331–340 of 424 posts
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Multinational companies are quite capable of opening offices in places where labor and cost of living is cheap. If they have trouble bringing people to the US, it's a bigger incentive to do so.
Great, they are free to open offices there then. Good luck to them!
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…
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?
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Where "best" = "cheapest", true.
Get off the entitlement high horse! what you snidely dismiss as "cheap" is what companies can afford to pay. Most businesses aren't FAANG and treading water mostly. Would you apply the "no shortage if you pay enough" argument for housing, healthcare or education etc. ? Sauce for the goose == sauce for the gander
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…
I've also lived in Toronto and Vancouver. Did the obligatory move to work as a software dev in California and now live in Australia. The fact is that tech salaries in Canada are still much lower than the US while the cost of living, especially housing, is still very high, for Vancouver and Toronto in particular. Not to mention the lousy winters. Spend any time browsing /r/vancouver or /r/toronto and you'll quickly re…
It's inconclusive at best, and misidentifying the major causes in this complicated crisis could hurt any effort to alleviate housing pains.
Money laundering does happen in BC, and some of the proceeds do go into higher end housing. One can argue the restrictive zoning and ever-increasing costs and hurdles to new developments are orders of magnitude more influential on the market than the hot money. We have heavily left-leaning councilors in Vancouver that vote down any rental property project, solely to prevent private parties from making any profit.
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?
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It doesn’t happen via salary, it happens via stock. Work at a big co over the last decade or so and you’ve seen salary increase at 10% year or so and stock increase much faster. It’s very common for senior engineers in the Bay Area to be earning 175k salary, ~30k bonus, and another 150+ in stock vesting per year. High performers and/or workers at FAANGs do better than that. See levels.fyi for concrete examples. The w…
This is the problem, stock from a few years doesn't house my family or feed my kids. Stock to me is almost as fairly tales as it can be, the few times I received stock as part of my salary it basically evaporated. In the real life, to people that need money each month to survive, stock is a bad joke.
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That might be useful for aircraft, but not cars or the grid. Batteries are already cost competitive with peaking power plants and prices just keep dropping. Run some numbers and you find batteries are surprisingly cheap at grid scale. Grid solar is already tied into the grid and does DC>AC conversion anyway as part of it’s 2c/kWh pricing. So, rather than AC>DC>AC>DC you can just use solar panel’s AC power directly. W…
What about the cost of transporting the energy from where it's generated (say Nevada) to where it's needed (say New York) ? EDIT: I think for that use case you'll find that a reasonable technology doesn't exist for transporting electrons over that distance (I don't think there are any superconducting transmission lines in actual use) but pipelines have been around for a long time.
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I moved to Toronto, then to SF. Thought I'd also share my anecdata here. I used to make ~100k/yr CAD (75k/yr USD) when I was in TO around 6 years ago. I bought a house around 7 years ago for 550k. I did a remote stint for a Boulder company for a couple years (~120k/yr USD working from TO), then moved to SF (~200k/yr USD + ~100k/yr equity). I'm a bit out of the loop w/ TO salaries nowadays, but your 170k CAD definitel…
$170kCAD for an experienced engineer in Toronto is touching the upper ranges, but 5 years ago that number was at $120CAD. You are seeing higher than 170k at some companies and I know of people working remote for SV companies at very good salaries. You’re right about equity, though. Something happened in the last 2 years in particular that has caused salaries to skyrocket (trump policies taking effect?). If you have a…
I don't have experience w/ the public school system in Toronto yet, but I can say preschool definitely seemed to be one notch higher in TO than SF. In TO, my kids' school tuition included meals and they did STEM activities. In SF, you need to provide lunch, and curriculum-wise, it feels more like a glorified daycare w/ arts&crafts projects.