Canadian program to attract tech workers from the US hits capacity after one day
cbc.ca
cbc.ca
The wages in Canada is low and cost of living is extremely high. In my hometown Toronto, even with tech salary you can’t afford to buy a condo, most condos are selling north of 700k CAD. It’s ridiculous.
In the end, this is another wealthy buying passport mechanism where they do their 3years to get the passport and then use the TN visa to move down south. There is too much wage disparity and cost of living. I will give you an example. Across the border near Niagra, a house in Buffalo costs 170k, here it’s 600K. Average software engineer in Canada makes around 100-120K, in US you can make double that (not to mention CAD is weaker than USD). You do the math.
IMO Canada needs to build more housing, more livable cities.
Price is a reflection of demand and supply. Price going up means supply isn't keeping up with demand.