I don't understand why all countries require startups to have investment. For one, most tech start ups don't need significant investment and can be boostrap. The average 30 year old has enough saving to get by for a year or two without any investment. I feel require investment is really a cruft of the past and shouldn't be a necessity for visas.
Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
81–90 of 177 posts
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#82One of the worst things about tech in Canada is that the salaries are ridiculously low compared to the US. I made 2-3x as much by moving to California and then another integer coefficient greater than one when I moved to New York. But really, I want to say this: as a Canadian, I find that image of poutine extremely offensive. What is that yellow stuff on top, Curry? Are those even proper cheese curds? They're not mel…
I don't understand this. If the "average" engineer in SV makes 120Kish, then the same engineer is making 40K in Canada? And they can make 240K in NY (with no additional experience)?
Are those number correct?
If they are: I'd note that salaries in Australia are more closely aligned with SV salaries than Canadian. Just in case anyone is looking to move somewhere...
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#83A lot of the talk is on SRED credits. SRED is a large part of the credit program for startups in Canada. Though it's not as simple as "Canada pays 80% of your salaries" You can get up to (off the top of my head) 75% of salaries paid back on hours worked "advancing technology". That means it's only for true R&D. That means UI, business logic, API, App anything, expenses, costs, etc... don't count. It's only for when y…
They're similar to Canadian tax credits, but can give you up to 25-32% cash back, and are a fair bit more lenient on what passes audits (at least compared to the horror stories I've heard from Canada).
Feel free to get in touch with me to find out if/how you can get some of that in the UK.
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#84One of the worst things about tech in Canada is that the salaries are ridiculously low compared to the US. I made 2-3x as much by moving to California and then another integer coefficient greater than one when I moved to New York. But really, I want to say this: as a Canadian, I find that image of poutine extremely offensive. What is that yellow stuff on top, Curry? Are those even proper cheese curds? They're not mel…
I don't think this is much of a valid criticism, since most people in the States can also move to SV/NYC and make 2x or 3x their current salaries as well. Hell, those cities probably have the highest numbers (so ignoring CoL) than most places in the world.
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#85Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#86One of the worst things about tech in Canada is that the salaries are ridiculously low compared to the US. I made 2-3x as much by moving to California and then another integer coefficient greater than one when I moved to New York. But really, I want to say this: as a Canadian, I find that image of poutine extremely offensive. What is that yellow stuff on top, Curry? Are those even proper cheese curds? They're not mel…
> I made 2-3x as much by moving to California and then another integer coefficient greater than one when I moved to New York. I don't think this is much of a valid criticism, since most people in the States can also move to SV/NYC and make 2x or 3x their current salaries as well . Hell, those cities probably have the highest numbers (so ignoring CoL) than most places in the world.
It's not a valid criticism if the gov. footing 80% allows these companies to now offer SV/NY competitive salaries. Which I suspect will happen if they do it right (both the governement and the entrepreneurs).
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#87I'm currently a beneficiary of SRED in a startup context in Canada. The first thing to note is that it doesn't solve many major problems. The lack of development talent is the biggest one; trying to get someone to move from California to Canada isn't something that's solved as simply as offering more money. And in my experience (as a recent graduate), the talent that would have studied computer science or has an inte…
> The lack of development talent is the biggest one My opinion is that it's less about lack of talent and more about hiring being hard (in general).
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#88One of the worst things about tech in Canada is that the salaries are ridiculously low compared to the US. I made 2-3x as much by moving to California and then another integer coefficient greater than one when I moved to New York. But really, I want to say this: as a Canadian, I find that image of poutine extremely offensive. What is that yellow stuff on top, Curry? Are those even proper cheese curds? They're not mel…
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#89Earlier quoted context omitted.
interesting site, plugged in Victoria Canada (city my company is in) and numbers seemed a little off for rent currently listed in craigslist. +170% on website more like +300% from quick look in craigslist. also doesn't factor in time commuting, quality of life, avg hrs worked per day, etc... would love to see a pay breakdown $$ / hr worked (at office).
OT, but how is Victoria as a city to run a tech company in? I lived there nearly a decade ago and enjoyed my time - I still think about returning some day.
Re: Canada's Pitch to Tech Entrepreneur: We'll Pay 80% of Your Salaries
#90I'm currently a beneficiary of SRED in a startup context in Canada. The first thing to note is that it doesn't solve many major problems. The lack of development talent is the biggest one; trying to get someone to move from California to Canada isn't something that's solved as simply as offering more money. And in my experience (as a recent graduate), the talent that would have studied computer science or has an inte…
Local companies are not "big of a name" enough for career advancement (aka resume padding) and do not pay nearly as well either for entry level positions (50k vs 70/80k - taxes).
Furthermore I have heard of local startups that relocate or migrate down to SV for some period of time to fund raise or experiment before pivoting/failing/moving permanently to the US or their talent leaves during their time there.