IT Job Market in Canada

Canadian Corporate Life

Cana­da has become one of the top coun­tries glob­al­ly, attract­ing immi­grants in recent years. Not only does the coun­try enact favourable poli­cies, it is also one of the biggest economies in the world. The IT job mar­ket is at the dri­ving seat of the econ­o­my.  More­over, it boasts a boom­ing tech­no­log­i­cal land­scape with pro­gram­ming and soft­ware devel­op­ment skills in top demand.

Com­pa­nies and indus­tries in oth­er sec­tors are drift­ing into a more dig­i­tal­ized world, pro­pelling new­er tech­no­log­i­cal changes. The IT sec­tor is rapid­ly expand­ing to sat­is­fy this need for tech­no­log­i­cal tools. Tech jobs con­tin­ue to demand. This sec­tor requires skills in front end, back­end, full-stack, IT ana­lyst, design­ing, cloud, Microsoft, AWS, Google Cloud Plat­form etc.


In Cana­da, the IT sec­tor is a grow­ing indus­try with about 37,000 com­pa­nies and rev­enue gen­er­a­tion of 160 bil­lion CAD. In 2021, tech firms gained over 14 bil­lion in invest­ment, sur­pass­ing the dot-com boom record. This cap­i­tal invest­ment great­ly expand­ed the indus­try, with IT firms gain­ing over 700 deals.

After expe­ri­enc­ing a slight decline in avail­able jobs in 2019, the IT job mar­ket in Cana­da is expect­ed to increase mas­sive­ly. The Cana­di­an IT mar­ket com­pris­es a work­force in indus­try and occupation.

Cana­da is adopt­ing emerg­ing tech­nolo­gies like Arti­fi­cial Intel­li­gence, Data Ana­lyt­ics, Cyber­se­cu­ri­ty and Cloud ser­vices. This puts it in a van­tage posi­tion to ben­e­fit from the tech­no­log­i­cal boom. With Ontario and Que­bec as lead­ing tech provinces, the indus­try con­tin­ues to expand, account­ing for approx­i­mate­ly 5.3% of direct eco­nom­ic val­ue. Inter­est­ing­ly, just before the pan­dem­ic, Toron­to cre­at­ed more tech jobs than Wash­ing­ton DC and San Fran­cis­co. Cur­rent­ly, it is ranked high­er than New York.


The progress of the IT indus­try in Cana­da has been heav­i­ly reliant on tal­ent acqui­si­tion. Besides, the coun­try has set up immi­gra­tion pro­grams that encour­age recruit­ment of IT pro­fes­sion­als. Aside from the Unit­ed States, the coun­try boasts an aver­age of USD 81,000 per annum for IT jobs. This annu­al take home is one of the high­est in the world.

IT workspace

Many IT com­pa­nies are review­ing their recruit­ment pro­ce­dures to broad­en the scope for out­liers. The Busi­ness Devel­op­ment Bank of Cana­da (BDC) pub­lished a study that pre­dict­ed a 30% shoot up in dig­i­ti­za­tion in 2023. This pre­dic­tion spells good news for IT pro­fes­sion­als. In addi­tion, IT pro­fes­sion­als can now apply with­out hav­ing tra­di­tion­al uni­ver­si­ty degrees. Although, indus­try-rec­og­nized cer­ti­fi­ca­tions are fre­quent­ly required to show competence.

The BDC report notes that the indus­try faces a high per­cent­age of short­age of work­ers. Thus, many employ­ers are active­ly seek­ing to fill these posi­tions any­where in the world. Some Exec­u­tives not­ed the scarci­ty of work­ers had dri­ven salaries by up to 30% as com­pa­nies are bat­tling to recruit the best IT professionals.


These are some inher­ent prob­lems fac­ing the Cana­di­an tech com­pa­nies and could be why Amer­i­can tech giants best the Cana­di­an ones. Accord­ing to The Globe and the Mail, remu­ner­a­tion is one part as Amer­i­can com­pa­nies pay close to 20% high­er than Cana­di­an com­pa­nies. Also, The Cana­di­an sys­tem does not entire­ly ben­e­fit local tal­ent. With politi­cians refer­ring to the indus­try as hav­ing cheap Cana­di­an labour, they have allowed for the pres­ence of more Amer­i­can com­pa­nies that val­ue merg­ers or acqui­si­tions over innovation.

Many fresh grad­u­ates plunged into the mar­ket favour work­ing for US firms which now encour­age remote work. This is ben­e­fi­cial for IT pro­fes­sion­als, but the indus­try is cur­rent­ly in cri­sis. Cana­di­an IT pro­fes­sion­als are con­sis­tent­ly poached by US firms and oth­er domes­tic organ­i­sa­tions that offer high­er wages. The increase in vacan­cies comes with the pres­sure to match the salaries offered by US com­pa­nies. In some cas­es, Cana­di­an IT pro­fes­sion­als take up offers of up to USD 40,000 high­er, spelling bad news for local com­pa­nies. Thus, Cana­di­an tech exec­u­tives are hav­ing a hard time retain­ing their best talents.

If domes­tic com­pa­nies can­not attract the best IT pro­fes­sion­als, sus­tain­ing an ambi­tious growth plan will not be easy. It will require more flex­i­bil­i­ty and inno­v­a­tive ideas to grow the sec­tor. Because labour is one of a company’s high­est run­ning costs, com­pen­sat­ing for this would back­fire if the rev­enue gen­er­a­tion doesn’t cor­re­late with lofty growth expectations.

The rise in job post­ings and the increase in salaries puts Cana­da as a good hub for IT pro­fes­sion­als. You can take advan­tage of it by learn­ing more about our career con­sult­ing ser­vices when you sched­ule an appoint­ment with us. We can help you widen your pro­fes­sion­al net­work to get into top IT firms and get you through job recruit­ment processes.

At Elite careers, we offer these career coach­ing ser­vices for entry-lev­el IT pro­fes­sion­als in Cana­da. You can har­ness our resume cre­ation ser­vices to get you started. 

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