Korea Joongang Daily | Kim Won-joon head of Kaist Graduate School of Innovation and Technology Management
2022.05.01
Toronto has become a mecca for tech. Apple, Amazon and Google have opened research centers there, and in February, Microsoft became the latest multinational to set up a research base and office in central Toronto. Leading the metaverse economy, Meta, formerly Facebook, has established an engineering hub there. The city’s population increased by more than 10 percent over the last decade. Half of its citizens were not born in Canada. Toronto is emerging as a center of brain power to rival Silicon Valley.
Toronto attracts talent from around the globe in many ways. Geoffrey Hinton, a University of Toronto professor dubbed the father of artificial intelligence studies, is based in the city. The University of Toronto has become the center of AI research thanks to Hinton. Tech multinationals are lining up to collaborate with the university. The Canadian government helps attract IT talent. Prime Minister Justin Trudeau personally pitches the Global Talent Stream program, which fast-tracks visas within two weeks for hires by Canadian companies in the high-tech sector. Software engineers are eligible to become permanent residents within a year.
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