Print this Page Bookmark and Share

Technology Sector

The technology sector in Toronto is the largest in Canada, and 3rd largest in North America, behind only San Francisco and New York. Canada's technology companies are the country's largest investors in R&D, averaging $5.7 billion annually, with over $640 million invested in software alone.

Of the top 250 Canadian technology companies, 40% are based in Toronto (Branham 300, 2014). Over 168,000 people are employed at more than 15,000 technology companies generating approximate annual revenues of $52 billion.

Featured Videos


Selling Ontario as media central
Produced by: Ontario Media Development Corporation 2011

A new commercial produced for the Ontario Media Development Corporation showcases the province as a multimedia mecca.


Toronto's Faces of Innovation
Produced by: MaRS 2010

Toronto is the largest most dynamic hub of Information Communications and Tech (ICT) focused businesses in Canada. With over 11500 firms Toronto has a rich technology ecosystem with remarkable breadth and depth that thrives on rapid innovation and collaboration across diverse sectors.

Featured Reports


Toronto: Canada's ICT Hub

Produced by: City Of Toronto

This discussion paper has been prepared to provide participants at Technicity 2010 with a brief overview of Toronto’s ICT sector. It attempts to capture the salient characteristics of an industry that continues to re-invent itself.

More than 57% of technology professionals in the Toronto region are below the age of 45 (Labour Force Survey, 2013). The sector reflects a highly educated work force, with more than half having achieved a bachelor's degree or higher levels of education.

Further, the Toronto region offers technology organizations the tools they need to succeed, including industry associations, start-up accelerator centres, and a strong culture of innovation and entrepreneurship that fosters a close-knit community.

Toronto has a vibrant web start-up scene and growing mobile application development community. Google recently opened offices on Richmond Street, in the heart of the downtown core, showing a commitment to Toronto's technology sector.

The community is reinforced largely through highly connected social networks. The city is a perennial front-runner in social-network rankings, most recently coming in 6th worldwide for Twitter users.

Employment in the sub-sectors of the interactive digital media industry in Ontario.
The tables lists a variety of organizations and agencies in Ontario that support innovation in the ICT sector.
Summary statistics of the interactive digital media industry in Ontario and Canada.
The concentration of Canada's 250 largest ICT companies that are headquartered in the Toronto region.
report
CANADA’S HIGH-TECH HUB
As one of the world’s leading ICT and media hubs, Toronto has a rich technology ecosystem with remarkable breadth and depth. Located in a major urban centre, Toronto’s ICT sector thrives on the rapid innovation and introduction of new chnologies that stem from collaboration with a diverse range of sectors – for example, healthcare, education, social, cleantech, media and entertainment. The City’s ICT sector is constantly evolving with impressive growth being driven by a wide array of segments such as cloud computing, mobile platforms and applications
Year: 2010
Categories: Business Toronto, Information and Communications Technology
report
Canada's High-Tech Hub: Toronto
This discussion paper has been prepared to provide participants at Technicity 2010
with a brief overview of Toronto’s ICT sector. It attempts to capture the salient
characteristics of an industry that continues to re-invent itself.
Year: 2010
Categories: Business Environment, Information and Communications Technology
report
Funding Programs, Awards and Prizes Available to Ontario Technology Companies
Document is a compilation of federal and provincial funding sources, both private and public that apply to companies in the Technology Sector.
Year: N/A
Categories: Information and Communications Technology
report
Global Information Technology Report
Demonstrates role of ICT as it dramatically transforms the world, enables innovation and productivity increases, connects people and communities, and improves standards of living and opportunities across the globe.
Year: 2010-2011
Categories: Information and Communications Technology
report
Obtaining Patent Protection in Canada
Introduction to the Canadian patent system.
Year: 2009
Categories: Green Energy, ICT (Information and Communications Technology), Life Science, Talent
Top of page