2. About us 2
The Information and Communications Technology Council
(ICTC) is a national centre of expertise leading ICT research
and labour market intelligence, policy development, and
program management for the digital economy
Goals:
•Promoting appropriate policies and programs to support ICT
growth sectors with the highest potential for job creation and
economic contribution
•Increase youth employment in ICT growth sectors
•Enhance women and aboriginal youth participation in the
Digital Economy
•Accelerating the participation of IEPs in the ICT labour
market
3. ICT Labour Market 3
Snapshot
• ICT labour market jobless rate is 2.6%
today, compared to an average
unemployment level of 7.4%
• By 2016 Canada will require to fill
106,000 critical ICT jobs
4. Emerging Opportunities 4
• Several fast emerging growth sectors in Canada with
high potential for job creation and contribution to the
economy, among them:
• Applications and services
• Mobile arena
• Cloud computing
• Global potential with low barriers to entry, dominated
by Small & Medium Enterprises
• The Apps market will have a pervasive impact on
many sectors of the economy (banking, health,
services, administration, etc.)
5. The Apps Economy 5
• Mobile subscriptions worldwide have reached 6 billion
• There are more than a billion smartphone users
worldwide
• Canada’s share is expected to reach $13 million before
end of 2012
• Canadians spend $675M on Apps, and expected to
grow to $1.82 billion by 2016
6. The Apps Economy 6
• The Canadian App ecosystem generates $775M per
year in revenue (or 3% of worldwide revenues)
estimated to reach $2.2 billion in 2016 (184% rise) in
4 years
• Total related employment is 51,700 in Canada
(Ontario 47%, Quebec 22%, British Colombia 15%,
Prairies 11%, and Atlantic region 5%)
• By 2016 it is estimated that App employment will rise
to 78,000 (or 51%)
7. Challenges & Opportunities 7
• Access to capital and talent is a challenge
• A third of the surveyed enterprises are seeking
funding to grow their operations
• Despite these challenges, 41% of companies are
forecasting strong growth, while the remaining 59%
are expecting moderate growth
8. Take away 8
• It’s an exciting time for Canada, where Canadian
apps enterprises bring 3% of global revenue
($25.97 billion)
• Our comparative advantages are:
The emerging sectors represent an attractive
proposition for Canada where there are no
apparent dominant worldwide players
We need to fast track our participation in these
emerging sectors and continue to enhance our
comparative advantages in: talent development;
economic, educational, and immigration policies
