Saturday, August 16, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > CEO Life > Travel > Canada’s ‘Silicon Valley North’ makes its mark

Canada’s ‘Silicon Valley North’ makes its mark

in CEO Life, Travel
- Canada’s ‘Silicon Valley North’ makes its mark
Share on LinkedinShare on WhatsApp

In Toronto, which is also known as Canada’s “Silicon Valley North”, there are as many as 4,100 active tech startups.

Many of those involved may scoff at the label, yet a combination of lower living costs, immigrant and tech-friendly public policies, and a plethora of local and international talent are gaining Toronto, the fourth-largest city in the Americas, a reputation as Canada’s “Silicon Valley North.”

According to a recent report by Tech Toronto, there are currently as many as 4,100 active tech startups in the city, while the Canadian Venture Capital & Private Equity Association states that in 2016, Canadian startups raised a record $2 billion in venture capital, a 15 percent increase on the previous year.

While there are likewise burgeoning tech industries in Ottawa and Vancouver, there are several reasons why Toronto, in particular, is thriving.

Beyond the forward-thinking venture capital community, which includes Fidelity Investments Canada, The Amazon Alexa Fund and Intel Capital among its big names, the city is home to the Canadian offices of both Google and Facebook, which act as anchors for the industry, developing talent and then setting it free to pursue its own ambitions.

Ongoing success stories include Shopify, an ecommerce platform that enables clients to set up an online store; Hootsuite, a popular social media management app; and Kik, a freeware instant messaging service.

“Toronto is becoming a leader in producing world-class tech talent,” Werner Dietl, Executive VP of CBRE Canada, said recently. “It shows just how vibrant Toronto’s tech industry has become.”

Crucially, both federal and provincial governments in Canada have offered strong support for technological innovators through a variety of financial assistance programs, while with 150,000 full-time students in the Greater Toronto area, the city has an in-built talent pool on which to draw the entrepreneurs of the future.

Furthermore, with living costs somewhat cheaper than the major U.S. tech hubs, Canadian startups can hire talent for less, while Toronto’s renowned ethnic diversity and immigrant population has also been cited as a key factor in spurring fresh ideas and competition.

Just don’t call it “Silicon Valley North.” As Ameet Shah, a partner at Golden Venture Partners, a seed-stage fund in Toronto, said in an interview last year, “I think Toronto at some level really wants to be the first Toronto.”

Tags: Canada’s ‘Silicon Valley North’ makes its markSilicon Valley Northtech startupsTech TorontoToronto

Related Posts

Destination Estonia
Travel

Destination Estonia

The Joy of Bidding: Bob Ross’s Market Booms With Back-to-Back Auction Records
Art & Culture

The Joy of Bidding: Bob Ross’s Market Booms With Back-to-Back Auction Records

Unhappy With Your Company’s Health Insurance? Your Employer May Not Care.
Health

Unhappy With Your Company’s Health Insurance? Your Employer May Not Care.

The Rush to Quit Coal Is Leading Countries Into the “Gas Trap”
Environment

The Rush to Quit Coal Is Leading Countries Into the “Gas Trap”

How communities are reducing the growth of plastic litter
Environment

How communities are reducing the growth of plastic litter

The top 10 trending beach destinations to beat the end of summer heat
Travel

The top 10 trending beach destinations to beat the end of summer heat

Who is Trump’s White House architect James McCrery?
Art & Culture

Who is Trump’s White House architect James McCrery?

Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity
Health

Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity

Louisiana scraps coastal erosion project designed to rebuild the state’s wetlands
Environment

Louisiana scraps coastal erosion project designed to rebuild the state’s wetlands

Should you be worried about the ‘Insect Apocalypse’?
Environment

Should you be worried about the ‘Insect Apocalypse’?

No Result
View All Result

Recent Posts

  • Retail sales climb 0.5% in July
  • Applied Materials issues weak forecast amid trade concerns
  • Destination Estonia
  • The Joy of Bidding: Bob Ross’s Market Booms With Back-to-Back Auction Records
  • Unhappy With Your Company’s Health Insurance? Your Employer May Not Care.

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.