84 karma · joined July 5, 2016
The Ontario Teachers' Pension Plan (OTPP) in Toronto, Ontario, Canada is currently laying off over 100+ (union, management and contractor) IT folks from the Enterprise Technology Solutions (IT operations) and Testing teams. All of the affected positions are being transferred to Tata Consultancy Services (TCS - India based offshoring service company), with those who are affected being mandated to knowledge transfer with TCS up to the January 31, 2017 termination date.
While there have been internal assurances that no other teams are going to be outsourced in the near future, I wouldn't recommend applying for any IT based roles at OTPP.
Full disclosure - I currently work for, and am affected by this outsourcing.
http://www.benefitscanada.com/news/ontario-teachers-to-outso...
http://www.salesforcesearch.com/bid/147571/How-Does-a-U-S-Co...
Just don't try and pay employees without doing the proper paperwork with the Canadian government (or use a PEO to do it for you):
http://www.pwc.com/ca/en/services/tax/tax-tracks/episode-59-...
If an employer only has one or two Canadian employees though, they may want to go via the self-employed route I mentioned in an earlier reply.
https://medium.com/inside-formstack/working-remotely-for-an-...
Unless the US company wants to set up a Canadian corporation / subsiduary, and issue you a T4 and withhold (and pay half of) your EI and CPP (or pay some an external company to do it for them), odds are you'll be working as a self-employed consultant / contractor and sending them invoices for your services. The one US company I've interviewed with so far said this is the way they handle paying foreign workers.
A word of caution, you'll want to make sure - for both your sake and your employer's - that the CRA doesn't view you as an employee if you're claiming to be a self-employed contractor (penalties would apply.) I'd recommend reading more about it here (with links to CRA's site in the article), and discussing this with your accountant before signing an offer:
http://www.taxtips.ca/personaltax/employees/employeevscontra...
I'd also suggest your offer be explicit in matters of control over work, ownership of tools, and other items that could make the CRA feel you're an employee versus a contractor.
https://johnlewis.ie/neutering-the-developer-mode-screen-on-...
Not for the faint of heart, but at least you only need to do it once...
http://finance.yahoo.com/quote/IBB?ltr=1 http://finance.yahoo.com/quote/XBI?ltr=1
https://twitter.com/oectagovernor/status/768170531468095492
Sadly, this has resulted in no visible changes to the decision.
The OTPP fund is currently at $171.4 billion (all figures in Canadian dollars) as of December 2015, with $13.2 billion in surplus funding as of January 1, 2015. Makes you wonder why they'd go through this kind of cost cutting, doesn't it?
While there have been internal assurances that no other teams are going to be outsourced in the near future, I wouldn't recommend applying for any IT based roles at OTPP.
Full disclosure - I currently work for, and am affected by this outsourcing.
(edit - adding article for those interested in details) http://www.benefitscanada.com/news/ontario-teachers-to-outso...
The biologist notices that one of the zebra are entirely white, and exclaims, "Wow! Look at that – it’s a completely white zebra! This is an incredible scientific discovery!"
The statistician then responds, "Well, it’s only one zebra out of millions – it’s statistically insignificant."
The computer scientist then sadly laments, "Oh no! A special case!"