Tag Archives: it talent

Google to Hire Up To 5,000 Employees in Canada

Google has announced last week that it will be adding three times more employees than they have now in Toronto, Montreal and Waterloo – Kitchener, Ontario.

Google hopes to get the hires in within the next few years. Each location will get a new office. Kitchener is expected to have the largest number of employees hired, as many as 3,000.

Google is following the lead of Amazon, Microsoft, and Shopify – all opening new offices and increasing staff in Canada. This can definitely help persuade some Canadian engineers not to move to USA for work and stay local. On the other hand, with unemployment rate as low as 1% in IT field, this may prevent some local tech companies and startups from hiring local IT talent as salaries might increase and available tech talent decrease.

The open web allows any size company or individual creator in Canada to become a global business and reach customers. Canada’s digital economy is now bigger than its forestry, mining and gas industries, and the transition to digital reflects incredible momentum for Canadian businesses leveraging data and online technologies.

avatar

Ruth Porat

CFO, Google

Google is moving to Canada even though the Canadian government has promised to tax the revenue of advertising-driven digital giants such as Facebook and Google. However, one of Canadian newspapers, Globe and Mail, has investigated and found that the Trudeau government has sent some internal memos wanting to expand Google presence into Canada.

There will be many IT jobs to choose from such as software development, game development, sales leadership, AI research and Cloud expertise.

This new expansion from Microsoft, Shopify, Amazon, and now Google puts tremendous pressure on local tech companies in Toronto, Montreal, Vancouver and Ottawa where demand for IT talent has skyrocketed in the last 5 years.

With such a rapid hiring, we can see tech salaries in cities like Montreal , Toronto and Waterloo to grow as the tech giants compete for talent.

3 Reasons Why Toronto Tech Scene is Thriving

Toronto has been in the news a lot due to its growth when it comes to technology businesses. American and Canadian companies have been investing heavily into Toronto, for example just in one month alone, September 2018, more than $1.4 billion dollars was invested into the city.

So what drives companies to come and invest into the City of Toronto?

Tech Talent is Abound

Toronto tech scene employs over 240,000 workers. When it comes to cost and quality of tech workers in North America, Toronto comes in the lead.

Toronto is so HOT that it had more tech job growth than the US cities of San Francisco Bay area, Seattle and Washington, D.C. combined.

Immigration has been a big success as well, with over 51% of Toronto population born somewhere else. And unlike other places, Toronto nurtures and appreciates its immigrants.

Ontario and Canada has Toronto’s back

Federal and provincial governments have provided various investment into tech hubs as well as developing programs to make it easier for immigrants with the right background to come to Toronto for tech jobs as well as allows international students to stay in Canada and work right away on open work permit.

Toronto is Cheap

CBRE recently posted a study which suggests that renting office space in Toronto is a lot cheaper / pretty much half than renting the same space in New York or San Francisco.