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Tech salaries in Canada are very low and I really hope this will raise the bar for everybody. Most of the talent (outside of Quebec) migrates south of the borde
by Sytten 7y ago
Tech salaries in Canada are very low and I really hope this will raise the bar for everybody. Most of the talent (outside of Quebec) migrates south of the border at some point, because it makes no financial sense to stay. Innovation outside of Toronto is low/inexistent and it is hard to get funding. I am always amazed when founders make the national news here when they raise 1-2M$ CAD. At the same time, you have CEOs complaining that the video game industry is poaching dev unfairly (because the salaries are subsidized) instead of raising their own salaries... It really is a sad state. It might be due to the fact that we have a culture of small/medium businesses that are very slow to adopt new technologies and a mentally of what we called in french "born for small bread". At the same time, since nobody is really making a lot of money you also have a more equal society leading to a better quality of life IMO (less crime, more generosity, etc).
As a new grad myself, I am in this situation where I get offers of >120k USD if I move to SV with a growth potential (both in technical and financial terms) far better than what I can get here. In Quebec (where I live), I saw most of my peers stay around and accept salaries ranging from 65k CAD to 80k CAD (50k-61k USD). From what I know, an average senior can expect 120-130k CAD in Montreal. The only way to make more is by being a consultant, which is why you see a lot of them around here (for better or worse). I would feel a bit guilty to move to the US right now considering I got basically a free education and I do want to contribute back to society.
- jjohansson 7y agoIn 2019, PDFTron, a Vancouver-based tech company, received a USD $71 million investment from Silversmith Capital Partners (a Tier 1 growth equity firm). Vancouver’s tech scene is exploding, with a number of top tier tech companies being based here (like Clio) and majors setting up dev offices (Shopify, Amazon, Microsoft).
- Sytten 7y agoThat's really good news and we need more of it for sure. But looking at objective total $ invested (and growth), it does not paint the same picture. Those examples are still exceptions rather than the new norm, we just don't have that many (would-be) unicorns/fast-growing companies. Even if we did, I am still unsure the salaries would go up and most companies don't give equity... I am rather pessimistic about this tech boom narrative that the medias try to sell us. What I see is some large firms taking advantage of a low CAD while most tech companies are still at low/zero growth and offer very mediocre salaries. Maybe it's only in Quebec though.
- blaser-waffle 7y agoThe QC is notably bad for salaries, but part of that is also the highest taxes in Canada and corresponding social services. Low housing prices, too. > What I see is some large firms taking advantage of a low CAD while most tech companies are still at low/zero growth and offer very mediocre salaries. Absolutely. You could throw around $120-150k yearly rates in CAD and you'd have applications from all over the country. Currently CAD-USD is around .77 so they're looking at a 25% discount. Vancouver, however, has seen a crazy high influx of foreign capital -- way more $$$ coming from China than from a $71 million dole via Investment Firm -- and the price of housing in Vancouver is absurd. For the HN crowd, imagine San Fran housing prices with East Oregon salaries. A deeper dive: https://bc.ctvnews.ca/vancouver-yet-again-most-expensive-place-to-live-in-canada-1.4484040 https://bc.ctvnews.ca/vancouver-yet-again-most-expensive-pla... I've been to Vancouver a lot, it's a great place to be, but in terms of climate, culture, and activities you can get mostly the same in Seattle. If Seattle is too expensive work remote or commute from Mt. Vernon or Bellingham.
- jjohansson 7y agoTrue, but Canada has roughly the same population as California. So objective total may not be the best metric. Clio raised $330 million last year.
- stiray 7y agoI just love to hear this. /sarcasm on With 26 years in software development, low level linux (kernel "stuff") and low level windows (kernel "stuff" again), with work including from analyzing malware to writting DRM that was left unbroken for 3 years, to high level software, system administration on various unixes and unix like beasts, including low level networking, fluent in c, c++, asm x86/64, go and some "stuff" I am not proud off (c#, java, python, js, php), expirience in management, team leadership, working for bluechips, US three letter agencies and army (as a part of my previous jobs), annoyingly proficient in security (..., there is more, but who cares) I earn 24k netto euros a year and consider myself lucky, due to a fact that I cant move to another country based on broken marriage and my wish to still parent my kid every second week. Oh, you have 120k salery? I wouldnt complain if I were you. /sarcasm off Just my 5 cents, Instead of counting the money, concentrate on what makes you happy. You will pass better on long term. At the end there is not much you can take into grave. And money certanly doesnt make it softer.
- tmpz22 7y agoSV is so gluttonous that we forget how good we have it relative to almost every other market in the world. We do half-page rants just because we accidentally stepped in dog doo before work.
- blaser-waffle 7y agoIf you're in San Fran, it's entirely possible it's human poo -- and worthy of a rant, for that reason.
- teddyh 7y ago> writting DRM that was left unbroken for 3 years > and some "stuff" I am not proud off (c#, java, python, js, php) I would venture that maybe you should be less proud of the first one and less ashamed of the second one.
- ChuckNorris89 7y agoWhy? Not all DRM is the boogie-man. He's proud he invented a lock nobody could pick. Whether that lock create inconveniences to some people is another thing but that's not his fault.