In a new report released by CBRE, Toronto rose in rankings to become one of the top three markets in North America for tech talent.
The 2019 Scoring Tech Talent Report showed the city’s improvement from its ranking last year, where it placed fourth. Total tech occupations in Toronto grew 54 percent from 2013 to 2018 with 228,500 people employed in 2018.
“The impact of tech companies and the growing influence of tech talent cannot be understated.”
“We hear about tech more and more, but in a thriving city like Toronto, the impact of tech companies and the growing influence of tech talent cannot be understated. Tech job growth has a multiplier effect in the economy and the influence of tech is re-shaping virtually every sector of real estate,” said CBRE Canada’s vice chairman Paul Morassutti.
For 2019, Toronto entered the top three by edging out Washington, DC, which dropped one spot. Notably, few markets shifted positions compared to the previous year, with six of the top 10 market..Read More