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ARTICLE · 05 SEPTEMBER 2017

Toronto Ranks As Fastest Growing Tech Market In North America

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The development of a highly-skilled labour market is key to success in the tech field.

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The development of a highly-skilled labour market is key to success in the tech field. For that reason, Canadian entrepreneurs had cause to celebrate the CBRE's annual Scoring Tech Talent Report, which ranked Toronto as the fastest-growing tech market in North America. CBRE Canada's Executive Vice President Werner Dietl reported that from 2015 to 2106, Toronto added more tech jobs than New York and the San Francisco Bay area combined. The only Canadian city in the CBRE's top 10, Toronto is now reported as the sixth best tech city in the world. According to Werner Dietl, the appeal of Toronto boils down to the fact that it's a cost-effective place to do business – Toronto is cheap when compared to other major cities, but the high-quality talent pool means that the Toronto market can give tech firms a lot of value for less expense.

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