skip to main content
Back to all blog posts

Posted in: News | StartupSource Categories

May 11, 2017

A “Trump Dividend” for Canadian Tech?

We’ve written in this space about the potential implications of a Trump presidency for Canada’s startup ecosystem. With Trump’s first 100 days in the rear-view mirror, a recent New York Times article reviews some of those implications and forecasts a “Trump Dividend” for Canadian artificial intelligence and technology companies.

The Times article argues that this “dividend” is in the form of human capital, as high-tech talent surges into Canada in response to American migration policy and other political developments. The Times notes that applications to Canada for student and temporary visas surged post-election. The article points to companies like Uber and Ross Intelligence opening branch hubs in Canada as examples of this effect, and applauds Canada’s “well-funded” programs for attracting and retaining a high-tech workforce.

Canada’s commitment to the mobility of talent, as exemplified by its Global Skills Strategy (which launches June 12, 2017), is quickly becoming a market advantage for the Canadian sector, and it appears the market is responding.

Related Categories

Related Blogs

Posted in: Startup | News

Insights StartupSource
Toronto Ranks as Fastest Growing Tech Market in North America By Shannon L. Corregan Aug 29, 2017 The development of a highly-skilled labour market is key to success in the tech field. For that reason, Canadian entrepreneurs had cause to celebrate the CBRE’s annual Scoring Tech Talent Report, which ranked Toronto as the fastest-growing tech market in North America.

Posted in: News

Insights StartupSource
Google Invests in Canadian Artificial Intelligence Talent Apr 05, 2017 Last week, Google announced the opening of a new artificial intelligence lab in Toronto. Concurrently, it announced an investment into the Vector Institute, a public-private institute affiliated with the University of Toronto whose goal is to develop and commercialize both AI talent and new conce...

Posted in: News

Insights StartupSource
2017 Federal Budget Supports Innovation Economy Mar 28, 2017 On March 22nd, the Canadian government unveiled its national budget for 2017. Billed as the "innovation budget," the budget is part of the federal government's Innovation and Skills Plan, a strategy for supporting startups and growth companies across the nation's manufacturing, agri-food, cleante...