Another day, another global tech giant ramping up operations in Canada with its sights set squarely on Toronto.

Snowflake Inc., a Montana-based data warehousing and cloud computing company worth more than $5 billion, revealed at a conference on Tuesday (per the Globe and Mail) that it plans to hire hundreds of engineers to work at a new development hub in the heart of Canada's largest city

The company is looking for talent to help support its new "in-house marketplace populated by applications built by third-party developers for Snowflake customers," according to the Globe.

With about 100 employees in Canada working remotely at present and plans to hire hundreds more by this fall, Snowflake is opening a new, 50,000-square-foot headquarters office in Toronto's Bay Adelaide Centre.

"Toronto was an obvious choice for several reasons. It offers an exceptional pool of technical talent due to the presence of top schools like the University of Toronto and University of Waterloo, which has the largest engineering program in Canada," wrote the company's SVP of engineering when first annonuncing plans to enter Toronto in 2021.

"With its cosmopolitan openness, it ranks number 4 on a list of 50 cities identified as places that attract top talent in the high-tech sector."

We're number three now, actually.

You can find a whole host of new job listings for Toronto up on Snowflake's careers website, most of them for various engineering roles, but also some in the fields of marketing, sales and HR.

"Toronto-based engineers will work with cutting-edge technologies and contribute to our company culture of putting customers first and taking initiative and ownership," reads the blog post.

"Their work will continue changing how data is managed and shared (and how insights are obtained from data) across multiple industries. By joining the team, engineers will have a tremendous opportunity to make an impact."

Snowflake joins such recent entrants into the Toronto tech sphere as Infosys, Wayfair, Stripe, Tiktok, Netflix, Reddit, Pinterest, DoorDash, HubSpot, 1Password and Stripe.

Their name may not have aged too well since the company was created in 2012, but it's quite the legit enterprise; Snowflake raised a staggering $3.4 billion from investors when it went public in 2020, marking the largest software IPO in history.