Greater Montréal still one of North America’s leading high-tech hubs

According to recently released employment data, Greater Montréal continues to rank among the top 20 largest metro areas in Canada and the U.S. for the strength of its high-tech sectors (aerospace, life sciences and health technology, and information and communication technology).

In 2015, Greater Montréal ranked 6th behind Seattle, San Francisco, Boston, Washington, D.C., and San Diego but ahead of Dallas and Toronto for concentration of high-tech jobs, i.e., high-tech jobs as a share of total employment. Montréal moved up from its 2014 No. 7 spot and jumped ahead of Dallas, as high-tech jobs accounted for 7.6% of total employment in the city.

2015 highlights by high-tech sector for Greater Montréal:

Aerospace
2nd in North America for concentration of jobs behind Seattle (1.3% of total employment)
4th for number of jobs

Life sciences and health technology (LSHT)
7th for concentration of jobs (1.7% of total employment)

Information and communications technology (ICT)
8th for concentration of jobs, with 81,218 jobs (4.6% of total employment)
9th for job growth, with a 2.9% increase in 2014–2015

The data once again confirms Greater Montréal’s status as a major high-tech hub that is well positioned to benefit from the digital revolution and the technologies that are fuelling it (e.g., big data, virtual reality, visual effects, artificial intelligence, the Internet of Things).

Methodology

Using 17 NAICS codes, MI measured high-tech employment for North America’s 20 largest metro areas in the following sectors: aerospace (1 NAICS code), life sciences and health technology (5 NAICS codes), and information and communication technology (11 NAICS codes). We used U.S. Bureau of Labor Statistics data for U.S. metro areas and Statistics Canada data for Canadian metro areas.

NAICS codes used to define high-tech sectors:

Sector NAICS Code
Aerospace
3364 – Aerospace product and parts manufacturing
LSHT
3254 – Pharmaceutical and medicine manufacturing3391 – Medical equipment and supplies manufacturing
4145 – Pharmaceuticals, toiletries, cosmetics and sundries merchant wholesalers
5417 – Scientific research and development services
6215 – Medical and diagnostic laboratories
ICT
3341 – Computer and peripheral equipment manufacturing
3342 – Communications equipment manufacturing
3343 – Audio and video equipment manufacturing
3344 – Semiconductor and other electronic component manufacturing
3346 – Manufacturing and reproducing magnetic and optical media
4173 – Computer and communications equipment and supplies merchant wholesalers
5112 – Software publishers
517 – Telecommunications
518 – Internet service providers
5415 – Computer systems design and related services
8112 – Electronic and precision equipment repair and maintenance

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