Business Climate

A Stable and Trusted Place to Build

Ottawa is known for its economic stability, strong public institutions, and ambitious, collaborative tech ecosystem. The region benefits from a diverse economy, predictable operating conditions, and a supportive network of industry, government, and research partners.

Professionals in a modern operations center monitor multiple screens displaying maps, data, and live feeds, highlighting Ottawa’s advanced technology and innovation ecosystem.

A resilient economy supported by public and private sector strength

Frequently ranked as one of the most business-friendly cities in North America.

Aerial view of Ottawa’s downtown skyline at dusk, with illuminated office buildings and streets along the river, showcasing the city’s modern infrastructure and urban landscape.

Competitive Operating Costs That Make Cents

Ottawa offers competitive operating costs other North American tech hubs. Companies benefit from balanced labour costs, accessible commercial real estate, and reliable infrastructure that supports day-to-day operations without the price volatility seen in many major markets.

  • Accessible commercial space, with office and industrial lease rates 50-90% lower than major North American tech hubs
  • Salaries for in-demand tech positions in Ottawa are approximately 8–12% lower on average than in Toronto and Vancouver due to lower costs of living.
  • Ottawa has a lower employee turnover rate, which reduces recruitment and training expenses.
  • Stable operating costs, including predictable utilities and municipal services
  • Government incentives, including federal and provincial tax credits that support R&D, innovation, and investment

Strategic Location

The Power of Proximity

Ottawa’s location provides all the advantages of a national capital with strong connections to international markets. Companies benefit from access to policymakers, research institutions, and transportation networks that support North American and global operations. Ottawa is both the Silicon Valley of the North and the Gateway to Canada’s North.

Travel by car, air or rail to Toronto, Montreal, and to New York in just a few hours or less

20+ million people within a 400 km radius

Ottawa International Airport connecting to global hubs daily

Direct access to 130+ federal agencies and 130+ international embassies

Innovation and Research

Where Ideas Get Tested

In Ottawa, innovation doesn’t stay in the lab for long. But if needs a lab – we’ve got hundreds. The city brings together federal research labs, leading universities, applied AI institutes, and advanced testing environments where companies can move ideas into real-world deployment. Researchers, engineers, scientists and innovators, and policymakers often work within the same networks — which means collaboration happens quickly and commercialization moves faster, safely.

65+ federal labs and research facilities

4 NATO Diana test facilities

80+ research labs associated with the four post secondary institutions

The Ottawa Academic Health Network is the 2nd largest life science research ecosystem in Ontario hosted by the University of Ottawa

Two professionals work on laptops in a bright, modern space, reflecting Ottawa’s highly skilled and collaborative tech talent.

Talent and Workforce

A Skilled and Educated Workforce

Ok, engineers aren’t the only talent in the region, but Ottawa does have a lot of them. In fact, Ottawa has the most educated workforce in the country.

The city has one of the most technically skilled workforces in North America, shaped by decades of leadership in telecommunications, software, and advanced research. Companies hiring here tap into a deep pool of engineers, developers, scientists, and skilled professionals who know how to build, deploy, and scale complex technologies. And to top that off, with major post-secondary institutions and 168,000 students there is an unparalleled talent pool to draw from.

  • 60% of residents hold post-secondary credentials
  • Top 10 tech talent market in North America
  • 80,000+ tech workers
  • 28,000 students in STEM

Get Support as You Explore Ottawa

Tell us what stage you are in. We will help guide you to the right information and specialists.