“Toronto should be an AI hub” but Canadians are too nice to go for gold
betakit.com
betakit.com
Business and employees here are universally perceived as suckers and ripe for fleecing which gives the country a poor reputation. The reality is that there are a lot of people here who are naive, but there are also many very skilled, experienced and capable people. Again culture clash.
Cost of living here is becoming almost impossible for the average person, with few places to go as most of the country does not have infrastructure to cope with those even there. There is a profound difference in politics and tolerance between cities and smaller town, so: yup, more culture clash.
While most of the world let inflation happen, Canada basically stalled inflation and placated citizens with cheap Chinese goods, and low interest rates. The result is that inflation is that Canadians are now priced out of their own country, inflation is accelerating and interest rates are creeping up.
In order to prop up profits and stave off economic collapse Canada brings in over 500,000 legal immigrants annually. The result is a massive strain on infrastructure which governments have been cost cutting for decades. Tensions are high and you can definitely see it in the moods and attitudes of people, especially on the roads.
Money parking and laundering are a huge problem here with little enforcement. Foreigners are buying property as fast as they can to aid in immigration applications and to hide their money from their own governments. The result is that property values have skyrocketed well beyond the reach of even tech sector workers.
Canada has some maturing to do and decisions to make like investing in the future rather than simply relying on population growth.
From what I know shopify appears to be the exception to the rule and has grown to have a real international company in spite of being Canadian. So I belive Lütke is a credible voice in criticizing Canada's business culture.
1. They are not nice. They are timid. They can bitch behind your back.
2. Extreme fear of standing out. Extreme risk aversion. No startup pockets where investors are hanging out to invest a seed round in "just an idea".
3. No competition in the markets. Oligarchies rule the roost.
4. Low quality immigration from India gone crazy. If you are close to GTA, every single system will fail due to the massive amounts of low quality workers from India entering through fraudulent systems.
5. Everything is more expensive and lower quality than the US.
6. Healthcare is non existent unless you have a terminal disease. Nothing works.
So the vicious mix of low energy citizens with low quality immigrants makes Canada the most overrated country in the "developed world."
So Canada can only rely on immigrants for these jobs, many of which are immigrating to Canada as a stepping stone to the US anyway, and which Canada seems better about actually letting them naturalize.
What's interesting is we oppened a sattelite location in Toronto and it was a completely different experience. First thing people asked coming into interviews was about relocating to the US and if we could sponsor their visa. The demographics also skewed heavily toward recent immigrants to Canada.
The irony was, the Toronto location was opened specifically to house developers that simply couldn't pass the higher bar for US immigration.
I have worked with some Montreal based developers before who I think would never consider the US because they were native French speakers and preferred that in their day-to-day. Curious if there are other major factors
That's what I assumed as well (lack of familiarity with the language or perceived bad language skills) until I realized that someone who I had assumed was a native English speaker was actually a native French speaker.
The word "nice" is not found anywhere in the article, which is good because it's inaccurate