>Sky high rents and low pay makes Canada a dud for tech workers: report
>A new report on North America’s tech hubs finds that Canadian cities have the highest quality tech labour coupled with among the lowest wages, making Canada an attractive destination for companies but less rosy for tech workers, who have to deal with sky-high rent and real estate prices in the tech meccas of Toronto and Vancouver.
>Affordable for companies, maybe, but less so for their workers. The report puts the average tech wage in Toronto at $47,210 USD, enough for 49th place when it comes to tech salaries, while Vancouver gets the distinction of having the cheapest labour of all 50 tech hubs, with an average wage of $45,401.
>The low wage, high rent combo could make it difficult for companies to hold onto high quality workers, however.
>“As soon as you want to start a family here in Vancouver, it’s like okay, can you do that on $80,000 to $120,000 a year less,” says Vancouver-based game designer Nels Anderson, to CBC News. “When the cost of living here is basically the same as San Francisco, that’s not really an option. It is extremely demoralizing.”
>Vancouver’s environment is particularly troubling, says Kaitlin Last, contributing editor to Better Dwelling, a millennial-focused housing blog, who figures that with the average condo in Vancouver costing $600,700, it would take an average tech worker 27 years to save for a downpayment. “With a situation like that, I’m not sure how long we can actually keep talented tech workers in Vancouver,” says Last. “After all, they’re just a hop, skip, and a NAFTA visa away from San Francisco.”
>>cantechletter.com
In Canada, it takes a highly skilled programmer 27 years to save enough money for a DOWN-PAYMENT on a Condo (aka it would take 300+ years to purchase a condo).
What the FUCK is wrong with Canada?
