Countries compete for FDI but they also compete for labor. Canada has high taxes, high costs and lower opportunities. They deserve to lose talent to countries who offer them a better deal.
There is, of course, a literal answer that few Canadians consider worth the price — yes, throw in the towel on sovereignty and join the US, so employers have access to a 10x larger market and aren't doomed to lose market & talent to US tech giants due to economy of scale.
Who cares? Trying to compete with the U.S. is a race to the bottom. If young people want to enter the capitalist thunderdome we should encourage them to go off to the U.S. and instead focus on raising a generation that isn’t interested in money at any cost. There are lots of opportunities in Canada (and other countries facing the same exodus) but they aren’t going to make people rich like the U.S. will. Canada can’t be more like the U.S. without being more like the U.S. Canada isn’t perfect but do the Canadian majority really wish they were more like the U.S?
Why would a Canadian who has options stay when the government shows time and time again that real estate should make more money than productive members of society, and that capital should be used to inflate assets than to invest in the country's future?
Not sure about all the other things, but in my experience if you found a startup and get American VC money, they more or less tell you to move the company to the US.
Then they start pressuring you to also move to the US.
Context: According to Our World in Data, as of 2024, one million people born in Canada <https://ourworldindata.org/where-do-migrants-live-and-where-...> live in the US, or about 2.4% of the 41.5 million total Canadians, while 260,000 people born in the United States <https://ourworldindata.org/where-do-migrants-live-and-where-...> live in Canada. The US's population of 338 million is eight times that of Canada's, so a Canadian is about 30 times more likely to move to the US, than an American is to move to Canada.
1.3 million Canadian-born live outside Canada, or about 3% of the Canadian population. 3.2 million American-born live outside the US, 1% of the US population.
The Canadian government's statistics as of the 2021 census (which the article cites) are slightly different: 794K Canadians by birth living in the US, 61% of the 1.3 million Canadian-born living abroad. <https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2026013...>
I can't keep track of these claims. I thought they were saying that Americans were the ones leaving the US to be free and prosper in Canada. What happened with that?
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[ 0.15 ms ] story [ 24.7 ms ] threadProhibit new dense housing and slowly start deconstructing the dense office space. At the same time, promote remote work with tax incentives.
Edit: Also, the population of Canada has grown significantly (see: Century Initiative)
As a percentage of total population, net migration is the same today as it was in 2011, and lower than it was 1991-2011.
Then they start pressuring you to also move to the US.
So seeing that startups get drawn
1.3 million Canadian-born live outside Canada, or about 3% of the Canadian population. 3.2 million American-born live outside the US, 1% of the US population.
The Canadian government's statistics as of the 2021 census (which the article cites) are slightly different: 794K Canadians by birth living in the US, 61% of the 1.3 million Canadian-born living abroad. <https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2026013...>