|By David O’Brien,
Senior Vice President, Business Development at Eagle
The Montreal IT job market continues to be one of robust demand anchored by some foundational, more traditional industries that are focused on software development, such as Banking, Telco, Aerospace and Transportation. This is augmented now by “sexy ” new technologies and industries in electronic gaming, digital media and a thriving AI hub. In fact, since 2018, Montreal has experienced the largest economic growth in all of Canada with a nearly 6% increase in job creation between 2016 and 2018, and high tech jobs are leading the way. Montreal is now firmly a top 5 spot for tech employment in Canada and the Conference Board of Canada predicts Montreal’s economic growth of 3% will lead major metropolitan cities in Canada this year. With a lower cost of living than both Toronto and Vancouver, the two biggest tech centres in Canada, Montreal looks to be poised to continue its growth.
A recent highlight in the Montreal job market is that Amazon Canada just opened its first Quebec-based distribution warehouse in Lachine, after the city failed to win the corporate pitch contest for Amazon’s second HQ.
As always, with the good come the unknown and success of the recent past will undoubtedly face headwinds both economically and politically. CN Rail, itself, with labour issues, has drastically reduced the number of IT contractors it uses in Montreal, long a top draw for IT contractors. Furthermore, with a new provincial government settling in, the CAQ has changed a number of immigration policies, especially for students, which was and is often a fast track avenue to bring much needed skills in to the labour market. With fears of recession in the overall Canadian economy as growth slows, certainly many of Montreal national employers will start to feel the pinch and that will no doubt affect those represented in Montreal. The question will become how clients respond. Typically, less than positive economic factors manifest detrimentally in permanent hire while they can be a positive for contract hiring.
In demand roles and technologies for Montreal include developers, both back-end and front-end, and particularly mobile developers with Android/Kotlin experience. .Net developers, as well as Security Analysts, BI Business Analysts and Big Data resources with Hadoop skills are all also expected to have high-demand in the coming months.