Stats Canada released an interesting report in 2007 that seems to have gone almost un-noticed. The report itself highlights the impact that the high tech downturn in 2000 had. The report contained a few very interesting facts that were, and still are, relevant to Ottawa, including:
Among laid-off high-tech workers, about four out of five did not locate employment in high-tech, and about one out of three moved to another city. In Ottawa–Gatineau, about two in five laid-off high-tech workers left the city.
With the ongoing layoffs this trend will continue – resulting in the ongoing erosion of Ottawa’s tech workforce and capability – unless action is taken.