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Who Just Beat the Bay Area in Tech Jobs? Toronto

  • Faster growth than in San Francisco, Seattle and D.C. combined
  • CBRE ranks Canada’s biggest city over NYC in broad tech allure
Canada's Household Debt-to-Income Ratio Posts Record Decline
Photographer: James MacDonald/Bloomberg

Toronto’s tech scene is so hot the city created more jobs than the San Francisco Bay area, Seattle and Washington, D.C., combined last year, while leapfrogging New York in a ranking of “talent markets.”

Toronto was the fastest-growing tech-jobs market in 2017, according to CBRE Group Inc.’s latest annual survey, released Tuesday. The city saw 28,900 tech jobs created, 14 percent more than in 2016, for a total of more than 241,000 workers, up 52 percent over the past five years, CBRE said. Downtown, tech accounted for more than a third of demand for office space.