So I did read the report to the best of my ability. We are listed as a top job market.
We are also listed as one of the cheapest markets to do business in, in terms of one year company costs (for 500 employees and 60,000 sq ft of office space)
- Edm: $34 million
- Cal: $38 million
Edmonton is cheaper in terms of wage costs, while Calgary has cheaper office rent costs according to the report.
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For people curious to compare, this report is the Jul 2022 one (
https://mktgdocs.cbre.com/2299/957e...47cee1-897668710/2022-Scoring-Tech-Talent.pdf), not the current Jul 2023. The PDF for Jul 2023 can't be accessed on my end, however their web report (where I got all the information) is available here:
https://www.cbre.com/insights/books/scoring-tech-talent-2023
*percentage changes are from 2017-2022
Calgary Tech Workforce: 52,200 (61%) - 19,700 increase
EDM Tech Workforce: 31,100 (45%) - 9,600 increase
Waterloo Region Workforce: 29,700 (52%)
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Now here's the REALLY weird part.
View attachment 493624
As y'all can tell, the tech quality and cost for Edmonton is much much better in comparison to Calgary, our tech talent is both higher in quality, and cheaper in cost according to the report. The report also states:
So honestly, not sure why Edmonton's rating went down in such a massive fashion. Once the local market reports show up, I'll give it a look and see. But honestly, one hypothesis I have is just Calgary has a larger and more well known profile, while Edmonton gets transplants once more is known about it, essentially mimicking migration patterns as well.