High-growth companies across Canada continue to create employment opportunities for technology workers at home
January 10th, 2022 | Tech Talent | MNI | #SalaryReview
According to a recent Tech Talent Report, in 2021, Toronto took the crown as North America’s fastest-growing technology market. At the same time, Vancouver and Montreal placed 3rd and 6th respectable, which is super exciting for Canadian students looking to enter a career in the evolving tech space. As high-growth companies based in Canada continue to grow and foster, they create fantastic employment opportunities for the next generation of students.
The only hiccup; Canada’s Talent Shortage. Per the recent 2021 Talent Shortage Survey, 48% of Canadian employers report difficulty filling jobs, the highest number in at least ten years. But students shouldn’t fret, as this means most will graduate into an economy hungry for skilled workers.
Below is a list of companies Tech Talent Canada has identified as employers they believe will continue growing and hiring. As per our nature, MNI took a look at the list and analyzed the publicly available wage data for the companies and ranked them based on average hourly intern salary. Shopify, Rivian, and IMB took the top three places. Figure 1
Figure 1: Top 11 Tech Companies looking for Canadian Talent, ranked by wage
Source: Tech Talent, Glassdoor, MNI
As we know, a high salary is not the only indicator of a good internship. To account for the intangibles, the folks at MNI normalized wages by the company ratings and re-ran the numbers. As show by the chart below, the ordering varied slightly, with most companies moving up or down a spot. Figure 2
Figure 2: Tech Companies looking for Canadian Talent, ranked by normalized wage
Source: Tech Talent, Glassdoor, MNI
See the list below for more information on these companies
Calgary-headquartered Benevity hired Shopify’s ex VP of Talent in 2021 to manage the company’s plans to add 300 people by year end across several high-profile technology, product and client success roles. They’re counting on her experience to help the company scale a hybrid workforce while ensuring that it retains its highly engaged and unique culture. Check out their open roles.
Vancouver-headquartered Clio raised a huge Series E financing round in 2021 valuing it at USD $1.6 billion. The newfound unicorn promised a substantial uptick in headcount, directing some of its fresh funding toward bolstering its workforce. The legal practice management platform had plans to hire more than 250 employees, increasing total employees by roughly 40% in a single year. Check out their open roles.
San Francisco-based digital currency exchange Coinbase opened a Canadian office in 2021. As part of the international expansion announcement, Coinbase further committed to being a remote-first company, which means that new hires in Canada and elsewhere will have the option to work anywhere in their country of hire. Check out the opportunities at Coinbase in Canada.
IBM is growing across Canada. In June IBM announced it would be merging four Toronto-based offices into a single flexible workspace to accommodate new employees who will fill 500 job openings in the Greater Toronto Area. Earlier this month IBM Canada announced a new agreement that would bring 350 new, highly skilled jobs focused on AI and hybrid cloud to Nova Scotia. Check out their open roles.
Microsoft announced the creation of a new Data Innovation Centre of Excellence in downtown Toronto with increased local technical talent. Microsoft also announced the addition of a new Azure Edge Zone in Western Canada, further increasing their significant cloud footprint in Canada, and the addition of 500 local technical jobs. Check out their open roles.
Neo Financial was the recipient of a $1.6 million grant from the Province of Manitoba through its Industry Expansion program. The program will support skills training for 300 new employees at Neo’s Winnipeg headquarters. Following their recent $64 million Series B funding announcement, Neo has continued to accelerate its development of new products and strategic partnerships. Check out their open roles.
Oakville’s Prodigy Education rebranded and raised a $159 million Series B funding round led by TPG Growth. The investment is one of the largest in North American EdTech history and represents a new era for Prodigy. With meaningful capital to further accelerate the company’s growth and value for its global user base, Prodigy has plans to hire 400. Check out their open roles.
The electric vehicle startup is now a publicly traded company after executing one of the biggest initial public offerings in history. But did you know that Rivian just celebrated the one-year anniversary of it’s software engineering office in Vancouver? Located in an old Mini dealership, Rivian has stealthily built up its workforce to 75 people and is aggressively hiring in Vancouver. Check out their open roles.
Scotiabank has established regional hubs in the key markets of Ottawa and Vancouver and is actively recruiting for leading digital and technology roles, including architects, engineers, cyber security professionals, software developers, mobile developers and digital designers. In 2017 Scotiabank opened its Digital Factory in Toronto’s King East neighborhood. Check out their open roles.
One year ago Shopify tapped industry veteran Cathy Polinsky as the company’s new vice president of engineering and announced plans to double the size of its engineering team in 2021. Known historically for their flexible working arrangements, the COVID-19 crisis pushed Shopify further in that direction with CEO Tobi Lutke announcing that Shopify is now ‘digital by default’. Check out their open roles.
Stripe is expanding its presence in Canada with an office in Toronto. Dual-headquartered in San Francisco and Dublin, Stripe offers payment processing software and application programming interfaces for ecommerce websites and mobile applications. Stripe is hiring for roles in engineering, product, and sales to complement their increasingly distributed engineering workforce. Check out their open roles.
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