Toronto, the Quietly Booming Tech Town

By Cade Metz

TORONTO — In late February, Microsoft opened four floors of new office space near the top of a 50-story glass tower in downtown Toronto, a block from Scotiabank Arena, home of the Maple Leafs and the Raptors.

Apple and Amazon were already in towers just down the street, and Google was about to open a new building around the corner. Meta, formerly Facebook, did not yet have an office downtown, but many Toronto start-ups complained that the social media company was driving tech salaries to Silicon Valley levels as it recruited top engineers across the city. During the pandemic, it was hiring anyone willing to work from home.

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