2. The sucking sound from Canada
Companies in and around Toronto have seen a surge in international job applications over the last year — a majority from the U.S., according to a new survey. The number doubled and tripled in some of the companies, the result of a deliberate Canadian campaign to attract tech workers from the U.S. and around the world.
Why it matters: The spike in applications and hiring added data that suggests Trump's immigration crackdown is resulting in a loss of tech workers to Canada.
The details: The survey, carried out by MaRS, a tech hub in Toronto, had a relatively small sampling — 55 companies. But its target — tech-oriented companies — hit the much-coveted professionals courted by Canada, France and other countries since Trump began throwing up obstacles for foreigners working and studying in the U.S.
By the numbers:
- 53% of the companies said their international applications grew over the course of 2017, and 45% hired one or more of them.
- In multiple job offerings, most were from the U.S., followed by India and then China. As for those hired, 55% were from the U.S., 23% from China and 9% from India.
- These were largely tech workers — 47% of them were engineers, 24% data scientists and 10% researchers.
The big picture: Asked why they were applying to Canada, 61% of the companies cited the country's Global Skills Strategy, a new program that expedites work visas and permits in 10 days.