Canada facing ‘brain drain’ as young tech talent leaves for Silicon Valley

Discussion in 'Canada' started by shockedcanadian, May 3, 2018.

  1. shockedcanadian
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    shockedcanadian Platinum Member

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    Canadians leaving in droves for opportunity in America. Canada has already slipped 3 places on global economic rankings, it will continue, I guarantee it.

    The result of state planning, near police state in which Rule of Law and individual rights are usurped by nepotism and rewarding low performers due to their "government position" in life.

    Canada facing ‘brain drain’ as young tech talent leaves for Silicon Valley


    Canada’s best and brightest computer engineering graduates are leaving for jobs in Silicon Valley at alarmingly high rates, fuelling a worse “brain drain” than the mass exodus by Canadian doctors two decades ago, according to a new study.

    The study, led by Zachary Spicer, a senior associate with the Munk School of Global Affairs’ Innovation Policy Lab at University of Toronto, found one-in-four recent science, technology, engineering and math (STEM) graduates from three of the country’s top universities – University of Waterloo, University of British Columbia and U of T – were working outside Canada.

    The numbers were higher for graduates of computer engineering and computer science (30 per cent), engineering science (27 per cent) and software engineering, where two out three graduates were working outside Canada, mostly in the United States. Nearly 44 per cent of those working abroad were employed as software engineers, with Microsoft, Google, Facebook and Amazon listed as top employers.


    The study, spearheaded and partly funded by Toronto-based tech firm Delvinia Interactive Inc., surveyed 3,162 graduates from 2015 and 2016 in 22 STEM programs at the three universities based on their LinkedIn profiles and select follow-up interviews.

    The findings come as a sharp contrast to recent developments suggesting Canada’s star is rising in the tech world.


    “I think policy makers should look at this as a bit of a wake-up call,” said Mr. Spicer, who said the study was the first scholarly effort to map out Canada’s tech brain drain. “When we see certain fields where upward of 65 per cent of a graduating class are leaving for the U.S., I think there should be concerns there that our homegrown companies aren’t even going to be able to access some of that talent. If we found in the 1960s that 60 per cent of our auto workers were leaving to work in other countries … we probably would have held a royal commission.”
     
  2. gipper
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    gipper Libertarian/Anarchist

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    Maybe not so bad for Canada, as they probably keep their Canadian citizenship and still pay Canadian taxes.
     
  3. shockedcanadian
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    shockedcanadian Platinum Member

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    No, we have a different system than the U.S, in fact, you guys are unique in this regard. Canadians working in America don't pay Canadian taxes at all since they didn't earn their income in Canada.
     

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