I think this is great news for countries like Canada and UK.
It's not doing really well though, COL is sky high, and wages are low.
I'm sure Canada will gladly accept highly skilled engineers.
The sort of high educated immigrants of the sort that would work in software engineering will not face remarkable headwinds.
You're right because that totally didn't happen to varying degrees in various industries in the US...
This insanity seems collective.
How so?
Open up studios in British Columbia and hire the relatively cheaper labour. It's on the same time zone as Silicon Valley. It's a no brainer.