The tech industry in Quebec
Greater Montreal’s technology sector is a source of pride for the city’s residents. Montreal is a digital metropolis.
It is often considered the video game capital of North America. The city hosts three digital festivals, is home to a number of specialized cultural facilities, and outstrips the rest of Canada in smartphone penetration and social media use.
A pillar of Quebec’s economy, technology is a strategic industry that is essential to Quebec’s short-, medium-, and long-term economic development. The tech industry alone represents 5 percent of Quebec’s GDP, or $1 for every $20 of the province’s wealth. All signs indicate that this figure is set to rise in the coming years, as the technology industry is growing at twice the rate of Quebec’s economy.
Key figures from Quebec’s tech industry
143,000 jobs created by the tech industry in Qubec in 2018
* According to the White Paper of Quebec Technologies
An annual growth rate of 2.6% vs. 1.5% for the average economic growth rate
(for the entire Quebec's economy from 2008 to 2018)
International exports totalling $8.1 billion
7,830 companies in technology in Quebec
Average annual salary of $53,700 for tech professionals
5% of Quebec’s total GDP in 2018
Over 100,000 technology professionals working in other industries (e.g., civil service, finance, insurance)
400 international firms
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