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Canada’s Tech Brain Drain Crisis | Vancouver News

Canada’s Tech Brain Drain Crisis | Vancouver News

Published 1 week, 4 days ago
Description

Canada’s tech talent is fleeing in droves, with over 500 U.S. startups founded by Canadians raking in $400 billion—yet the exodus has doubled since 2023, now nearing 90 founders a year. Most are educated in Canadian universities, lured south by bigger investment pools, friendlier policies, and the magnetic pull of innovation hubs like Silicon Valley. Politicians call it a “five-alarm fire,” blaming taxes and lack of scale, while Canada scrambles to hold onto its brightest minds before they vanish forever.

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