Information and Communication Technologies and Wireless

British Columbia, Canada, is home to a progressive and dynamic ICT industry consisting of 2,650 companies and 20,500+ jobs focused on software-as-a-service (SaaS) and enterprise level solutions, Internet of Things (IoT) and mobile technologies, cloud computing, big data and machine learning, e-commerce, and quickly growing fintech and security clusters.

B.C. offers a highly developed research infrastructure, an established network of experienced communication and software professionals, angel investors and close ties to both the United States and Asia. These advantages provide strong investment opportunities to open North American branch offices and partner with start-up businesses here.

In 2017, the global venture capital community injected $646 million across 91 deals in British Columbia, strengthening B.C.’s position as the newest and most exciting tech hub in North America.

B.C.’s large, flexible, and educated workforce of 100,000+across the broader tech ecosystem is well-represented by young, diverse, and energetic talent.

British Columbia’s 25 post-secondary institutions work collaboratively with the region’s growing and vibrant tech sector. For example, the University of British Columbia (UBC) holds 50 Canada Research Chairs and has produced more than 170 spin-off companies in recent years.

Key Advantages

Investors and companies from around the world are discovering the benefits of developing their information and communication technologies (ICT) and wireless projects in British Columbia.

  • An ICT and wireless hub. Thousands of British Columbia companies are involved in design, manufacturing, and engineering of wired and wireless communications.
  • Exceptional talent. British Columbia is home to world-class research facilities and top-ranked universities that foster a network of seasoned communications and software professionals.
  • Global players. In British Columbia you’re in great company with major global players like Microsoft, Vision Critical, BuildDirect, Intel, ACL, Sierra Wireless, Hootsuite and Tableau.
  • A prime location. As Canada’s Pacific Gateway, British Columbia is ideally located with a business day that conveniently overlaps with afternoon working hours in Europe, and morning work schedules in Asia and is synchronized for the full day with California and Washington State.
  • Competitive tax regime. British Columbia is one of North America’s most competitive tax environments, with one of the lowest corporate tax rates in the G7, no corporate capital tax, and the lowest personal income tax in Canada for individuals earning up to $125,000. B.C.’s general corporate income tax rate is only 12%. When combined with the federal rate, businesses pay a combined rate of 27%. 

Incentives

BC Tech Fund - A $100 million BC Tech Fund that invests in local high growth companies.
Scientific Research & Experimental Development — Canada’s largest program supporting R&D, SR&ED may provide qualifying Canadian-controlled private corporations with a federal tax credit of up to 35% of qualified expenses for Scientific Research and Experimental Development (SR&ED) carried out in Canada. Other Canadian corporations may be able to receive a 15% federal tax credit.
MITACS— Funds applied research and training programs to address business and innovation challenges. 60+ university partners and 13,000+ projects to-date

Learn about British Columbia’s range of attractive business incentives.

ICT and Wireless Sector Supports

We have laid a foundation for business success that includes targeted initiatives to support technology companies. In addition to the financial incentives, ICT and wireless technology companies benefit from:

 

One of the most recent opportunities in Information and Communication Technologies and Wireless for Investments & Partnerships.
Poort Hub

Smart Home Device Manufacturing

12417 No 2 Rd, Richmond, BC
Poort Technologies Inc. is a Vancouver design and small manufacturing firm, with two producing moulds for tablet enclosures in the booming smart home industry. Poorts are now listed on Amazon.com (Nov/2017) and are novel, state of the art in design and function, and ideal partners for the exploding ... continue


Success Stories

View all Success Stories
Internet of Things: Expeto Partners with Vodafone, Tomorrow Street
British Columbia is a leader in technology, including emerging fields like smart city i... continue
B.C. Mobile Positioning Tech Company Attracts Major Investment
British Columbia benefits from proximity between metropolitan tech hubs and an expansiv... continue
Vision Critical: Building Better Customer Relationships in B.C. and Beyond
“Trade and Invest British Columbia has created opportunities for us to connect wi... continue