The City of Toronto released it’s 2019 employment survey results today and everyone is talking about the tech sector.
According to the report, a key feature of Toronto’s economy in 2019 is the growth of its technology sector which now accounts for 4% of ALL jobs in Toronto.
“Building on decades of development in information systems, communications technology
and media industries, the city’s growth in internet and online services, computer-generated
imagery, computer-aided design and development and geospatial analysis has led to the
specialization and diversification of the technology sector in Toronto”.
The Survey counted 1,729 tech establishments in 2019, approximately 2% of all establishments in the city. Tech establishments increased 15.5% from 2018 and 85.7% from 2014.
Total employment within tech firms in 2019 was 60,408 jobs, which represents an increase of 16.6% from 2018, and 84.6% from 2014.
Check out the complete survey online.