Tech layoffs were down markedly in 2024 from 2023, but hiring companies in Canada continue to battle with brain drain among other concerns, concludes an annual report. iNovia Capital’s “State of Canadian Software” also performed a “deep dive” into the country’s primary tech hubs, charting their growth since 2020. Toronto, Canada’s largest hub, has a […]
Tech Talent Salaries in the U.S. Continue to Outpace Canadian Counterparts
We recently wrote (not for the first time) that brain drain—the concept of educating local or imported intellectual talent only to lose it to a more competitive foreign market—is a considerable problem for Canadian tech. A new report from The Logic illustrates exactly why Canada continues to lose a significant portion of its well-educated talent […]
Canada’s Game Development Workforce Sees Salaries Rise Amid ‘Maturation of Industry’
The video game industry remains a vital contributor to Canada’s economy, a new report has affirmed, counting more than 800 studios employing a combined 34,000 people who contribute over $5 billion toward the nation’s GDP. While noting that there was a decrease in employment of roughly 3% since 2021, the report—titled “Canada’s Video Game Industry: […]
Boosted by Gen AI and Optimism, Companies are Ready to Hire Again
Companies are ready to hire again, PwC’s 2025 Global CEO Survey found. Moving forward, 60% of chief executive officers anticipate growth over the next year, a figure that is up from 38% last year and 18% two years ago. According to the 28th annual PwC report, nearly half of CEOs expect to increase their headcount […]
Mastercard Invests $700K to Bolster Cybersecurity Talent Pipeline in Canada
We are well aware by now that Canada is short on cybersecurity professionals—by at least 25,000 strong—and the impacts are tangible. For example, a KPMG report found that 70% of small- and medium-sized businesses in Canada lack the skilled personnel to implement cybersecurity defences and monitor for attacks, a figure that is up from last year. […]
B.C.’s Tech Workforce Poised to Grow Throughout Next Decade: Report
The Province of British Columbia this month reflected on 2024 as it looks ahead to a decade of anticipated economic growth. The Province noted a gain of 14,000 jobs in December, though such growth remains driven largely by public sector positions (only 4,300 of the jobs added in December were in the private sector). Diana […]
The IT Trends Set to Impact Canadian Tech Talent in 2025 (and Beyond)
Canada’s information technology landscape is poised to endure a “significant overhaul of traditional talent strategies due to rapid technological advancements, evolving workforce expectations, and new generations entering the job market,” concludes an annual report from Ontario’s Info-Tech Research Group. The report outlines trends that Info-Tech believes will shape the future of IT talent management. These […]
Canadian Tech Icons Push for Nation to Address Ongoing Brain Drain Concerns
Brain drain—the concept of educating local or imported intellectual talent only to lose it to a more competitive foreign market—has always been a problem for Canada. The “why” behind our Brain Drain is not because Canada sucks or whatever. Our blessing and our curse is that we share a very long border with the United […]
These Companies Want to Expand Their Canadian Tech Talent Forces in 2025
Former federal finance minister Chrystia Freeland abandoning her post as Canada unveiled its annual Economic Outlook was the latest signal—loud and clear!—that our country’s economy is not in an exceptionally strong position. As the dollar tanks and incoming U.S. President Donald Trump challenges Canadian leadership, there are reasons to be concerned about the state of […]
For Better or Worse, These are the Top Trends Impacting Canadian Tech Talent
The year 2024 was one of slow recovery for the Canadian tech talent market, as companies started growing and hiring again following an icy stretch of worldwide layoffs through 2022 and 2023. While the worst of things appear to be in the rearview mirror, many aspects of the market remain turbulent, both in Canada and […]