We had 5 developers move to Canada.

They are being paid far above market value because they wouldn't agree to drop down to Canadian salaries.

Further, new hiring has shifted to Canada (we didn't hire devs in Canada at all) and there is a new office now because 5 devs is quite a few, as opposed to the single remote Canadian we used to have.

I suspect salaries are only gonna rise. At least the devs who moved from within our company are being paid well above local market value.