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.
In a recent episode of The Tom Storey Show, CEO Sasha Cucuz joined hosts Steve Karrasch and Tom Storey, to discuss the financialization of Canadian housing—an interesting topic in today’s real estate landscape. This episode delves into how the increasing…
The 5th Annual Velo Blu Pedal for Blu Genes charity ride took place on September 13th, attracting over 140 enthusiastic participants. This year’s event not only boasted an impressive turnout but also welcomed new sponsors, collectively raising more than $400,000…
The 15th Annual Constantine Yorkville Run kicked off on September 8th, raising over $561,304 for 30 Toronto charities and counting! This year’s event offered both an in-person 5K run/walk and a virtual option, allowing everyone to participate and be part…
In our latest episode of Boardroom Brief, we delve into a topic that’s recently been making waves in the news: Canada’s immigration policy. Known for its historically open immigration policies, Canada has consistently maintained some of the highest foreign-born population…
We are excited to announce that our House of Assembly high-rise development in Toronto’s west end has achieved a significant milestone with the completion of the building’s topping-off. This signifies the final stage of vertical construction for the 16-storey high-rise,…
Sales are slated to launch soon for Brooklin Vue, our development project in partnership with Treasure Hill. The upcoming new community in the historic village of Brooklin, Ontario, offers an exclusive collection of two and three-storey modern townhomes designed to…
Introducing Boardroom Brief, a series where we dive headfirst into the real estate landscape, demystifying current headlines and featuring in-depth discussions and expert insights from Greybrook. Gain an inside look at the thoughtful discussions occurring in our boardroom on relevant…
Greybrook¹ announced today the acquisition of two garden-style apartment communities consisting of 456 units situated in the Metro Atlanta area, south of Atlanta, Georgia for the purchase price of US$57,200,000. Greybrook will manage the implementation of a property enhancement program,…
Following the completion of preliminary site work, home construction has commenced at Eversley Estates, our low-rise King City community developed in partnership with Treasure Hill. Comprised of 105 luxury estate-style homes, this picturesque enclave will redefine rural elegance with classically…
It is with heavy hearts that the Executive Team at Greybrook announces the passing of our cherished founder, Elias Vamvakas, today, after a courageous battle with pancreatic cancer. Elias was 65 years old. Elias Vamvakas was a visionary leader…
