A bright future for Canada's tech sector

A bright future for Canada

The Government of Canada is investing more than CAD 6 to create jobs and grow Toronto's tech sector.

The City of Toronto and the Greater Toronto Area have one of the fastest growing tech markets in North America. A diverse talent pool and industry-leading research and development contribute to this growth. The Government of Canada recognizes that Greater Toronto's tech talent and businesses have a critical impact on the economy, creating more sustainable manufacturing and improving the digital solutions required by the industry. The country's leadership understands this, recognizing the need for investment for long-term economic growth.

Today, Filomena Tassi, the Minister responsible for the Federal Economic Development Agency for Southern Ontario, along with Julie Dzerowicz, Member of Parliament for Davenport, announced an investment of nearly CAD 6.2 million in the expansion and growth of five Toronto-based companies: