Canada’s largest tech hub has earned a spot on a global index of 30 cities that are ideal for careers in tech.
With the sixth-most tech job openings and the tenth highest average tech salary, Toronto ranks 15th on the list as the sole representative of Canada.
As we turn the page on another year, these five companies have committed to Toronto as a tech hub and will be hiring in 2024.
Toronto’s ContactMonkey is on a roll. The internal email communications platform was recently named to Deloitte’s Fast 50 and Fast 500 list as well as the Globe and Mail’s list of Canada’s Top Growing Companies. This month they announced a $55 million Series A investment from growth equity firm Updata Partners and they’re putting that money to work. The company currently has has 80 employees and expects to double this number in 2024.
In 2018, UK-headquartered Kainos chose to launch its Canadian operations in Toronto thanks to its deep talent pool. Now they’re tripling down on the city. The digital technology provider recently announced that it plans to triple its Toronto headcount from 100 to more than 300 employees over the next three years with a new office space, further cementing Toronto as a core hub of Kainos’ business in North America.
Founded in 2011 and recently anointed a unicorn, GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and help verify a user’s true digital identity. Anointed as one of BC’s Top Employers, GeoComply recently opened an office in Toronto as a testament to the success of Ontario’s open and competitive iGaming market and the positive impact it has had on Canadian business.
For years, Metrolinx has been adopting the latest technology to improve the experience of public transportation in the Greater Toronto Area. As Metrolinx continues to leverage tech to improve operations—and as the region the agency oversees expands rapidly in population—there is a need to bolster the organization’s workforce to support further innovation. As a result, Metrolinx is actively hiring and will be at the upcoming Techtalent.ca Job Fair.
British multinational consumer packaged goods giant Unilever recently opened the new global Artificial Intelligence lab in Toronto. Unilever’s Horizon3 Labs represents an increase in technology investment that grew out of the company’s focus on the use of AI to increase productivity and efficiency. Andy Hill, Unilever’s Chief Data Officer, believes that setting up this lab in Toronto will allow Unilever to access vibrant tech talent and some of the best partners in the business to bring solutions to life.