Canada’s tech industry warns ‘entrepreneurs are leaving in droves’ for US – National Post
Canada’s tech industry is warning that the country continues to lose its best and brightest entrepreneurs to the U.S., an issue that has taken on new urgency as tariff threats have prompted Ottawa to try to diversify away from the U.S. economy.
This week, various tech entrepreneurs, politicians and economists began to weigh in on data that show just how big the problem has become. According to recent figures, there are at least 517 U.S.-based tech firms with Canadian founders — or, entrepreneurs who were educated in Canada but later left for the U.S. — that have together raised more than US$400 billion.