Technology firms are positioned to drive Ontario’s economic recovery, fuel the creation of innovative, high-quality, well-paying jobs, and position our changing national economy for long-term success.
Ontario can be a global tech leader. We are home to a highly educated workforce, one of the most digitally connected populations on the planet. Ontario lead the nation in tech employment growth in 2018 with 36,698 new jobs.
Canada’s technology industry is expanding, surpassing many sectors along its way. Over 24,000 technology businesses employ 320 thousand Ontarians, generate $43.3 billion in annual revenue, and pay wages that are 40% higher than average private sector jobs. Double-digit growth is projected for at least the next five years.Technology innovation and adoption drives the entire economy. Technological innovations provide the solutions that governments and businesses need to meet new challenges, transform their operations, compete globally, serve citizens in innovative ways, and thrive. In the ‘new normal’, post-pandemic world in Ontario, every 1% increase in technology adoption across the economy contributes an additional $2.5 billion to GDP, and technology adoption is of
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