Canada's tech sector continues to climb

September 14, 2015

As Canada’s natural resources sector continues to falter, the tech sector actually appears to help the country stay strong as the “Silicon Valley North”. Based on some key metrics, Canada’s technology sector has outperformed almost every other part of the country’s economy over the past year or two. According to the Toronto Stock Exchange, the technology and innovation sectors have grown faster than any other on the exchange since the start of 2013.

“It’s fair to say that the tech industry in Canada has never had as much promise as it has now,” says independent technology analyst Carmi Levy, “All of the ingredients are there for Canada to be a tech powerhouse, and they’re there at a much greater density than they were five or ten years ago.” 

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