The annual Blue Book report, which looks at Canada’s economy as a whole, says growth in the tech industry will help Toronto drive the Ontario economy to grow at a 2 per cent clip in 2019. ( Richard Lautens / Toronto Star )The report, which is to be released publicly Tuesday morning, says there are roughly 241,000 tech industry jobs in the GTA, making this the fourth-largest tech hub in North America — and the fastest growing. But tech industry jobs aren’t as subject to the loonie’s rise and fall as jobs in the film and TV industry, where exchange rates are also a big driver. While the critical mass of talent, venture capital and education are some of the key drivers of the Toronto tech industry, one drawback is the high price of housing. A report on the Canadian tech industry last year from CBRE Research found that smaller cities were starting to close the gap.

Source: thestar February 05, 2019 09:45 UTC