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USA-ian in Canada here. Been able to work remotely for US firms consistently for going on ~5 years here. I hope these changes drive up tech salaries in Canada

USA-ian in Canada here. Been able to work remotely for US firms consistently for going on ~5 years here. I hope these changes drive up tech salaries in Canada -- I fear they won't. Currently they're about 20-40% less than the US particularly due to the currency difference. Cost of living is also a bit higher, and absolutely insane in Vancouver (and a lesser degree, Toronto). I suspect it will continue the H-1B trend, in that it companies won't pay better wages, just outsource to cheaper Canadian labor, who are in turn taxed higher and squeezed harder.

DraftDodger67 7y ago
An increase in immigration will drive down tech salaries in Canada - that's the entire point. And along the way they will drive up housing prices, and drive up general revenue and consumer spending since there are simply more bodies in the economy. The system benefits the owners of capital and the migrants themselves, but not existing ('legacy') Canadians. Along the way you get all kinds of social problems caused by the excess of males and the preponderance of Asian families to selectively abort female fetuses.