Toronto Beat Out Every City In The Entire Continent For Its Growing High-Tech Job Market
Somehow Silicon Valley placed 13th. 👀
Toronto has been cracking many top ten lists and breaking records lately, but this time, the city is coming out in first place for something we can truly brag about.
A recent report from CBRE (an investment and commercial real estate firm in the U.S.) just placed Toronto as the number one city in North America for its high-tech job growth from 2019 to 2020.
Tech companies are leading the recovery of the office market, adding jobs and committing to more space. Learn more in Tech-30, our new report measuring the industry\u2019s impact on office markets across the U.S. and Canada: https://cbre.co/3mn3iPa\u00a0 #tech #tech30pic.twitter.com/CRHiUhgssj— CBRE (@CBRE) 1635448475
The particular market grew by 26%. Seattle was ranked second with 22% and Vancouver came in at third with 21%.
CBRE's 2021 report explored the tech industry's impact on office space and ranked the 30 leading tech markets in North America.
According to the report, there are 192,200 Torontonians employed in a high-tech software or service position in the city. Over the past year, international tech giants like Pinterest, , Google, TikTok, and more have listed several job postings for eligible Torontonians.
Even though the world was deep in the pandemic during 2020, the report revealed that 219,000 high-tech jobs still popped up throughout North America by June 2021.
Ontario has even more to celebrate than Toronto's booming success in the high-tech job market. CBRE also pointed to Waterloo and Ottawa as two up-and-coming tech markets to keep an eye on for future job growth.