Earlier this year, a report from national law firm Osler uncovered “impressive signs of growth, renewal, and resilience in the ecosystem” of Alberta, who saw the highest growth for venture capital deals in Canada since 2020.
In Calgary, there are now more than 50,000 tech occupations, accounting for nearly one-third of all employment opportunities in the region.
Despite the high turnover associated with tech work, Alberta boasts some of the most loyal workers, according to a recent analysis from online resume building platform Resume.io.
Resume.io analyzed LinkedIn data from cities across the US, UK, and Canada to identify which regions have the most job-hoppers versus loyal workers.
Canada’s major cities were assessed for tech talent dynamics, revealing findings about loyalty and regional differences in propensity to seek fresh horizons.
Vancouver and Montreal ranked as prime locales for tech professionals with a penchant for change, for example, holding track records of workforces with a willingness to make career shifts often.
Canada’s most short-lived jobs are in Vancouver, where 20% last one year or less at a job. There is the most “loyalty” in Ottawa, where 27% remain in a position for over 10 years.
Yet even Ottawa has a 17% annual turnover rate of job-hoppers, showing the country as a whole is hop-happy.
“Over a quarter of Ottawa employees have been in their role for over a decade, making it the Canadian capital of loyalty,” says Lotte van Rijswijk of Resume.io. “But Ottawa also has an annual turnover rate of 17.22%, putting it just Vancouver and Montreal for job-hopping.”
Montreal came in second at 17.8%, followed closely by Calgary at 16.8%. Other high-turnover cities include Toronto (15.2%); Halifax (14.9%); and Kelowna (14.2%).
The most loyal cities in Canada after Ottawa include Edmonton (4th) and Calgary (5th)—which is another city to crack the top 10 for both hopping and loyalty.
Job-hopping can possess advantages, according to Resume.io, but is a strategy to be executed wisely and with caution.
“For young professionals, job-hopping appeals not only for its professional advantages but also thanks to the appeal of a quick bump in earnings,” van Rijswijk posits. “But quitting for a new role is not a decision to take lightly, and embracing job-hopping should only be pursued as a deliberate and achievable career strategy—or it could backfire in terms of reputation and pay.”