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Not sure how exactly they are planning on "luring American tech workers" when they are paying much less on average, taxes are higher and real estate prices in l
by ChemicalWarfare 9y ago
Not sure how exactly they are planning on "luring American tech workers" when they are paying much less on average, taxes are higher and real estate prices in large cities where these jobs are typically at are pretty insane compared to most of the US.
- Pxtl 9y agoToronto and Vancouver are Canada's big insane housing markets. There are smaller tech communities in Ottawa, Waterloo, and Montreal, and those cities have normal housing markets.
- pyre 9y agoPyCon Canada is coming to Montreal this year, and Montreal has the second largest Python user group in the world (IIRC). So these communities aren't necessarily short on tech.
- deleted 9y ago[deleted]
- peeters 9y agoWell Kitchener-Waterloo had the highest year-over-year house price increase in Canada in April/May (40% year over year), so I wouldn't call it "normal", but all signs point to the housing market in Ontario cooling if not crashing, so it will never get to the point that Toronto and Vancouver are at.
- anth1988 9y agoand will pay even less.
- geodel 9y agoThey can get lot of tech workers who are third world natives. The workers will be still lot better off in Canada as compared to going back to India/China or some such in case of immigration troubles.
- int_19h 9y agoExactly. In effect, they'll be luring people who would become American workers eventually, but can't because of H1B quotas, green card queue etc.