General Business Updates and News

[plam]

I disagree - it is obviously a trend, and an alarming one at that

It outlines that Canada is getting less and less consideration amongst Canadians on whether or not they want to set-up shop here, and the reasons are plenty - I read somewhere, need to look it up, that up to 70% of UoW grads in certain fields head to the US to either start a company or gain experience/employment

At the most recent Liberal convention an "exit" tax of $500K is gaining traction - this is for Canadians that want to leave the country and become non-residents, despite a departure tax already in place

US salaries have been significantly higher in CS-related fields, so yes, I have observed that about 70% of new grads in these fields go to the US. The vast majority do not start a company. They work for big tech firms and probably make $200k/year these days.

Given the current Liberal leader, there's no way that such an exit tax would pass. Sounds like fearmongering to me.