Canada Facing 'Brain Drain' As Young Tech Talent Leaves For Silicon Valley

An anonymous reader quotes a report from The Globe and Mail: Canada's best and brightest computer engineering graduates are leaving for jobs in Silicon Valley at alarmingly high rates, fueling a worse "brain drain" than the mass exodus by Canadian doctors two decades ago, according to a new study. The study, led by Zachary Spicer, a senior associate with the Munk School of Global Affairs' Innovation Policy Lab at University of Toronto, found one-in-four recent science, technology, engineering and math (STEM) graduates from three of the country's top universities -- University of Waterloo, University of British Columbia and U of T -- were working outside Canada. The numbers were higher for graduates of computer engineering and computer science (30 percent), engineering science (27 percent) and software engineering, where two out three graduates were working outside Canada, mostly in the United States. Nearly 44 percent of those working abroad were employed as software engineers, with Microsoft, Google, Facebook and Amazon listed as top employers.