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Emerging Technologies Fuel Sustained Demand for Talent in Canada

November 30, 2023 by Knowlton Thomas

Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with more employment growth projected moving forward.

Net tech employment cracked 1,350,000 workers in 2022, data from the nonprofit association for the information technology industry and workforce shows, with further expansion to come.

Tech employment is projected to grow by more than 1% this year, resulting in nearly 1.4 million total workers across the country, according to CompTIA’s “State of the Tech Workforce Canada.”

High-demand roles include software engineers, network technicians, and information system managers, with known talent gaps in fields such as cybersecurity, cloud computing, and AI.

“Employers have resumed hiring activity,” says Gordon Pelosse, senior vice president, employer engagement, CompTIA.

Companies are “balancing immediate staffing needs in cybersecurity, cloud computing, and tech support with longer-term plans in areas such as advanced data analytics and artificial intelligence,” according to the Pelosse.

At an impact north of $110 billion, the tech industry represents more than 5% of Canada’s overall economy.

Much of that impact originates from the nation’s world-class tech hotspots—Toronto, Vancouver, Calgary, and Montreal—which are all poised for tech growth far above the national average.

The estimated median annual wage for a technology worker in Canada is currently $88,000, the State of the Tech Workforce shows—which is 48% higher than the median national wage for all occupations, but still much lower than US tech workers.

Filed Under: News Tagged With: Computing Technology Industry Association

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Techtalent.ca. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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