Local Tech Hits New High

Local tech is a growing sector according to VIATEC's new economic impact study.

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The tech sector has a total economic impact of $5.22 billion and 16,775 employees, according to VIATEC’s recent “Economic Impact Study of the Technology Sector in Greater Victoria.” The study, which surveyed local technology companies through independent researcher Alan Chaffe (senior economics lecturer at the University of Victoria), shows a growth of 30 per cent since the last study was released in 2013.

955 Tech firms in the region

16,775 Tech employees in the region

5.22 Billion Total annual economic impact on the region

Source: Economic Impact of the Technology Sector in Greater Victoria, VIATEC, 2018

This article is from the December/January 2019 issue of Douglas.