Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years

November 25, 2022

Atrio of Canadian cities dominated the top five spots in CBRE’s Tech-30 2022 report.

Vancouver and Toronto recorded faster high-tech software and services job growth in 2020 and 2021 than any other cities in North America, according to the report.

During this period, Vancouver and Toronto added more than 28,000 and over 60,000 high-tech jobs, respectively. Vancouver’s pool of high-tech jobs increased by more than 44 percent, while Toronto’s grew by over 37 percent, outpacing Austin, Texas and Seattle.

Montréal followed closely behind at fifth, as its tech talent pool grew nearly 16 percent with the addition of almost 14,000 tech jobs over the past two years.

Though no other Canadian cities cracked the top 30, CBRE ranked Waterloo, Ottawa, and Calgary at number one, two, and three among the next 10 tech talent markets to watch, featuring the trio on this list for the second consecutive year.

“The Tech-30 report confirms that Canadian cities continue to produce and attract some of the best and brightest tech workers in the world,” said CBRE Canada vice chairman Paul Morassutti. “While there is a lot of uncertainty swirling around, we can take some comfort knowing that our economy is underpinned by a robust and innovative tech workforce.”

CBRE’s Tech-30 report explores the tech industry’s impact on office space and ranks the 30 leading tech markets in Canada and the United States, as well as 10 up-and-coming tech markets.

Source: Betakit