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Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

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Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#571
post #413
post #306

Earlier quoted context omitted.

Canadian here who worked in the Valley for ~7 years, and currently works for a US-based startup remotely. You're absolutely right that the culture of respecting changemakers is not as present in Canada. But the SFBA is the world leader here. There probably isn't any place on earth that's more optimistic about innovators. I don't think this is a culture thing, exactly. It's just that everyone who became rich in the SF…

stifle innovation in favor of incumbents, and put regulatory barriers in the way for entrepreneurs As a Canadian I'm a little shock by this description. Stifle innovation? The gov't ran the phone system in Alberta until the 1990's (or so). There was no innovation because it was determined "that's the job for the gov't, not private businesses" and they did it terribly. Look at the cellular phone networks in Canada. No…

> Look at the cellular phone networks in Canada. Nothing changes unless the CRTC OKs it. Those companies would be eaten for lunch without the gov't backing them.

Not to defend the cellular oligopoly in Canada (because it's one of the worst in the world) but things aren't perfect in the US either.

T-Mobile and Sprint just agreed to merge, which means the US will have only 3 major wireless providers: AT&T, Verizon, and Sprint/T-Mobile.

> My own experience in the US is that things change much quicker when it comes to innovation. Are their stupid regulations? Sure, but they seem to change pretty quickly down here when people get pissed.

The US government just defacto banned (or outright, I can't recall) using ZTE/Huawei equipment in their mobile networks.

Say what you want about the Chinese, and I have no doubt they have ambitions of an NSA-like agency, but the rest of the world is fine to use their equipment and it smacks of protectionism for America to block their use.

I totally agree though that the Canadian government doesn't do nearly enough to encourage competition, and is usually quite content to let an oligopoly remain if it means avoiding foreign ownership.

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#572
post #120
post #56

Canadian here. I get $65,000 USD from my remote American job. That's low enough that people on this forum snicker at me, and high enough that companies in the "tech town" that I live in physically wince when I tell them my salary expectation. I'd rather work locally, but what can I do?

> people on this forum snicker at me I hope you just mean that metaphorically, but if it's actually happening, please let us know so we can scold them. Putting others down that pettily is a breach of civility. https://news.ycombinator.com/newsguidelines.html

I think he just didn't get the right words dang. No one is snickering at him for $65k. Probably the opposite. I, a relatively selfish person, get upset when I see a person being taken advantage of.

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#573

US salaries are much higher, the tech industry is booming in the states, and it's very simple to apply for a visa or start a consulting company to work remotely from home. If you're a student graduating out of a Canadian college/university and are looking for ways to advance your career (while making a lot more money on the side), what's not to love about moving or working remote?

I did exactly this, and have been working remotely for a Californian company as of two months ago. All I had to do was open a sole proprietorship (a trivial errand) and a USD bank account (technically optional), and report in via email on my first day. As a self-employed contractor, my costs are lower (working from home), I get myriad tax breaks, and my salary is not even comparable to what I could expect locally, ev…

Are you US based? Are you sure you are paying your taxes correctly? Creating an LLC is simple but handling the accounting is the complicated bit.

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#574
post #275

Earlier quoted context omitted.

I don't know, one of my euro immigrant friends in Vancouver was a window cleaner. IIRC she basically showed up at the border with some education certificate (some non-fancy arts degree), her intent to make a living and proof she could sustain herself for a few months; definitely not sponsored by a tech company or anything like that. A few years later she was a citizen. OTOH I know two very capable (although not "rock…

I'm pretty sure there are some important details missed in your story, because you either don't know them, or don't understand why they are important. My European, but non-EU, friend is a software engineer with certified knowledge of both En, and Fr, clean records, and all that stuff, decided to go to Canada for some not particularly economically rational reasons (like love of northern nature). This year it's going t…

The window cleaner probably got the working holiday visa. You have to be under 35. After a year of experience at a job requiring a degree or a job in management, you can get permanent residence with CEC. Even managing at a coffee shop would qualify.

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#576
post #66

Canada is in a really tough spot here. I've always admired Canadian culture/values, and in the abstract, would love to live in Canada one day. However, as a Software developer, the compensation and opportunities that one can find in SF/Seattle/NYC dwarf anything in Canada. Until this changes, Canada is always going to lose its brightest engineers, which will in turn worsen the problem even further. Some solutions I c…

- Canada is already pursuing non-American engineers, even advertising along the 101 [1], and it's working [2]. - Canada does offer some tax breaks [3] and grants to startups, but more is also welcome. - Agreed that there should be a bigger focus on startups. I wonder if having provinces create VC funds (like Investissment Quebec [4]) tailored specifically to startups would help here. [1] http://mgalligan.com/post/523…

> and it's working

While I agree that the efforts are working, this is very much like using a tea spoon to bail water out of the Titanic. You also have to consider that given a choice between the US and Canada, very few people would pick Canada so many of the people that arrive would leave the minute an opportunity in the US opens up.

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#577
post #53

I'm a Canadian software engineer working in Seattle. One time on a flight back to the homeland I sat next to a Canadian tech VC. We spoke about the tech scene in Canada, and eventually she started complaining about how all the good engineers leave for the States. I mentioned my experience with the massive 50% pay gap in software engineer salaries, and she said something about how it was the fault of the exchange rate…

> it was the fault of the exchange rate and couldn't be helped

what? You'd expect a VC to be more knowledgeable.

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#578

How many people leave, gain experience at a US tech giant, and then bring that experience home? Didn't see it mentioned in the article but that would be somewhat positive for Canadian tech, if it was happening in big enough numbers.

This is obviously a very small sample size, but I work at a startup in Toronto and 3 of the 4 executives/managers started their career in the US and then moved back to Canada once they got older (30-35yo)

Re: Canada facing ‘brain drain’ as tech talent leaves for Silicon Valley

#580

The financial success of the titans of the tech industry is driven by monopolies and heavy use of tax havens. The salaries are generous for these reasons. Canada - and indeed any country - could easily do something about this if it had the political will to do so. Strengthening and enforcing anti trust laws would be one example; cracking down on aggressive tax avoidance would be another. Then you'd at least have a le…

Your tax premise is wrong. The proof is right there in the actual tax numbers. Average world-wide statutory corporate tax rate: ~22% National statutory rates: Netherlands 25%; Italy 24%; Norway 23%; Sweden 22%; Portugal 21%; Russia 20%; Estonia 20%; Finland 20%; UK 19%; Czech 19%; Poland 19%; Belarus 18%; Lithuania 15%; Bulgaria 10%; Hungary 9% Europe statutory average: ~19% The effective rates are that much lower. I…

I'd choose a longer period than 1 year - the are always ups and downs from one year to the next. Let's take Amazon as an example: their effective tax rate from 2012 for 5 years is 12%. They can only pay that because they have armies of tax accountants looking for loopholes. Small local businesses - the ones who might compete with Amazon - can't afford those accountants so they pay the statutory tax rates.
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