Canada's tech sector accounted for 7.1 pct of GDP last year
Canada's technology sector was responsible for 7.1 percent of domestic economic output last year, greater than that of the finance and insurance industry, according to a new report. The State of Canada's Tech Sector 2016, based on research from the Brookfield Institute for Innovation + Entrepreneurship at Ryerson University, said the technology sector in Canada was comprised of 71,000 companies and contributed $117 billion to gross domestic product in 2015. It was also the largest private investor in research and development, accounting for $9.1 billion in spending.
25 July 2016•4 mins read
