Canada’s brain drain to Silicon Valley has been a perennial concern for the IT sector, but the flow has stabilized, according to LinkedIn Corp., even if it’s arriving at only a handful of destinations.
Large hub cities such as Toronto are the primary beneficiaries of what appear to be significant spikes in tech-based entrepreneurship and software talent, the company’s Talent Buzz 2016 found, and it’s too soon to tell if a Trump presidency will dramatically redirect the current.
In fact, the report found that entrepreneurship was Canada’s top growing job function, with the number of Canadian sole proprietors increasing by 13 per cent this year, followed by businesses with one to 10 employees, which rose 3 per cent.