Canada is losing tech talent and as a consequence, Canadian companies are trying to attract foreign talent to move north.
This is according to a report published December 2020, by Innovation Economy Council entitled Magnetic North: How Canada Holds its Own in the Global Race for Innovation Talent.
The COVID-19 pandemic has negatively impacted the Canadian economy, affecting three million jobs in the process.
Occupations in the information and technology sector also took a hit when Canada went into lockdown to curb the spread of the virus. However, unlike other occupations, STEM jobs have recovered spectacularly.