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===Technology industry=== Advanced technology is Victoria's largest revenue-producing private industry with $3.15 billion in annual revenues generated by more than 880 tech companies that have over 15,000 direct employees.<ref name="viatec.ca">{{cite web|url=http://www.viatec.ca/document/2014/12/economic-impact-greater-victoria-technology-sector|title=Economic Impact of the Greater Victoria Technology Sector|work=This report was commissioned by the Victoria Advanced Technology Council (VIATeC)|url-status=dead|archive-url=https://archive.today/20150309225937/http://www.viatec.ca/document/2014/12/economic-impact-greater-victoria-technology-sector|archive-date=9 March 2015|df=dmy-all|access-date=9 March 2015}}</ref> The annual economic impact of the sector is estimated at more than $4.03 billion per year.<ref name="viatec.ca"/> With three post-secondary institutions in [[Saanich, British Columbia|Saanich]], eight federal research labs in the region, and Canada's [[CFB Esquimalt|Pacific Navy Base in Esquimalt]], Victoria relies heavily upon the neighbouring communities for economic activity and as employment hubs. The region has many of the elements required for a strong technology sector, including Canada's highest household internet usage.<ref>{{cite web|title=Table 22-10-0058-01 Internet use, by location of access by geography|url=https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=2210005801|access-date=2020-12-21|website=[[Statistics Canada]]|date = 18 April 2017}}</ref> Over a hundred technology, software and engineering companies have an office in Victoria.<ref>{{Cite web |title=List of companies in Victoria |url=https://www.movingtovictoria.com/list-of-companies-in-victoria |access-date=2023-05-22 |website=Moving to Victoria |language=en-CA}}</ref>
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