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Some might draw a connection between Canada's open doors policy for skilled immigrants, and the low salaries paid.
by sbierwagen 8y ago
Some might draw a connection between Canada's open doors policy for skilled immigrants, and the low salaries paid.
- mywittyname 8y agoI don't think it's the primary reason. The Canadian tech sector doesn't make nearly as much money as their US counterpart does. The country has very few dedicated software companies, and none the caliber of the FAAMGs. For comparison, the largest software company in Canada by revenue earns $1.7B, Google is in the neighborhood of $120B a year. Google/Microsoft/Facebook/Apple/etc are each individually orders of magnitude larger than the entire Canadian software industry combined. Chances are, that most metro areas in the US have a technology company larger than the biggest Canadian tech companies. If Canada went from having a billion dollar tech sector to having a trillion dollar one, then salaries for engineers would explode.
- jonny_eh 8y ago> Google/Microsoft/Facebook/Apple/etc are each individually orders of magnitude larger than the entire Canadian software industry combined We just need one of those companies to get fed up and move their HQ north. Canada's tech sector would double overnight. I can even see that happening if the next couple US elections go the wrong way.
- martin_iden 8y agoFed up with what? They care about nothing but making money. It's very infantile to think otherwise.
- xaranke 8y agoWhich is why getting an equally-skilled workforce in the same timezone at a fraction of the cost would be a huge selling point, would it not? Add to that less friction around growing this workforce by bringing in new talent from abroad and it seems like a slam dunk.
- qaq 8y agoAmazon and Microsoft already are moving people to Canada if they can't secure H1B as far as I understand.