Technology taps into success

The latest figures from B.C. Stats confirm jobs and wages in B.C’s technology sector hit the highest levels ever recorded...

The latest figures from B.C. 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 per cent 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 per cent 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.

“These impressive statistics reflect the fact that companies are choosing B.C. for our commitment to nurturing tech talent, drive to expand the tech industry across multiple sub-sectors, and attractive lifestyle opportunities,” said Amrik Virk, Minister of Technology, Innovation and Citizens’ Services.

“We are committed to making sure technology is available to all British Columbians. I look forward to our continued partnership with industry leaders through our #BCTECH Strategy.”

B.C. 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 per cent in 2014, higher than the 2.9 per cent 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.