This Week’s Signal
The market widened through execution capacity, not a classic software hiring surge.
What Changed
The important shift this week was structural, not just volumetric.
The past 2 weeks added 22 roles and 4 companies, but the more useful read is where that growth sat. CGI Inc. entered with 9 St. John's roles, Verafin Nasdaq Canada Inc. reloaded to 9, and Avalon Holographics rebounded to 11 active roles. Smaller boards like Ground Control, SiftMed, TownSuite Municipal Software, and Data Farms still widened the edge around them.
Key moves:
CGI Inc. entered with 9 St. John's roles
Verafin Nasdaq Canada Inc. moved from 4 live roles to 9
Avalon Holographics moved from 6 roles in the last issue to 11
Operations rose from 14 roles to 26, the biggest function-level jump this cycle
HeyOrca Inc., NDITIVE, Pingram.io, and one Verlo Finance role fell out of the cleaned include set
This was a broader market with thinner boards, not a single-company hiring wave.
Weekly View: Under the Surface
After a short, one-week break to bring the best, most up-to-date information to our readers, the Undercurrent is back. What we saw over the last two weeks is that a lot can happen, and just like technology itself, things change rapidly.
The hiring landscape widened. Just two weeks ago, we saw 90 roles across 21 companies; today, that number increased to 112 roles across 25 orgs. We’re seeing some critical roles, with Genesis looking for a Builder in Residence for the first time ever, while CGI, a new company to Newfoundland & Labrador, is growing their downtown St. John’s HQ team. Keep an eye out for those roles, among many other new additions in the mix.
Some more data: the top four companies hiring saw their share ease from 50% to 46%, while the average number of available roles per company fell from 3.0 to 2.0. The Hiring Index rose from 142.0 to 161,0, and the Expansion Rate moved from 18% to 22%. This week, tech companies are in search of more operations roles, with that category seeing the biggest jump. Still, roles across all functional areas are in demand, including finance, engineering, marketing, sales, legal, and more.
Company Insights
Spellbook still leads with 18 live roles, but its share eased as the rest of the market widened.
Avalon Holographics rebounded to 11 active roles and rejoined the upper cluster.
Kraken Robotics held at 14, while CoLab Software held at 8, keeping the legacy center intact.
CGI Inc. entered with 9 St. John's roles and immediately changed the local market structure.
Verafin Nasdaq Canada Inc. reloaded to 9 St. John's roles, adding a second institutional board at scale.
Virtual Marine Inc. widened to 6 roles across engineering, project, simulation, training, and sales.
Ground Control, SiftMed, TownSuite Municipal Software, Genesis and Data Farms all turned smaller boards into real-life signals rather than one-off listings.
Vish Limited eased to 5, while Vision33 Inc. settled at 3.
Selected Roles
A snapshot of current demand:
Genesis: Builder-in-Residence
CGI Inc.: Business Systems Analyst (BSA)- Payments
Ground Control: Founding Growth Marketer
SiftMed: Senior Software Developer
ClearRisk: Customer Success Manager
TownSuite Municipal Software: Financial Business Analyst
Get the Full Signal
The directory shows what’s visible.
The full report shows what’s actually changing, where demand is looking up, which teams are hiring with intent, and what to watch next.