The tech industry has a strong foothold in Canada, and that is becoming an important economic driver. An economic impact study commissioned by VIATEC Victoria revealed the tech sector has a $5.22-billion annual economic impact on our region, with combined annual revenue of its 955 companies of $4.06 billion and employing 16,775 people directly. It is expected the sector will achieve combined annual revenues of $10 billion by 2030.
Vancouver has 68,500 tech jobs, up 30.7 per cent from 2012, and 5.9 per cent of the city’s workers are employed in the tech sector.
Source: https://www.timescolonist.com/business/greater-victoria-s-tech-sector-still-booming-but-recruiting-a-challenge-1.23462806
Source: https://renx.ca/tech-likely-canada-saviour-during-recession-morassutti
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