Toronto, Montreal, Ottawa and Waterloo were responsible 63% of Canada’s high-tech job growth.
When it comes to tech talent, Toronto is still king, but a new study shows cities across Canada are also proving competitive.
The new 2018 Scoring Canadian Tech Talent report ranked cities like Hamilton, Quebec City, and Halifax among Canada’s top 10 tech talent markets, and placed Ottawa and Waterloo in the top five.
“Tech has become a force for city building,” says the report, which is published by CBRE Canada. “Technology has become woven into every traditional component of a region’s economy and the future of many Canadian cities seem inextricably linked to the prospect of becoming a tech hub.”
The report, which looks at 20 Canadian cities, strives to provide a “comprehensive picture of Canada’s tech ecosystem” and follows CBRE’s 2018 Scoring Tech Talent in North America study, which came out earlier this year.
Like that earlier report, Toronto remains Canada’s tech powerhouse, ranking first based on 13 metrics arranged under three key indicators: tech talent employment, educational attainment and the high-tech industry.
The survey noted investments in Toronto from major tech firms such as Uber, NVIDIA, Etsy, Samsung and LG as well as major office deals inked this year by Shopify, Microsoft, Touch Bistro, OpenText and Google.
Ottawa, Canada’s national capital and home to Shopify, placed second and Montreal, Vancouver and Waterloo rounded out the top five Canadian tech talent markets.
“These locations possess the strongest combination of attributes that the technology sector needs to flourish, especially when it comes to a high concentration of tech employment,” the report reads.
Montreal, Canada’s second largest city behind Toronto, replaced Vancouver in third place this year, which the report attributed to its “overall tech talent and high-tech concentration outpacing that of Vancouver for a second consecutive year.”
Source: CIC NEWS
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