{"id":6141,"date":"2013-02-24T09:54:09","date_gmt":"2013-02-24T14:54:09","guid":{"rendered":"http:\/\/mhgoldberg.com\/blog\/?p=6141"},"modified":"2013-02-24T10:18:26","modified_gmt":"2013-02-24T15:18:26","slug":"canadas-booming-ict-sector","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=6141","title":{"rendered":"Canada’s booming ICT sector"},"content":{"rendered":"

A press release this morning<\/a> from the office of Industry Minister Christian Paradis encapsulates some important data about Canada’s information and communications technology sector:<\/p>\n

Canada is a leader in wireless telecommunications equipment, mobile and gaming software development, and business analytics. It is home to a quarter of North America’s fastest-growing wireless companies and six internationally competitive ICT regional clusters. In 2011, the sector comprised 33,500 firms that contributed $62.7 billion to our GDP (4.9 percent), had over $168 billion in revenues and employed more than 550,000 people, representing 3.2 percent of national employment. In 2011, the ICT sector performed 34 percent of all private sector R&D and, since 2002, has grown by 39 percent compared to the national average of 18 percent.<\/p><\/blockquote>\n

Catch that? A third of all of Canada’s private sector research and development is performed by 3.2% of national\u00a0employment. Punching 10 times above its weight.<\/p>\n

The sector has grown by more than double the national average.<\/p>\n

The sector is contributing 50% more to the national GDP than its share of national employment.<\/p>\n

The Industry Minister is heading to Mobile World Congress<\/a> in Barcelona to spread the word about investment opportunities Canada this week. Hopefully, he will mention that the leadership of Canada’s ICT sector will be gathering in Toronto in June at The 2013 Canadian Telecom Summit<\/a>.<\/p>\n

Keynote addresses from a dozen industry thought leaders. More than 60 industry leaders participating on panels exploring:<\/p>\n