SaaS Innovation Hub

The second biggest tech cluster in the world after Silicon Valley. Ontario leads Canada's SaaS revolution with $48.3B annual contribution to IT sector GDP.

Canadian Excellence

Canadian SaaS Leadership

Home to leading IoT companies: ATS Automation Tooling Systems, Teledyne Dalsa, and Prodomax

Industry Leadership

Largest SaaS sector in Canada
48% of Canadian IT workers are here
Second biggest tech cluster globally
First country to adopt national AI strategy
63,500 annual STEM graduates

Industry Statistics

Annual IT Sector GDP:$48.3B
Canadian IT Workers:48%
Annual STEM Graduates:63,500
Global Tech Job Ranking:#4 Toronto
Recent Developments

Strategic Investments & SaaS Advancements

Latest developments driving Ontario's SaaS ecosystem through innovation and strategic partnerships.

Smart Cities Initiative

The province is actively investing in the development of Smart Cities with three tech hubs in Ontario: Toronto, Kitchener, and Mississauga are working to make the concept a reality through innovative SaaS solutions.

IoT Industry Leadership

Ontario is very well positioned to take advantage of leading IoT companies based in the province, including ATS Automation Tooling Systems, Teledyne Dalsa, and Prodomax, driving SaaS innovation in industrial sectors.

National AI Strategy

As the first country in the world to adopt a national AI strategy, Canada has positioned Ontario as the global leader in AI-powered SaaS solutions, attracting international investment and talent.

Why Choose Ontario

Ontario For SaaS

Dynamic tech ecosystem, world-class talent, and major industry investments make Ontario the SaaS hub of choice.

Economic Impact

$48.3B Annual GDP
Contribution to IT sector
48% IT Workers
Of all Canadian IT professionals
Second Biggest Tech Cluster
Globally after Silicon Valley

Industry Leadership

Largest SaaS Sector
Leading Canada in SaaS innovation
Leading IoT Companies
ATS, Teledyne Dalsa, Prodomax
63,500 STEM Graduates
Annual talent pipeline
Regional Excellence

Ontario's SaaS Regional Strengths

Strategic SaaS hubs across Ontario driving technology innovation and business excellence.

Toronto

Toronto has a rich mix of skilled professionals and a strong focus on research and development. As Canada's most expensive tech hub, the city boasts 24,000 tech enterprises and a workforce of upwards of 289,000 in the technology sector.

Waterloo Region

Waterloo Region boasts a nearly double survival rate for first-year information and communications technology (ICT) startups compared to the global industry average. Among the G-7, it has the most favourable R&D tax and corporate investment tax rates.

Mississauga

Mississauga is strategically positioned within the Toronto-Waterloo Technology Corridor, marking it as a central hub within North America's second largest ICT cluster. The city is home to renowned companies such as SO1, IMAX, and PointClickCare. It ranks #3 in tech talent in North America.

Education & Research

Talent Development and Academic Excellence

World-class educational infrastructure and research capabilities supporting SaaS innovation.

Educational Infrastructure

Ontario houses world-renowned universities with leading technology and business programs, producing 63,500 STEM graduates annually to fuel the SaaS industry.

University of Toronto

Leading research in computer science and business technology, with strong partnerships with major SaaS companies and startups.

University of Waterloo

Home to the world's largest co-operative education program, providing direct talent pipeline to the SaaS industry with practical experience.

Research Excellence

63,500
Annual STEM Graduates
48%
Of Canadian IT Workers
24,000
Tech Enterprises in Toronto
#4
Global Tech Job Creation
Global Reach

Unparalleled Market Access

Strategic location and comprehensive trade agreements providing access to global SaaS markets.

Global Trade Agreements

Canada's trade agreements cover markets valued at over US $50 trillion with 1.7 billion consumers. Canada has free trade agreements with the largest manufacturing markets in the world: the United States (USMCA), the European Union (CETA) and Asia Pacific (CPTPP).

USMCA: United States market access
CETA: European Union market access
CPTPP: Comprehensive and Progressive Trans-Pacific Partnership

Strategic Location

Your business can access 187 million consumers within a day's drive of the Greater Toronto Area. Ontario has 4 international and 300 regional airports, 250,000 km of roads and highways, a dozen border crossings and the 6th most internationally connected airport in the world.

187M
Consumers within day's drive
6th
Most internationally connected airport
Industry Facts

Ontario's SaaS Industry Facts

1st
Largest SaaS sector in Canada
48%
Of Canadian IT workers are here
$48.3B
In annual contribution to IT sector GDP
1st
Country in the world to adopt a national AI strategy
#4
In the world for tech job creation goes to Toronto
63,500
Annual STEM graduates

Ready to Scale Your SaaS Innovation?

Join Ontario's world-leading SaaS ecosystem and leverage cutting-edge infrastructure, talent, and market access to scale your software innovation.

Free consultation • No commitment required • Personalized feedback