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The city of Markham offers a lot of attractions to tourists and visitors, like for instance Frederick Horsman Varley Art Gallery, Heintzman House, Markham Heritage Estates, Reesor Farm Market, Cathedral of the Transfiguration, Thornhill village, Main Street Markham, Main Street Unionville, First Markham Place and Market Village, Milne Dam Conservation Park and Forsythe Farm. Main Street Unionville offers more than 70 fashion boutiques and stores, fine dining restaurants, heritage festivals, outdoor summer concerts, and art galleries. Main Street Markham offers cultural and heritage festivals, restaurants, pubs, and farmers' market to tourists and locals alike. First Markham Place and Market Village is situated at the corner of Steeles Avenue and Kennedy Road, and it has two shopping complexes: the Pacific Mall and Market Village in Markham. Forsythe Farm shows what it is like to live amidst a country home setting.

Within Markham City, there are hundreds of mall, including the more recognized Markville Shopping Centre, Market Village and Pacific Mall. Moreover, there are several Asian-oriented shopping centres within the region in order to serve the large numbers of Asians (mostly Chinese Canadian) within the area. The First Markham Place has lots of restaurants and shops that cater to everybody, and the Pacific Mall is known amongst the Chinese, as it is a Chinese mall situated on Kennedy Road and Steeles Avenue East. Aside from this, there is also the Market Village Mall and Splendid China Tower, which is considered to be the second largest shopping area in North America. It is preceded by the Golden Village within Richmond City, British Columbia. For individuals who like to shop at stores which are smaller, they could go to The Shops on Steeles and 404, Thornhill Square, Metro Square, New Kennedy Square and Peachtree Centre.

The city of Markham was once known to be more industrially-active than Toronto City in the 19th century, and its independent community created breweries and distilleries in addition to creating products for worldwide exports. Today, it is known for the huge number of major companies that are located in the town. Businesses such as Apple Inc., Genesis Microchip, Sun Microsystems, Honeywell, Lucent, Toshiba, IBM and Motorola are just among the companies who have made Markham City their permanent base for their businesses.