A mass exodus has commenced in Silicon Valley. Last month alone, Oracle Corporation, Tesla Inc., Charles Schwab Corporation, SpaceX and Hewlett-Packard Company announced relocation plans. Amid the pandemic, companies and their employees realized that remote work offered an opportunity to improve their competitiveness and quality of life elsewhere. But they are not coming to Canada. Instead, they are moving to jurisdictions that actively recruited their entrepreneurs and employees.
Image: Chris Albinson is the Founder & Managing Director of BreakawayGrowth, a Venture capital firm with investments in Canada and the U.S. HANDOUT - https://www.theglobeandmail.com
