The annual salary of a software developer in Canada can range from $65,000 to $165,000.
The average salary is $75,000 for software developers in the GTA, according to data compiled by the B.C. Centre for Policy Alternatives.
It is unclear how much developers make in the province, although B.L.C.’s average is $92,000, and the lowest is $48,000 in Victoria.
Developers in the Greater Vancouver area are often paid as much as $90,000 a year.
In Metro Vancouver, the average salary in 2017 was $81,000 and the highest was $99,000 at the company that employs them, Deloitte, said in a statement.
The report shows the median wage for developers is $80,000; that of non-developers is $70,000 with $10,000 being the bare minimum.
There are also high-earning regions in the city, including the West End, the Upper West Side, the Downtown Eastside and the Upper Peninsula.
The lowest earners in the region are in Richmond, which averages $30,000 per person, and in the Lower Mainland, at $26,000 or less.
In 2016, the BACP report said that the highest-earners in the industry were in the Downtown, which made up about 60 per cent of the industry.
The B.F.T. report notes that while the region is experiencing a major economic boom, it is not without challenges.
For one, the industry is still largely dominated by young, inexperienced people.
The region is home to one of the fastest-growing technology clusters in North America.
In 2017, the region saw the birth of more than 100,000 new residents.
It also saw a sharp decline in the number of permanent residents and university students.
The number of jobs in the area grew by almost 40 per cent from 2016 to 2017.
However, many of those jobs were lost as the population of the area expanded, the report said.
“While there are some areas in the BCT that continue to grow, the area has been trending downward over the last few years and is in the midst of a significant downturn,” the report reads.
The region’s labour market is also highly competitive, said the report.
The median salary in the Metro Vancouver region is $77,000 as of January 2018.
The province’s median is $71,000 while the Bantams’ median is only $56,000 — a stark contrast to the rest of the province.
“Despite the province’s favourable labour market conditions, there are challenges associated with this type of growth and the overall economy in the Province,” the Bancroft report reads, adding that the region’s employment outlook is “not encouraging.”
The province’s labour force participation rate fell from 55.7 per cent in 2016 to 54.3 per cent this year.
The decline in participation rate is largely attributed to the effects of the opioid crisis, the government’s new strategy for the economy, and a drop in oil prices, which have contributed to a drop of about two-thirds in the country’s oil production since January 2018, the BC Centre for Business Research says.
While the province has made progress in reducing the labour force, a growing number of young people continue to enter the workforce.
According to the latest census, the population is forecast to reach 7.5 million by 2021, up from 6.6 million in 2021.
This is down from 8.5 to 9.4 million in 2019.
Aboriginal youth are also increasingly entering the labour market.
According to the BC Secondary School Act, which is in force for secondary school students from First Nations communities, students from all B.A. programs in the 2019-20 school year must be enrolled in a secondary school or high school.
The Act also allows students from other languages to apply to join their high school’s B.S. program.
It is unclear when the BBCB report will be published.
With files from The Canadian Press