BC – The latest figures from BC Stats confirm jobs and wages in B.C’s technology sector hit the highest levels ever recorded as B.C.’s technology industry continues to grow and thrive.
The sector employs 92,700 people earning a weekly average salary of $1,580 – 75% higher than the average wage in B.C., and higher than the Canadian technology sector average of $1,340/week. The sector employs 4.6% of B.C.’s workforce, more than the mining, oil and gas, and forestry sectors combined – and one of the largest tech sectors in Canada.
BC Stats’ Profile of the British Columbia Technology Sector: 2015 Edition, shows B.C.’s technology sector remains a top provincial performer; growing faster than the overall economy. According to the report, it grew at a rate of 3.3% in 2014, higher than the 2.9% growth observed in the provincial economy.
The new stats underscore B.C.’s supportive business environment and internationally recognized talent pool as an important part of the #BCTECH Strategy to grow B.C.’s tech sector, create jobs and attract significant venture capital.
The #BCTECH Strategy is a key component of the BC Jobs Plan to support the growth of B.C.’s vibrant technology sector and strengthen British Columbia’s diverse knowledge-based economy. The multi-year strategy includes a $100-million BC Tech Fund and initiatives to increase talent development and market access for tech companies that will drive innovation and job creation throughout the province.
In partnership with the BC Innovation Council, the province is hosting B.C.’s second #BCTECH Summit, March 14-15, 2017, with made-in-B.C. tech innovations, thought-provoking keynotes and outstanding networking opportunities. To register or learn more, please visit the following link.