According to the CBRE’s 2017 Scoring Canadian Tech Talent Report, Toronto is the country’s top tech talent cluster with the Ottawa, Vancouver, Montréal, and Waterloo markets rounding out the top five. The report ranks 10 Canadian cities based on comprehensive analysis of labour conditions, cost, and quality of skilled tech workers.
Toronto placed first among the country’s top tech cities on the Canadian report and 6th on the 2017 Tech Talent Report which includes U.S. markets. With more than a quarter of Canada’s total tech workforce located in Toronto, tech talent jobs comprise 8% of all jobs in the city. Between 2011 and 2016 Toronto’s tech talent workforce grew approximately 31.8%, a marked increase compared to 4.5% job growth in non-tech industries.
While the Waterloo region may have ranked fifth overall, it has seen a staggering 65.6% increase in tech talent between 2011 and 2016 – the largest of any Canadian market. CBRE highlighted momentum from 2014 to 2016 in the visual below to demonstrate growth within top performing regions.
Investment in technology-focused educational initiatives and economic development have contributed to the Kitchener-Cambridge-Waterloo region’s tech growth and is one of the reasons Greybrook targeted the region for investment.
On December 20th, Greybrook successfully closed on a $42,000,000 investment completed by its managed issuer. The funds will be used to acquire and oversee the development of a prime parcel of land located at the intersection of Warden Avenue &…
Greybrook is proud to share our support towards the revitalization of The City of Cambridge’s Preston Memorial Auditorium. This contribution will play a crucial role in the ongoing renovation and expansion of the recreational facility, which will continue to serve…
This past fall, the 5th Annual Velo Blu charity ride for Blu Genes took place, bringing together over 140 participants and raising more than $400,000 for gene therapy research. Set at Peller Estates Winery, this unforgettable event highlighted the power of community…
Since its launch last October, the low-rise, master-planned community—developed in partnership with Tribute Communities—has continued to attract interest from prospective buyers eager to experience the small-town charm of Lindsay. Now, with the grand opening of the showhomes, buyers have the…
The rise of artificial intelligence (AI) and the increasing adoption of technology across industries has led organizations to explore new ways to transform and streamline operations to stay competitive. As a result, the demand for tech talent has surged, often…
One of the most common questions we hear from investors is: How do we determine where to invest, especially as markets evolve? In today’s dynamic real estate landscape, making sound investment decisions requires a disciplined and selective approach. During a…
We’re excited to share the highlights from Inside Track 2024, our annual investor event that offers industry-leading insights and engaging discussions on the future of real estate and the broader economy. This year, attendees had the opportunity to hear from…
Greybrook and our partners PMG, are pleased to announce that pre-leasing has commenced for Society Atlanta. Located at 811 Peachtree St. NE, Society Atlanta is a 31-story tower featuring 460 rental apartments, over 87,000 square feet of office space and…
We recently had the opportunity to fly over our Archetto Towns project in Woodbridge, offering a new perspective of our 91 townhomes low-rise community. Standing out against the eye-catching backdrop of vibrant fall foliage, this exclusive collection of contemporary townhomes,…
We are thrilled to announce that our Artistry Condos high-rise development in Toronto’s vibrant Grange Park community has reached a significant milestone with the successful topping-off of the building. This achievement marks the completion of the structural formwork at its…
