Key Takeaways
- Canada’s tech sector generated CAD 164.7 billion in GDP in 2023
- In 2023, Canadian computer and electronic product manufacturing produced CAD 41.5 billion in GDP
- In 2023, Canadian information and cultural industries (including publishing industries, motion picture and video, broadcasting, telecommunications, and information services) produced CAD 64.2 billion in GDP
- In 2023, Canada’s ICT infrastructure spending by businesses was CAD 56.3 billion
- In 2023, there were 3,650 active “tech” venture-backed companies in Canada
- In 2023, there were 1,246 venture capital deals in Canada’s software sector
- In 2023, Canada’s broadband (fixed) subscriptions were 15.6 million
- In 2023, Canada’s postsecondary graduation rate was 63.0% for adults aged 25–64
- In 2022, Canada produced 76,000 computer science-related graduates
- In 2023, Canada’s information security risk management maturity (cybersecurity) showed 73% of businesses had a cybersecurity plan
- In 2023, 49% of Canadian businesses used multi-factor authentication for accounts
- In 2022, 61% of Canadian businesses conducted vulnerability assessments
- In 2023, Canada’s fixed broadband adoption (households with internet) was 93%
- In 2023, 24% of Canadian households had fiber-to-the-premises subscriptions
- In 2023, average download speeds in Canada were 127 Mbps
In 2023, Canada’s tech sector grew to CAD 164.7B GDP, with record venture activity and ICT hiring.
Economic Impact
Economic Impact Interpretation
Startups & VC
Startups & VC Interpretation
Talent & Education
Talent & Education Interpretation
Policy, Regulation & Cybersecurity
Policy, Regulation & Cybersecurity Interpretation
Networks, Infrastructure & Technology Use
Networks, Infrastructure & Technology Use Interpretation
How We Rate Confidence
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Ryan Townsend. (2026, February 13). Canadian Tech Industry Statistics. Gitnux. https://gitnux.org/canadian-tech-industry-statistics
Ryan Townsend. "Canadian Tech Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/canadian-tech-industry-statistics.
Ryan Townsend. 2026. "Canadian Tech Industry Statistics." Gitnux. https://gitnux.org/canadian-tech-industry-statistics.
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