Canada losing top talent as workers head to the U.S.
Key takeaways
- A new TD Economics report warns Canada is quietly losing highly skilled workers, entrepreneurs and STEM graduates to the United States through work visas, tech recruitment and stronger economic opportunities.
- ROGER: A new report from TD Economics argues Canada is quietly losing many of its most skilled workers, entrepreneurs and STEM graduates to the U.S.
- ROGER: Okay, how does this compare to the ’90s when we saw a brain drain then?
A new TD Economics report warns Canada is quietly losing highly skilled workers, entrepreneurs and STEM graduates to the United States through work visas, tech recruitment and stronger economic opportunities.
BNN Bloomberg spoke with Francis Fong, managing director at TD Economics, about how Canada’s tax structure, productivity challenges and lack of business scale are contributing to the country’s ongoing talent retention problem.
ROGER: A new report from TD Economics argues Canada is quietly losing many of its most skilled workers, entrepreneurs and STEM graduates to the U.S. The report calls it a “silent brain drain,” led by highly skilled professionals leaving through work visas, tech recruitment and stronger economic opportunities. Joining us now to discuss this is Francis Fong, co-author of the report and managing director at TD Economics. Francis, thanks very much for joining us.