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Canada Plans to Build World Class Technology Sector

March 2016, 31
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The technology entrepreneurs of Canada know the value of building foreign ties as numbers of such firms are choosing to base their firms in Canada.  Many Silicon Valley firms and their investors are making a note of best technology hubs apart from the US as best places to hire the talent and setting up their satellite operations.

Currently the newly elected Prime Minister of Canada Justin Trudeau has invited the international technology firms for building a top-notch technology sector.

Canada will get recognized when its high skilled employees who do job for the big multinational companies are assigned abroad and then return home for applying their obtained foreign experience. Foreign technology companies who start its operation in Canada could pull the skills of highly trained employees.  Such companies in turn can provide Canada with its invaluable experience on how world changing technology firms are built and managed.

Technology firms in Canada have hired many high skilled individuals and had put millions of dollars in the economy of the country.  Overseas technology investment could feed domestic ecosystem.  In the cities like Montreal, Vancouver and Toronto, firms like Shopify, Hootsuite, D2L, Vidyard and Influitive are flourishing along foreign technology giants.

Canadian PM was present at the launch of Google’s latest Kitchener-Waterloo engineering office. Previously that day, the PM had also visited office of BlackBerry and Waterloo University, bringing to light the positive effect of the presence of Google for the local technology community.

Apart from creating employment prospects for the people of Canada, Google has worked with firms for setting up country’s first Google for Entrepreneur hub. It is the perfect example of how foreign firms are breathing fresh life in the ecosystem of Canada. 

With the increase of technology jobs in Canada, future generations would gain enormously from the technology sector of the country.

In fact, by the year 2019, in Canada there would be around 1,82,000 high paying technology jobs to grab. Firms who seek to hire temporary overseas employees in tech sector should be able to recruit, train and retain its employees.

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