Toronto is poised to become a producer of tech startups

Post by pyre » Mon, Jun 13, 2016, 2:59 AM UTC

pyre wrote: post #211

cmrdporcupine wrote: post #187

Earlier quoted context omitted.

Yep the salaries in the Bay Area are from what I have seen about double what one would get in the GTA. The housing prices are insane, but a nice three bedroom in Toronto that is transit accessible to the downtown is just shy of a million $ now, or over it. And the salaries are far lower. So yeah, a lot of talent will just go south. Or get lucky like me and go work for Google in Waterloo. The actual Toronto employment…

> a nice three bedroom in Toronto that is transit accessible to the downtown is just shy of a million $ now I own a house that is on two bus routes, and it takes me 45 ~ 50 minutes to get downtown (specifically work which is right downtown), and it's not even close to that price. [That said, I looked into moving to another neighbourhood with worse transit access that was not that far away, and the real estate agent w…

Post by overcast » Mon, Jun 13, 2016, 3:01 AM UTC

cmrdporcupine wrote: post #180

I almost spat my glass of wine out my nose when I read "Delightfully efficient transport" The GTA has some of the worst sprawl and traffic problems in North America, and its transit system has been neglected since the 80s and the politicians are only starting to get their heads out of their asses on this in the last few years.

Post by stan_rogers » Mon, Jun 13, 2016, 3:10 AM UTC

gabbo wrote: post #212

mabbo wrote: post #89

Odd they didn't mention Amazon Toronto or IBM. Amazon has 300+ SDEs here (myself included), room for 800 developers in the new office that just opened. Not sure how big IBM is, but I've heard it's fairly big operation here. It's not that Amazon is a startup itself (what, 100k+ employees worldwide doesn't count?) but that when you have a big company like that you often see people leave to make startups. Young guys spe…

How is the pay at Amazon Toronto and what are the projects like? I work in tech (not Amazon) and live in Seattle, and given the reputation I don't think I'd really want to work for them in this city given the other options we have here. But if they paid top-notch salary and had great work, I'd seriously consider it as an option when moving back to Toronto. The employment options seem quite limited and I have a hard t…

Post by rayiner » Mon, Jun 13, 2016, 3:43 AM UTC

aianus wrote: post #197

treve wrote: post #191

Earlier quoted context omitted.

Kind of surprised that this seems to be the sentiment. I rather live in a place where I make less, but the wealth is better distributed. To me a high standard of living is not just a good salary, but also good living conditions of those around me. If Toronto is to be the next Bay Area, and I have to walk over the homeless to get to work, I'm out of here.

> To me a high standard of living is not just a good salary, but also good living conditions of those around me. To most it's the opposite. Wealth is relative so I'd rather live in a 3rd world country making $50k than SF making $150k.

Post by [deleted] » Mon, Jun 13, 2016, 3:53 AM UTC

pyre wrote: post #231

pyre wrote: post #211

Earlier quoted context omitted.

> a nice three bedroom in Toronto that is transit accessible to the downtown is just shy of a million $ now I own a house that is on two bus routes, and it takes me 45 ~ 50 minutes to get downtown (specifically work which is right downtown), and it's not even close to that price. [That said, I looked into moving to another neighbourhood with worse transit access that was not that far away, and the real estate agent w…

Too late to edit, but I realize that I may have not been entirely clear with the 'not even close'. My house is worth much less than the $1m price point mentioned above.