Let’s Fund Canadian Innovation for Canadians

Employment in the Technology and ICT Sector in Canada (2024)

Employment in the Technology and ICT Sector in Canada

Canada’s tech sector powers 1.8M jobs, pays 50% more than average, and grows 2.5x faster than the economy

Let’s fuel it with Flow-Through Shares and give Canadians a direct stake in our future.  CanFlowthrough.com

  1. ICT Sector Employment (Narrow definition: hardware, software, telecom, IT services)
    • According to Innovation, Science and Economic Development Canada (ISED) and ICTC (Information and Communications Technology Council) Canada,
    • ~720,000 people were directly employed in the ICT sector in Canada in 2023–2024.
    • Source: ISED “Canada’s ICT Sector Profile 2023” and ICTC “Digital Talent Outlook 2025”.
  2. Broader Tech Sector (including cleantech, life sciences, advanced manufacturing, AI, fintech, etc.)
    • Estimates expand to ~1.8 million people, or about 8.6% of total Canadian employment.
    • This includes:
      • ICT core roles
      • Technology-adjacent sectors (like digital media, advanced manufacturing tech, biotech, clean energy tech)
      • Non-technical roles within tech companies (sales, marketing, HR in tech firms).
    • Source: Brookfield Institute for Innovation + Entrepreneurship — “The State of Canada’s Tech Sector 2023”; ICTC “Canada’s Growth Currency: Digital Talent Outlook 2025”.
  3. Growth Rate
    • The tech sector is growing its employment base at roughly 2.5x the pace of the overall economy.
    • Between 2019 and 2023, tech employment grew by about 18%, while overall employment grew by ~7%.
    • Source: ICTC and Statistics Canada Labour Force Survey (custom tabulations for tech employment categories).
  4. Geographic Distribution
    • Tech jobs are concentrated, but not exclusive to big cities:
      • Toronto: ~400,000
      • Montreal: ~250,000
      • Vancouver: ~150,000
      • Ottawa: ~75,000
      • Growing clusters: Waterloo, Calgary, Halifax, Quebec City, Winnipeg
    • Source: Brookfield Institute, “Canada’s Tech Sector Snapshot 2023”.
  5. Wage Premium
    • The tech sector pays a significant wage premium:
      • Average ICT sector wage: ~$90,000–95,000 CAD/year
      • Compared to the national average of ~$59,000 CAD/year.
    • Source: Statistics Canada, Labour Force Survey 2023.

Bottom-line

“Canada’s tech sector directly employs more than 1.8 million Canadians, representing about 8.6% of the national workforce. Core ICT roles account for ~720,000 jobs, with the broader ecosystem — including cleantech, life sciences, AI, and advanced manufacturing — driving employment in every region of the country. Tech jobs pay on average 50% higher than the national median, and the sector is growing its workforce at over 2.5 times the rate of the overall economy.”

Sources: ISED Canada, ICTC Canada, Brookfield Institute, Statistics Canada 2023–2024.

Leave a Reply

Your email address will not be published. Required fields are marked *