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Developments in tech in Toronto over the past seven years

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Re: Developments in tech in Toronto over the past seven years

#61
post #35

Earlier quoted context omitted.

Do you know French and love winter?

You can do without French but then again if you're living there make an effort Winter is worse than Toronto but not by much (and Ottawa winters seem worse than both, to the point a whole canal freezes)

Montreal winters are legendary. Toronto barely even gets snow.

Re: Developments in tech in Toronto over the past seven years

#62

Earlier quoted context omitted.

This is a Canada wide problem. Rather, Id even say its a !valley problem. Canadian businesses keep making this weird assumption that theres some kind of market capture but it’s really only true for people who have to stay in the city or country for some reason. The addressable hirable market is the people who chose / have to stay and havent realized being employed by a US business is as easy as switching github organ…

I do think it reflects more of a "not US" than a "not Silicon Valley/Seattle" problem these days. Anecdotally, I've discovered that most sufficiently large companies in the US now recognize and will credibly attempt to compete with the stratospheric Silicon Valley wages for the upper echelons of tech talent no matter where the company is located. For example, I've seen many cases of the Fortune 500, most of which are…

"offering the upper end of the six-figure range for an individual contributor"

Really? Like 900,000 USD? Really?

Re: Developments in tech in Toronto over the past seven years

#63
post #54

Earlier quoted context omitted.

Sure but Toronto is expensive and they pay isn't very good considering. If it were people lamenting only being paid $300k instead of $400k then we could be like "it's just money!" but I heard when I was there a few months back CAD$120k is pretty typical for a senior dev, which is roughly $90k USD, and the housing and whatnot isn't all that much cheaper than in big US cities.

I would go as far to say that $120K is exceptionally high for a senior dev and in fact $100K is an upper boundary.

Agreed most feel 90-100k is the max

Re: Developments in tech in Toronto over the past seven years

#64
I've been living and working in Toronto since 2003, and can attest that it truly is a fantastic city to live in.

Most of the senior developers I know in Toronto work as independent contractors for large enterprises because they can get paid significantly more than the base salaries mentioned here. Contractor rates rival Silicon Valley salaries.

The downside of independent contracting is that you forgo sick pay, holiday pay, and employee-sponsored perks like extended health care. However, Ontario has an excellent public health system that covers all residents so the need for additional health benefits is questionable.

Re: Developments in tech in Toronto over the past seven years

#65

Toronto’s tech talent is keen... but relatively green. Since few companies have had to deal with scaling networks, users and data to the same magnitude as is common with Valley companies, it’s almost impossible to find senior engineers worthy of the title. Plenty of options for junior and intermediate, though.

"God, why can't companies train more senior engineers so I won't have to train them?!"

Re: Developments in tech in Toronto over the past seven years

#66
post #16

Earlier quoted context omitted.

Toronto has the best spin department in the world. I never stop seeing listicles with Toronto in the top 3, reading about how great it is a place to live and work, and how it's become a leader in innovation/tech/art/music/film/finance. The endless fluff pieces are a bit tiresome.

How about Montréal?

I’ll do the spin:

- Healthiest city in North America [1]

- Montréal posts best job growth in 2017 among top 20 largest urban centers in Canada and the U.S. [2]

- Lowest unemployment rate since 2001 [3]

- Montréal is 2nd global artificial intelligence hub [4]

[1] https://www.spotahome.com/healthiest-cities-world [2] http://www.montrealinternational.com/en/blog/montreal-posts-... [3] https://montrealgazette.com/business/montreals-unemployment-... [4] http://www.montrealinternational.com/en/news/2017/11/montrea...

Re: Developments in tech in Toronto over the past seven years

#67
post #16

Is this truly significant, or is it spin to sell a city? Not to be harsh, but I've read the accounts of Canadian expats on the comparatively low wages back home. Not SF low, but low even compared to other cities in the U.S.

Toronto has the best spin department in the world. I never stop seeing listicles with Toronto in the top 3, reading about how great it is a place to live and work, and how it's become a leader in innovation/tech/art/music/film/finance. The endless fluff pieces are a bit tiresome.

I agree. I lived in the Toronto area for about 10 years. I visit regularly still because I have a lot of family there. I would consider moving back too but these fluff pieces as you say do not help. The first thing that is needed for more people who live there to admit there are problems, specifically with low wages (and relatively high taxes too applied at lower levels), I cannot get my friends or family to even realize that because they are still quoting 1990s UN studies about Toronto being the number 1 city in the world to live or something like that, being critical isn't always being negative, if you love a place there should be a desire to improve it, not ignore issues.

Re: Developments in tech in Toronto over the past seven years

#69
I'm from Toronto. Congrats to Toronto for its accomplishments.

It should be realized that their is a great standard of living available outside of major tech centers all across the country(s). The opportunity is different, but the jobs do exist. I'd argue that their is far more opportunity outside of tech centers than within. A tech center addresses the issue of distribution. More specifically, of concentration. Having a small cluster of a 100 or so tech businesses conveniently located pales in comparison to the 10's of thousands scatter across the corporate landscape.

Its myopic to measure 'success' with such a short term metric. My measure of success is different at a wholesale level from my 20's to my 40's. Toronto is fantastic for those less than 30. Tons to see and do, easy access to everything. Flash forward 20 years with a family and kids and it's not so attractive anymore. What were once benefits are now become detriments.

That being said, today is my last day at work in my less than 150K population town. I start a new job in 2 weeks, +$$, +benefits etc. Same scenario, smaller location. My compensation is is within striking distance of the wages in Toronto's tech center. But without the heavy cost of accommodations (all else being marginally cheaper) but more importantly, I'm 5 minutes from a entire world of green space and the crushing humanity that is found in all major centers, Toronto included.

Enjoy your success T.O. :D

Re: Developments in tech in Toronto over the past seven years

#70
post #50

The wages in Toronto are laughable. In the praries it's possible to make maybe 10 to 20k less than Toronto salaries but the houses are half the price.

These conversations, which appear every time a post appears on HN that talks about what a great place Toronto is (along with many other places in Canada), make me sad. There is so much more to life than money.

But with so many great places in Canada, why not choose one that is both great and offers more compensation, the latter of which helps multiply the greatness?
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