More than 150,000 tech workers have been laid off this year, and some believe it could be time for Canada to reclaim some of its talent
For every job lost in California – or Seattle or Austin, Tex. – there is a chance “for Canadians to come back and for global talent to move here,” said Dan Burgar, co-founder of Frontier Collective, a Vancouver tech industry promotion group. In Canada, “we’ll start to see startups being actually being able to scoop up some of this talent.”But the rounds of layoffs also stand to reaffirm the long-standing struggles for Canada’s tech industry in luring the country’s best and brightest.
The 4,882 applications for immigration to Canada under the Global Talent Stream program from January to October of this year are up nearly 70 per cent over the total for last year – and a more than 10-fold increase over 2017, according to statistics provided to The Globe and Mail by Immigration, Refugees and Citizenship Canada.
Canada can be an appealing alternative. Major U.S. tech firms have already opened offices in Canadian cities, which have the added benefit of sharing time zones with their U.S. counterparts. For many of those unable to find new jobs in the U.S., “if they can find a way to legally come to Canada, they would love that,” she said.
“Hopefully we’re going to see an opportunity to build more Shopify’s,” he said. To do that, however, will mean countering what he calls a “bifurcation of ambition,” where Canadians looking to do big things have traditionally looked outside the country.
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