Canada is undergoing a technological revolution in 2025 as it embraces AI’s transformative power across all sectors of the economy. The rapid emergence of AI-driven technologies and robust AI-readiness roadmaps propels this shift. Experts forecast that industries such as finance (85%), manufacturing (80%), retail (75%), healthcare (70%), and agriculture (60%) will lead AI adoption, solidifying Canada’s position at the forefront of innovation.
This also implies that tech companies will lead the product sector in North American countries, and more job opportunities will be available to qualified candidates. This blog will discuss the top product-based companies in Canada to work for in 2025.
Source: Farmonaut
Leading Product-Based Companies in Canada Offering Great Career Opportunities
The technological transformation sweeping through Canada is more than just a trend. It fundamentally reimagines how businesses operate, grow, and innovate in the digital age. As such, these organizations offer candidates a great work culture, exciting opportunities, and competitive salaries.
Name of Company | Hourly Payment Rate |
Location |
Vention | CAD 69 – CAD 137 | New York, United States |
Closeloop Technologies | CAD 28 – CAD 40 | Mountain View, United States |
Codal | CAD 139 – CAD 207 | Toronto, Canada |
Fordewind.io | CAD 14 – CAD 68 | Vancouver, Canada |
Iotasol | CAD 69 – CAD 137 | Calgary, Canada |
Source: Techreviewer
Vention
Vention is a top software development partner that has been in the industry for over two decades now. The company has helped many businesses succeed, from quickly growing software product companies and SaaS startups to world tech leaders.
It specializes in offering its clients end-to-end solutions in the following areas:
- AI/ML
- Application Development
- Cloud Computing
- Data Analytics
- DevOps
- IoT
- Mobile Development
- Web Development
Vention hires 3000 dedicated developers worldwide to offer clients the finest engineering talent in a time zone that fits their unique needs like a glove. This ensures seamless collaboration and project success.
Closeloop Technologies
Closeloop Technologies is where execution and innovation meet – the company specializes in bringing digital aspirations to life. It can help companies like startups with new ideas and established enterprises looking for digital rebuilding. It can bring all ideas to life and push forward the digital evolution of its clients.
The company’s areas of expertise are:
- Custom Software Development
- Mobile App Development
- Web Development
- AI & Machine Learning Solutions
- Cloud Services
- Product Engineering
- UI/UX Design
Also Read: Top Highest-Paying Companies in Canada for Freshers and Professionals
Codal
As a development and design consultancy, Codal has won awards that reflect the quality of its work. The company is one of the leading product based companies to work for in Canada. It assists enterprise organizations in accelerating growth by solving complex problems.
The company’s areas of expertise are:
- Digital Transformation
- eCommerce
- UX/UI Design
- Product Strategy
- Data Analytics
- AI

Fordewind.io
Fordewind.io specializes in Smart Home and City projects and the automotive industry – these are its main areas of interest. The organization focuses on a particular set of IoE and IoT technologies, such as the following:
- Embedded Development
- Backend and DevOps
- Big Data
- ML Projects
Iotasol
Iotasol is a global software development organization that focuses on creating high-quality, timely, and cost-effective software. It has a solution for all its clients’ customized software, web applications, websites, and mobile app development needs. The organization has been working since 2010, thus providing it with almost 15 years of valuable experience.
The company’s areas of expertise include:
- Custom Software Development
- Mobile App Development
- Web Application Development
- UI/UX Design
- E-commerce Solutions
- Enterprise Solutions
How to Get Hired by Product-Based Companies in Canada
The increasing adoption of technology in Canada’s product sector is unlocking substantial job opportunities. To succeed, candidates must be well-prepared to join leading product-based companies in Canada.
- Candidates must develop skills in key areas such as software development, design, product management, and data science.
- They must maintain firm profiles on platforms such as GitHub and LinkedIn.
- They must use social media or attend networking events to engage with the companies.
- They should also apply for these jobs through tech job boards in Canada and the companies’ official careers pages.
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- Professional Certificate Programme in HR Management and Analytics, IIM Kozhikode
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FAQs On Product-Based Companies to Work for in Canada
Q: What are the top product-based companies in Canada?
Ans: The top product-based companies of Canada are:
- Vention
- Closeloop Technologies
- Codal
- Fordewind.io
- Iotasol
Q: Which product-based companies in Canada pay the highest salaries?
Ans: The product-based tech companies in Canada that offer the highest salaries are:
- Airbnb
- Snowflake
- Facebook (Meta)
- Amazon
- Wayfair
- Shopify
- Brex
Q: Are there any Canadian product-based companies that hire remote workers?Ans: Yes, several product-based companies hire remote workers. The Canadian product-based companies that hire remote workers are:
- GitLab
- Autodesk
- Bounteous
- Clio
- Rockbot
Q: What is the difference between product-based and service-based companies?Ans: Product-based companies focus on creating and selling digital or physical products, while service-based companies offer services to clients, often using specialized labor and expertise.
Q: Why do people prefer working in product-based companies?
Ans: People like to work in product-based companies because they provide greater opportunities for career growth, a more stable work environment, and exposure to cutting-edge technologies.