Taxes in canada are very high. The ontario income tax rate of 53.53% applies at 220K CAD. the equivalent rate for Cali in USD is 34.75%. you then have PST/GST (14%), way fewer deductions and european gas taxes. The one thing that is a good deal in canada is cheap high quality education. The "free" healthcare that you get is not very good and even the for pay services are of surprisingly low quality.
The average tax rate for a single person making 250K in Sunnyvale is 32.93% [1] The average tax rate for a single person making 250K in Ontario is 39.80% [2] But with the extra taxes you also get some better benefits like healthcare, cheaper education. Of course if your main goal is to save as much money as you can, then it probably better in the US because you earn more salary and USD converts better into other curr…
U.S. immigration policy has been a boon for the tech industry in Canada
221–230 of 424 posts
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#222Earlier quoted context omitted.
The US is still the most prefered destination country: https://www.weforum.org/agenda/2017/11/these-are-the-countri... . It overshadows the next four popular destinations combined.
That is 2017. What happened in the last 4 years has a lagging and lasting impact
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#223Vancouverite here. When major tech companies started setting up satellite offices here, I assumed it'd be a temporary situation, and that we'd be at the mercy of any change in the U.S. immigration process. The longer there's an immigration bottleneck though, the more entrenched these companies become here. There are more senior roles opening up here all the time, and salaries are increasing in this competitive market…
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#224US was playing the last few decades with an easy cheat code of sucking in smart immigrants while the rest of the developed world was twiddling thumbs. Now that the US has shot itself on its foot and others are waking up, the playing field appears to be getting more balanced once again.
The US is still the most prefered destination country: https://www.weforum.org/agenda/2017/11/these-are-the-countri... . It overshadows the next four popular destinations combined.
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#225Earlier quoted context omitted.
The inland of Australia is nothing like inland North America. There is very little water, much is literally desert. Something like 85% of the population lives within 50km of the coastline.
The desert sounds like a good place to harvest the sun. Install some solar panels, and use it to crack water, to make hydrogen, and convert it to ammonia. Australia can power the next fuel cell revolution.
They recently started putting together an interstate connector to other states, which allows the state to export excess power from renewables. In part to help offset grid reductions as NSW brings some of it's fossil fuel plants offline. They already have had some 100% renewable days, but plan to be 100% renewable by 2030.
Another quirk of SA's energy history was Elon Musk offering to help solve grid costly instability with a battery solution within 100 days or it was free. Odd tactic, but it happened and they have a 100MW battery reserve in Hornsdale that is set to expand to 150MW.
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#226The real problem is all the other nonsense people have to deal with.
We have a really great employee who single handedly wrote most of the company’s build infrastructure, and was happy in the US on his H1B because while it requires renewal every 3 years, he was well paid and enjoying his life.
Until about a year and a half ago when he went back to renew his visa in India but didn’t get an approval for about 6 months. The approval process required the company to submit the salaries of the entire 15000+ global employees from the janitors to the CEO.
Once his visa was approved, he packed his bags and moved to Toronto within a couple of months. And our company has stopped hiring more tech workers in the US because they don’t want to have to deal with this anymore.
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#227Vancouverite here. When major tech companies started setting up satellite offices here, I assumed it'd be a temporary situation, and that we'd be at the mercy of any change in the U.S. immigration process. The longer there's an immigration bottleneck though, the more entrenched these companies become here. There are more senior roles opening up here all the time, and salaries are increasing in this competitive market…
How's the housing policy in Vancouver and Toronto? If new tech companies and new tech workers keep coming, are the cities willing to allow for construction of lots of new homes? Or are there signs that the housing policies would turn as anti-growth and hostile to newcomers as happened in the Bay Area?
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#228Vancouverite here. When major tech companies started setting up satellite offices here, I assumed it'd be a temporary situation, and that we'd be at the mercy of any change in the U.S. immigration process. The longer there's an immigration bottleneck though, the more entrenched these companies become here. There are more senior roles opening up here all the time, and salaries are increasing in this competitive market…
The really important thing would be if more Canadian founders were able to create massive companies successfully. The jobs are certainly welcome but I want to hear about more successful companies owned by Canadians
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#229Earlier quoted context omitted.
How's the weather there though? Can we just stop comparing cities? Everyone loves to complain about the cost of living in SF and always brags about how they could buy a mansion in the midwest. No one cares. It's all about location. There is a reason why California is the most populous state in the union despite it being so expensive (weather and jobs). There is a reason the population in the midwest is so low (lack o…
> How's the weather there though? Right this moment, they are almost the same (46F in SF vs 37F in Toronto). Toronto winter usually goes between 5F and 40F, but summer is way warmer than SF (between 75F to 90F vs 60F to 70F in SF)
Re: U.S. immigration policy has been a boon for the tech industry in Canada
#230I am a foreign person from ROW (Rest of the World) in the US studying with F1 visa and trying to immigrate here via employment based options.
I have friends who also immigrated to Germany and Britain. The process is definitely easier and guaranteed there but for us ROW, the process does not look so bad to me right now. Maybe I just don't know how it should be.
After I graduate with F1, I can work up to 3 years with my OPT, companies apply to H1-B in that period. Some start the H1-B process even before you graduate if you have a bachelor's degree already. You have 4 chances in H1-B in the end.
EB-2 green card is also an option for us, as far as I know I can get that in less than 2 years. I've read about people who applied to EB-2 directly without H1-B and got that in their STEM OPT extension duration.
Finally, even though it is a slim chance, there is also diversity visa lottery. I have friends who got picked from DV lottery while studying here with F1. Everything became easier for them.
The US is still attractive to people like me, I don't think how this article portrays the immigration is true.