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There are over 350,000 Canadians living and working in Silicon Valley. Canada's total population is only ~35 million. There is good reason for this mass exodus.
by Element_ 8y ago
There are over 350,000 Canadians living and working in Silicon Valley. Canada's total population is only ~35 million. There is good reason for this mass exodus.
The rates for tech workers in Toronto are terrible. An enterprising worker can easily triple their income by working for American companies.
The fact that this report is sourced from a real estate firm should give you a hint to the rent-seeking nature of the Canadian economy.
- dyarosla 8y agoCould you link your source for the 350k figure? Thank you!
- RandallBrown 8y agoToronto is 75k CAD (57k USD) (https://www.glassdoor.com/Salaries/toronto-software-engineer-salary-SRCH_IL.0,7_IM976_KO8,25.htm https://www.glassdoor.com/Salaries/toronto-software-engineer...) San Francisco is 124k USD (https://www.glassdoor.com/Salaries/san-francisco-software-engineer-salary-SRCH_IL.0,13_IM759_KO14,31.htm https://www.glassdoor.com/Salaries/san-francisco-software-en...) So, it's not triple, but it's more than double. Also, if you're going from a junior/midlevel role in CA to a senior position in the US, you could pretty easily triple your salary.
- dyarosla 8y agoI think you replied to the wrong parent
- RandallBrown 8y agoNo, it was the right one, I just misread the original post and thought 350k was referring to tripling their salary.
- Element_ 8y agohttps://www.theglobeandmail.com/report-on-business/rob-magazine/lessons-from-canadas-silicon-valley-diaspora/article2346666/singlepage/#articlecontent https://www.theglobeandmail.com/report-on-business/rob-magaz...
- deleted 8y ago[deleted]