Canada boasts one of the world’s largest economies, making the country an attractive base for multinational enterprise companies that are drawn to its highly trained workforce and culture of innovation. These organizations also benefit from the government-supported tech sector, which enjoys tax incentives and other perks intended to enable research and development. The Canadian information and communications technology sector is made up of thousands of companies, including many with multinational operations. Keep reading to learn about some of the biggest tech companies in Canada.
Tech Companies in Canada
- Morningstar
- Aerotek
- Magna International
- Amadeus
- ZS
Largest Tech Companies in Canada
Magna International makes automotive software. It builds internal systems for cars, and its technology support features like assisted driving and parking, for example, and enables seating systems that use sensors to match seat positioning to a driver’s body size and shape. Magna International operates through several business models, including as a contract manufacturer for various automotive brands.
Broadridge builds software tools for the financial services industry. Its client base includes banks, non-bank financial institutions and brokers engaged in capital market trading and wealth and asset management. Its long list of products includes platforms for portfolio management and post-trade processing.
Toronto-Dominion Bank, more commonly known as TD Bank, has a financial services portfolio that supports millions of retail, small business and commercial customers. It also offers investing and wealth management solutions. As one of North America’s largest banks, TD Bank employs more than 95,000 people.
Scientific Games is a technology company in the gaming sector. Since its 1973 founding, the company has been delivering technology solutions to lottery and gaming clients and was the first provider of secure instant lotto games. According to the company, it processes $120 billion in lottery sales annually.
Aerotek offers both staffing and support services to the manufacturing, construction, logistics and aviation industries. Each of these sectors has near-constant demand for highly trained workers. Aerotek focuses on connecting employers with upskilled light industrial and trades workers for both temporary and long-term roles.
H&R Block is an accounting company that offers mass-scale tax preparation services for consumers. It also develops and markets accounting technology products like the banking app Spruce and the tax preparation feature AI Tax Assist, which uses generative AI to provide intricate tax knowledge insights.
ZS is a consulting firm that offers strategic guidance to help client organizations in healthcare, healthtech and medtech develop software portfolios that serve their specific needs and enable streamlined operational workflows to maximize ROI. ZS has created a hybrid team made up of software and technology experts and trained scientists and healthcare professionals, who work collaboratively to offer support at the intersection of health and tech.
Morningstar is an investment research provider. Its analyses of financial markets rely on proprietary algorithms and bespoke software tools that help analysts glean insights from raw data. The company also offers software tools like the Morningstar Direct platform, which offers tailored solutions for asset and wealth managers.
Amadeus is an IT company in the travel and tourism sector. It offers travel products and services that support airlines, airports, corporate travel providers and hospitality businesses. For example, its airport offerings include digital tools for sequencing flight departures, managing ground handler crews and automating bag drops.
Novo Nordisk is a biotechnology firm that engages in research and development and manufacturing operations to support production of medical treatments and technologies. The company’s products range from pharmaceutical drugs like diabetes and metabolic health medications to digital tools for advanced protein modeling within the drug discovery pipeline.
