Canada’s tech sector has a brain drain problem

Employment is growing across Canada’s economy, but nowhere near the rate of the tech sector. Jobs in STEM jumped nearly 200,000 since the pandemic. Specifically, jobs in computer systems design are up 22 per cent. It’s good news for skilled tech workers, but not for small to mid-sized Canadian tech companies. That’s because big American tech companies are scooping up Canada’s top tech talent. And with the rise of remote work, competition is even stiffer.

Matt Lundy is an economics reporter and Josh O’Kane is a technology reporter at The Globe and Mail. They explain why Canadian tech companies are struggling to compete, what it means for Canada’s tech industry and what needs to be done to retain Canadian talent.

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