According to an Article recent from The New York Times, Toronto is now “a quietly thriving technology city”.
In recent years, cities like Miami and Austin have been hailed as the next big tech hubs, but they are tiny communities compared to the tech city of Toronto.
According to the American media, the technological boom is the result of several factors that have been involved for years.
For starters, Canada’s immigration policy helps attract talent from all over the world, as opposed to the slowdown in immigration to the US.
Education is also a big factor, with the University of Toronto and the University of Waterloo known for producing researchers, engineers and computer scientists.
In addition, the Ontario government continuously invests in research programs and universities throughout the province.
“Recently Ontario passed a law which expressly prohibits companies from applying non-compete clauses in employment contracts, which encourages employees to start their own businesses,” the Times article reads.
And then there are all the American giants opening their doors and expanding their offices north of the border:
Amazon, Netflix, Google, Facebook, Microsoft, IBM, Infosys, Wayfair, Stripe, Tiktok, Reddit, Pinterest, DoorDash, and Hubspot.
With these tech giants, Canada is expected to position itself as a leading technology country.
It may interest you: The Importance of Migration in Canada
I’m Alexa, and I’m a communicologist from the National Autonomous University of Mexico. I am passionate about journalism and everything related to language and writing. Volunteering is an important part of my life and I have worked with several civil society organizations for human rights. Meet me