4 ms·
As more of the best engineering talent moves to Canada (or decides not to come to the US in the first place), it should: 1) increase salaries in the Bay Area in
by WisNorCan 8y ago
As more of the best engineering talent moves to Canada (or decides not to come to the US in the first place), it should:
1) increase salaries in the Bay Area in the short-term as their a shortage of engineers
2) decrease salaries in Canada in the short-term as their is a surplus of engineers
The more interesting thing to consider is whether US tech companies will begin to build out more aggressively in Canada instead of the US. Amazon HQ3 might make a lot of sense in Canada.
- NTDF9 8y agoMore importantly, with more and more talent present in Canada, more and more startup funding will move there.
- bdamm 8y agoI'm not sure that's true. Availability of VC capital is a tricky thing. There's some in Canada but only seems to be in small pockets. The startup scene in Vancouver is so small that basically everyone knows everyone else, for example. Vancouver is also suffering a real estate crisis that is worse than Silicon Valley's. I think it really takes large institutional draws to make a serious dent in the size of a talent pool that would ultimately draw larger VCs.
- NTDF9 8y ago> I'm not sure that's true. Availability of VC capital is a tricky thing. There's some in Canada but only seems to be in small pockets. But that is the reality TODAY based on the talent pool accumulated YESTERDAY. For other countries, that YESTERDAY is TODAY. They want a SV future and if they had to import some people to recreate SV, this pool of people is it.
- gpm 8y agoBy HQ3 do you mean HQ2 (the one Amazon is currently in the process for selecting a city for), or are you talking about a theoretical far future new new HQ?