Autumn approaches. Can you smell the pumpkin spice? As leaves turn from green to red, and our wardrobes from tees to flannels, let us take a bird’s eye view of the current trends impacting Canadian tech talent. A Slowdown in Talent Growth… Tech talent growth slowed last year in Canada, where jobs are increasing at […]
CBRE
A.I. Employment Rises in Canada as Overall Tech Talent Growth Slows
Tech talent growth slowed last year in Canada, where jobs are increasing at less than half of the rate of the US, a new report has found. Tech talent employment grew in the US by nearly 4%, or over 200,000 jobs, in 2023. In Canada, meanwhile, 18,000 new positions represented a growth rate of less […]
Demand for Cybersecurity Talent Continues to Outpace Supply in Canada
The worldwide proportion of elections targeted by cyber threat activity increased from 23% in 2021 to 26% in 2022, according to the Canadian Centre for Cyber Security’s “Cyber Threats to Canada’s Democratic Process: 2023 Update.” The concern is part of a broader trend: Cyberattacks increased globally by 38% from 2021 to 2022, according to data from Check […]
With Layoffs in the Rearview, Canadian Tech Markets Aim for Return to Growth
The global labour market continues to evolve amid a backdrop of remote work, shifting migration patterns, and increased economic development, suggests a new report. But at least the worst of the layoffs is probably behind us, data from CBRE shows. The worldwide unemployment rate closed 2022 at 5.8%, according to statistics from the United Nations’ […]
Canadian Hubs May Pay Techies Similar, But All of Them Lag Behind US
Those looking to forge a career in Canadian tech have long been wise to seek habitat in one of the nation’s major innovation hubs. These select few, highly concentrated ecosystems—Vancouver and the Calgary-Edmonton corridor on the West, and Montreal and the Greater Toronto Empire to the East—house the overwhelming majority of tech companies in Canada, […]
Promising Future for Canadian Tech Talent Emerges from Chaos of 2022
From the start of 2020 through the end of 2022, Canada’s tech talent workforce expanded by 150,000, according to data from CBRE’s 2023 Scoring Tech Talent report. Momentum halted last year, though, when 150,000 tech workers were laid off globally across 1,000 companies. It was a wild and bumpy ride for many. But layoffs haven’t damped Canada’s […]
Canada’s Tech Workforce Expanded 15% During Pandemic
Canada’s tech workforce grew by a substantial figure during the Pandemic, data from CBRE’s 2023 Scoring Tech Talent report shows. And despite a widespread movement toward working from home, most growth still orbits around the country’s major innovation hubs. The annual report, which comprehensively analyzes Canada’s tech talent workforce trends, found that the nation’s workforce […]
As Pandemic Dust Settles, Hybrid Work Model Emerges as New Normal
For the world of tech talent, times have changed. “In 2022, the world adjusted to new ways of working, and many companies experimented with new and exciting technologies to optimize the workplace,” writes Chase Garbarino chief executive of HqO, in the workplace experience company’s latest report . “In 2023 … the latest data tells us […]
Tech Job Postings Down as Companies Grapple with Volatile Conditions
Postings for Canadian tech roles are down in a big way, Indeed revealed this week. Tech roles on the job search company’s platform have dropped 32% since May, well ahead of a 9% drop across all sectors. “We’ve gone from really a market in full-out overdrive, where there are such plentiful opportunities for job seekers […]
Tech in ‘State of Flux’ as Talent Growth Booms Amid Paradigm Shift to Hybrid Work
40% of organizations will offer a blend of virtual and physical work experiences by the end of 2023, predicts Gartner. Within tech companies hiring tech talent, that figure is already at 99%, according to Tech + People Network. “Hybrid work has changed the nature of our workplaces more than anything else since the invention of […]