Real Estate firm CBRE ranked 50 cities in North America on their ability to attract tech talent to those cities. CBRE used 13 criterias to rank cities such as tech-talent supply, cost of living, educational degrees and real estate prices.
Toronto ranked #4 on the list, and #1 in Canada for the best city where technology talent wants to come and work.
Toronto did move down from #3 to #4 in this ranking as Washington DC moved 2 spots up to #2 right after San Francisco which is still holding #1 spot.
Seattle ranked #3 and New York City ranked #5 after Toronto.
Some Canadians cities fared well while some others dropped in ranking. Vancouver retained its #12 spot, Ottawa jumped 5 spots to #14, while Montreal dropped 3 spots to #16 and Calgary finally made it to Top 50 List as #34.
Top 25 Cities in North America For Tech Talent
Toronto added an impressive 66,900 jobs or almost 37% more tech jobs over the last 5 years. The second biggest add after San Francisco.
CBRE said that even though Toronto salary raised 11.2% over the last year, it is still much cheaper and more affordable than salaries in US cities.