Canada’s Technology Industry Continues On Growth Path: CompTIA

Canada’s technology industry recorded another year of steady growth in 2019, according to Cyberprovinces™, the annual report on the size and scope of the country’s tech industry and workforce published by CompTIA, the nonprofit association for the global technology industry.

Net tech employment increased by nearly 60,000 positions in 2019, a growth rate of 3.6% over the previous year, and now totals an estimated 1.72 million workers. Since 2011, net tech employment in Canada has increased by an estimated 282,000 net new jobs. The figures include technology professionals working in technical positions and business professionals employed by technology companies.

Canada’s tech sector accounted for 4.7% of the overall Canadian economy in 2019, up slightly from 2018. There are approximately 73,154 tech business establishments with payroll located throughout Canada.

Eight provinces recorded gains in technology employment in 2019, led by Ontario (+31,735), Quebec (15,937) and British Columbia (+12,323).

The media annual wage for a technology worker in Canada is $76,471 CAD compared to $54,483 CAD for all occupations.

CompTIA’s Cyberprovinces report is based on data available through the end of 2019. The impact of the COVID-19 pandemic on the Canadian technology industry and workforce will not be fully understood until complete 2020 labour market data is available.

Double-digit growth is projected for the period from 2019 through 2027 for several occupations, including database analysts and administrators (22%), systems analysts and consultants (17%), software engineers (16%) and user support technicians (15%).

Technology job  postings through the first half of 2020 were down from the same period in 2019, but still totaled more than 54,700.      

The report notes that employer demand for skills in areas such as machine learning, robotics, augmented and virtual reality, blockchain, internet of things and related emerging technologies increased by 36% percent in 2019. Though still a relatively small subset of overall job postings, it is an indicator of where business investment in tech may be headed.

The complete Cyberprovinces 2020 report, with comprehensive national and province level data on average wages, business establishments, job postings, emerging tech metrics and more, is available at https://www.comptia.org/content/cyberprovinces-2020.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: