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Toronto has often been recognized as a leading city for technology in North America. Over the last two years we’ve been experiencing a resurge into the industry. Just about ever sector of the technology industry has seen growth, wireless, blogs, broadband and many more. Here are a few thoughts that I’ve together that makes Toronto a major player in the technology industry.

1. Diversity - Toronto is known as the most diverse city in North America - this gives us an international talent pool to draw from & ability to tap into global markets
2. Education - University of Toronto’s world-class school of engineering program, along with other top schools such as Seneca College & Centennial College
3. Internet Access - Canada has a 77% broadband penetration allowing consumers to take advantage of video and online services; Toronto Hydro plans to offer wireless throughout downtown Toronto (Internet everywhere)
4. Community - centers for excellence such as MaRS & Innovation Synergy Center in Markham
5. Access to funds - Toronto Venture Group (TVG) which brings investment ready-entrepreneurs with presentation opportunities to qualified investors the home all the major Canadian banks,
6. Cluster - as a whole, Toronto represents 3300 firms & 148,00 employees, annual sales are estimated greater $30 billion, exports of $6 billion , 3rd largest ICT sector in North America, behind San Francisco & New York, head office to such companies as Rogers, ATI Technologies, Hummingbird, Workbrain, Minacs
7. Community - numerous industry associations and vertical specific associations, Toronto BarCamp
8. Geography - located hours away from numerous major US cities, it makes for quick business trips a breeze
9. Government support - ICT Toronto and initiative supported by all 3 levels of government with a visions to help the city become “among the top 2 locations in North America and the top 5 in the world for ICT companies”
10. Innovation - many of the great technology products and services are created right here in Toronto from such companies as Nortel & Celestica

Did I miss anything, what else makes Toronto a major city for technology?

Categories: Technology News
Tags: ATI, Nortel, Rogers, Toronto, Toronto BarCamp