ARTICLE · 06 APRIL 2017

Removing Immigration Roadblocks Key To Filling Tech Talent Pool

Alexander Holburn Beaudin + Lang LLP

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According to the 2017 Global Startup Ecosystem Ranking, Vancouver has replaced Toronto as Canada's dominant tech startup city.

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According to the 2017 Global Startup Ecosystem Ranking, Vancouver has replaced Toronto as Canada's dominant tech startup city.

Startup Genome, a platform dedicated to helping nurture and maintain thriving tech startup ecosystems around the world, drafted the rankings. In doing so, metrics relating to performance, funding, market research, talent and startup experience were used.

According to the rankings, Vancouver currently houses up to 1,100 startups (the most per capita in Canada) and includes juggernauts like Hootsuite, Slack and Plenty of Fish. Vancouver's startups are worth close to $9 billion, with the average startup raising close to $334,000 in early-stage funding. A large part of Vancouver's success also comes from its private and public collaborations. Hollywood North clearly has the edge in cultivating a thriving tech culture.

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