The city added 81,000 new tech jobs, a growth rate of 54 per cent over the past five years, according to a report from real estate brokerage CBRE. Vancouver was the fifth-fastest-growing city in North America at 42.6 per cent. Montreal came in 29th at 14.6 per cent. Ottawa was the only other Canadian city to make the list, in 49th place, as its tech workforce declined 5.3 per cent. (The Logic)

Talking point: At current growth rates, Toronto is on track to have a bigger tech workforce than both Washington, D.C. and New York in the next five years. That would put Toronto behind only San Francisco in the continent. Though Toronto added the most jobs by far, Vancouver improved the most overall in this year’s rankings, which includes 13 metrics such as labor cost and office rents. The city went up a dozen spots to 12th, partially due to the strength of startups coming out of the University of British Columbia, which has generated 186 companies that have raised US$1.7 billion combined. Toronto came in third overall, driven by high job growth and a number of deals for large amounts of office space signed by major firms like OpenText, Shopify and Microsoft. Despite Ottawa’s overall labour-force decline, it had the second-highest concentration of tech workers in North America.