Drone Frontier using industrial drones to capture thousands of high-quality infrared and visual images of the museum’s building envelope, having prepared diligently beforehand to ensure that local laws and regulations were followed.
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