York Region’s growth does include startup activity, but its defining characteristic as a tech hub is its ability to attract investment from large multi-national companies with headquarters in innovation hubs like Silicon Valley, Beijing, and New York. Technology firms including IBM Corp., Huawei Technologies, and AMD are just a few examples of the region’s “Goldilocks” environment. It’s not too far from Toronto (linked by two major north-south highways), the office space is much cheaper than what’s found in the megacity, and the well-educated worker base can actually afford to buy the real estate near their office – meaning it’s just right.
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