Toronto’s Tech Industry Is Quietly Booming – The New York Times

Toronto’s Tech Industry Is Quietly Booming – The New York Times

“That is now A spot to make An prolonged-time period guess — To assemble connections with the cluster Of schools Inside The world and create A mannequin new pipeline for hiring,” said Tristan Jung, a Korean-born pc scientist who grew up in Toronto, spent six yrs working at Twitter’s headquarters in San Francisco and recently persuaded The agency To assemble an engineering hub again house in Canada.

Over the previous yr, Twitter employed Greater than 100 engineers in Toronto, tripling its Canadian work strain. Household internet names like DoorDash, eBay and Pinterest assembleed comparable know-how hubs Inside The metropolis, as did rising synthetic intelligence corporations like Cerebras, Groq and Recursion Prescription medicine.

This nook of Canada consists of two universities acknowledged for producing prime researchers and engineers: the College of Toronto, A quick stroll from dpersonalmetropolis, and the College of Waterloo, Mr. Jung’s alma mater, roughly an hour away by automotive or practice. Prior to now, a lot of this expertise migrated to America. However engineers and pc scientists educated in and round Toronto more and more are staying put.

Or, like Mr. Jung, They’re shifting again house after yrs in America.

In Toronto, U.S.-based mostly corporations Can additionally velocity the arrival Of latest tech expertise from completely different nations — a expertise stream that has prolonged been the lifeblood of the American tech enterprise. As a Outcome of the U.S. immigration system slowed and sputtered beneath the Trump administration, Canada launched packages meant to convey expert staff Proper into a rustic that is already unusually numerous. Almost 50 % of Toronto’s residents have been …….

Source: https://www.nytimes.com/2022/03/21/technology/toronto-tech-boom.html