Canada faces a growing brain drain as talent heads to the US, attracted by higher wages and abundant tech opportunities. Industry leaders blame Justin Trudeau’s leadership for worsening the problem, with Shopify CEO Tobi Lutke and VC Boris Wertz criticizing economic policies that stifled innovation. Both highlight declining business investment and productivity per capita.
Optimism rises as Trudeau’s resignation opens the door to change. Wertz and Lutke see potential for 2025 under Pierre Poilievre’s leadership, urging reforms to rekindle innovation. Solving brain drain will require tackling systemic issues to restore Canada’s tech sector competitiveness.
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