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U.S. immigration policy has been a boon for the tech industry in Canada

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Re: U.S. immigration policy has been a boon for the tech industry in Canada

#271

Post by cheese4242 »

eplanit wrote: post #250
thawaway1837 wrote: post #226

The drop from 92% to 75% isn’t the complete story, or even the more important story. The 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 h…

So, doing business in the US is only good for you if you hire non-US workers? Not a lot of sympathy for that, really.

Yep. If they don't want US workers, it seems the logical thing to do would be to move the business out of the US.

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#272

Post by safog »

zerr wrote: post #231
thawaway1837 wrote: post #226

The drop from 92% to 75% isn’t the complete story, or even the more important story. The 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 h…

Why your company and employee didn't start H1B to green card conversion process?

Doesn't matter even if they did because GC wait times for Indians are ~50+ years right now.

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#273

Post by tta »

frockington1 wrote: post #221
amf12 wrote: post #180

Earlier quoted context omitted.

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…

The parent was discussing max tax rate. As a software dev you would presumably be much close to the max rate than the average (at least in the US)

You appear to be misunderstanding the definition of "average" in this context. The first ~50k of your income is taxed at ~20%, the next ~50k is taxed at ~30%, and so on. The average of these percentages gets you to a ~39% average tax rate for 250k income.

Here's a detailed example (grep for "Average tax rate"): https://www.canada.ca/en/financial-consumer-agency/services/...

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#274

Post by safog »

eplanit wrote: post #250
thawaway1837 wrote: post #226

The drop from 92% to 75% isn’t the complete story, or even the more important story. The 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 h…

So, doing business in the US is only good for you if you hire non-US workers? Not a lot of sympathy for that, really.

How did you infer that from the post?

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#275

Post by commandlinefan »

Phanyxx wrote: post #24

Vancouverite 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 U.S. immigration situation is helping the Canadian tech scene

Well, India and China have even fewer immigration restrictions on Indian and Chinese workers than Canada does... why would Vancouver take San Francisco’s place rather than Mumbai or Shanghai?

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#276

Post by the_svd_doctor »

juskrey wrote: post #241
thawaway1837 wrote: post #226

The drop from 92% to 75% isn’t the complete story, or even the more important story. The 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 h…

Why did he go back to India to do that?

You cannot renew a visa from within the US

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#277

Post by cheese4242 »

tengbretson wrote: post #63

Companies that are nowhere near as successful as those in the US, developer salaries that are nowhere near those in the US. I don't think I get it.

There is a faction of oligarchs in this country who want to saturate the labor market for their own benefit. This is merely propaganda on their behalf.

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#278

Post by CountSessine »

8note wrote: post #133
kazinator wrote: post #129

Earlier quoted context omitted.

> The median salary in Vancouver is substantially lower than Sydney, and its property values are similar. Not that you actually own that property value in Vancouver. If you run away and go work somewhere else for a year, and don't rent it, you owe Vancouver a hefty empty home tax.

ideally you'd be taxed at a higher rate than that just as property tax, regardless of whether it's empty, being rented, or lived in

You still have to pay property tax - but you also have to pay an empty home tax on top of that.

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#279

Post by nine_zeros »

frockington1 wrote: post #222
nine_zeros wrote: post #202

Earlier quoted context omitted.

That is 2017. What happened in the last 4 years has a lagging and lasting impact

In the last 4 years the stock markets is up over 50% and unemployment has plummeted. This has resulted in salaries and total comp going even higher for everyone, and insanely higher for engineers. Living in the US likely became more desirable in the last 4 years

The same could be said about the stimulation spikes before 2000 and 2008. Short term gains != Long term sustainable industries.

Also, the gains have literally come because of the investment in smart immigrants in the 00s. That gave fluidity in the hiring market, allowing megacorps to expand rapidly while other countries couldn't. They just didnt have so many smart employees.

The impact of today's immigration policies will be felt 5 years from now

Re: U.S. immigration policy has been a boon for the tech industry in Canada

#280

Post by ripley12 »

brailsafe wrote: post #156
Phanyxx wrote: post #24

Vancouverite 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…

Vancouverite also here. I am happy to see regular salary listings at much higher than they used to be, and if this is the reason, that's cool with me! I believe Microsoft and Amazon are opening huge secondary locations here soon.

This is a strange comment to read as a Vancouverite. Amazon’s has thousands of employees for years now, they had 600 jobs open last I checked. Microsoft’s main downtown office has one of the most prominent locations in the city, plus a huge sign. Those huge secondary locations are already here.
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