Quote:
Originally Posted by Y2K_o__o
My current employer actually pays me in USD equivalent of stock options.
However, base salary here in Vancouver is comparatively lower than that in the US.
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As Trump's political and economic policies impact the market, you'll slowly start to see more and more tech companies out of the Bay Area make their way up to Canada (re: Vancouver) to take advantage of the talent pool, the exchange rate, legal fees, benefits, and what have you. This often leads to a lot of cash savings and reduction in operational costs for a business, leading to a healthy balance sheet for investors to drool over.
The limitation of H1-B visas being given to foreign nationals is becoming harder to come by. These companies (particularly start ups) will rock the boat in creating an overinflated market, driving salaries up for Vancouverites, and that will be the new class of people who will buy up our parents homes. A former colleague of mine left Vancouver for the Bay Area a few years ago, and is now back living with his parents because the industry he was working in imploded due to COVID. He did well, but a shame he lost his job due to COVID.