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Toronto has Added Approximately 80,000 Tech Jobs within 5 years

March 25 , 2020 By Rajneesh Kumar

Toronto added 80,000 tech jobs in the last 5 years

Ontario has descended to the 3rd position among 50 Canadian and U.S. tech talent markets. While Toronto has found its place among the top 3 cities in both Canada and the U.S. for tech workers.

Locally famous as “The Six”, the city has reached on the 3rd position in CBRE’s Scoring Tech Talent Report.  The CBRE ranks 50 Canadian and U.S. tech markets on unique, 13 metric system that includes complete tech degrees, talent supply, and job growth.

As per the report, Toronto ranks ahead of New York City, Washington D.C. and Austin, Tex. It is also termed as a “brain gain,” by adding more than 80,000 tech jobs since the year 2013. The report also says, “Toronto’s pool of tech talent grew at the fastest pace of all 50 markets measured, adding an eye-popping 80,100 tech jobs in the past five years, a 54 percent increase.

Mr. Paul Morassutti, CBRE Canada Vice Chairman also said, “the tech sector’s impact on Toronto cannot be overstated and are attracting the best in the industry.”

As per CBRE s statement, other cities of Canada have also performed well. Vancouver got 12th rank, which marks great year-over-year performance improvement for any city of North America.

While Montreal ranked 13 and Ottawa, Canada’s national capital came at the 19th spot.

Immigration programs which are designed to address the ever-growing needs of the tech market

With this rapid growth, the need to fulfill labour shortage in the tech sector has also seen a rise.

The Express Entry system is one of the leading sources of Canada’s for inviting skilled foreign workers as well as IT professionals to apply for a permanent residency visa in Canada.

Express Entry has invited candidates from the following top 3 occupations in 2018:

  1. Software engineers and designers
  2. Computer programmers and interactive media developers
  3. Information systems analysts and consultants

However, EE doesn t consider occupation as a key criteria while selecting the candidates.

Important: Immigrate to Canada as an IT Professional

Provincial nominee programs

For tech workers who have low CRS scores, obtaining a provincial nomination is a good idea. EE candidates who have got their provincial nomination get an additional 600 points, which ensures their federal ITA.

Several PNPs have designed tech-focused programs and the recent entrant in the league is Ontario’s new Tech draws. With these Tech Draws, Ontario look for the right candidate from the federal EE pool with work experience in 6 in-demand tech occupations.

The Manitoba Provincial Nominee Program also offers several Tech positions under its “Natural and applied scientists and other related occupations as per its In-Demand Occupation List.

Next comes the Saskatchewan province s computer programmers and interactive media developers profile, which is recently added to SINP s in-demand occupations list.

On the Pacific Coast of Canada, the British Columbia Province also conducts weekly Tech Pilot invitation rounds for 29 in-demand tech-related occupations.

Important: Canada PNP Live Tracker 2019

Global Talent Stream of Canada

Most of the Tech companies and skilled foreign workers take benefits of Canada s Global Talent Stream, which is a pillar of the Global Skills Strategy of Canada.

With this stream, Canadian employers grab foreign talent (temporary) in all the eligible occupations within the processing time of 2 weeks for both LMIA (Labour Market Impact Assessments) and work permits.

Global Talent Stream includes the following occupations:

  • Computer engineers
  • Computer programmers
  • Software engineers and designers
  • Web designers and developers

Since its inception in the year 2017,  approximately 24,000 foreign workers (temporary) have been recruited.

Important: Apply for a Job in Canada as New Immigrant

Planning to immigrate to Canada? Connect with Canada PR Avenue today!

With our specialized services and a team of expert consultants, we ensure a quick and hassle-free Canada immigration process.

You can confirm for your eligibility under EE or PNP streams of Canada by filling out the free assessment form.

For any other queries or concerns, you can drop an e-mail at info@canadapravenue.com.

 

Disclaimer: Canada PR Avenue is primarily an immigration advisory company that offer consultation for world wide immigration options. Canada PR Avenue is not associated with any government authority or department of immigration and we don t deal in any type of job or job assistance services.

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