Skilled, foreign workers and Welfare Seekers are giving up on their American dreams — and turning to Canada – April 01, 2018,
I’m just writing a short post to debunk the myth that it’s only skilled foreign workers that are coming to Canada. Michelle Mark wrote an article on the Business Insider INDIA of all places, that made it to MSN, which sadly enough paints a much different picture than the reality.
Skilled, foreign workers are giving up on their American dreams – and turning to Canada – MSN
The picture painted by Michelle Mark appears to make the argument that all the people immigrating to Canda, via Justin Trudeau’s open border plan are coming to Canada and only filling the skilled labor shortage gaps. Well, the truth of the matter is skilled laborers have been coming to Canada for years, the problem hasn’t been attracting them, the challenge has been retaining them. In the real world when you have a skilled trade, you’re services are in high demand and if you’re smart, while you’re young you’re going to try and make as much money as possible which typically means offering your talents or skills to the highest bidder.
So, what typically happens is some skilled tradesmen use Canada as their gateway to promote their skills and typically these skilled laborers will either stay or move to a country where they can make more money. Life is short after all, I have family and friends who are engineers and quite frankly, these men and women are at the point in their lives that they’ve made so much money that their lives revolve around doing what they want, and believe me when I say that Canada is not on their radar, primarily because we’re behind when it comes to innovation.
What I’m getting at in all of this, is that for the most part, Justin Trudeau’s immigration plans are attracting economic leeches. If you’ve followed my blog, if it’s one thing I’ve given praise to wit the former Liberal cabinets was their immigration policies, which were merit-based, now, my issue with Canada as always been over-regulations and minimum wages, which are repellents for innovators. Companies need to offer different types of pay packages in order to get certain big projects accomplished and it’s nearly impossible for innovative companies to do this in Canada, because our barrier to entry is high and our cost of living is ridiculous, primarily because we have too many amateur players in the commercial real estate market space, benefiting from CMHC.
Energy costs continue to rise as do taxes and Canada has a lot of existing price control measures in place. This atmosphere contributes to Canada’s slowing economy and this is why the productive people, for the most part, don’t make their headquarters in Canada, which of course leads to Canada’s brain-drain.
Canada facing ‘brain drain’ as young tech talent leaves for Silicon Valley – theglobeandmail.com
Canadian tech companies are attracting more overseas talent, but brain drain to U.S. continues – financialpost.com – A new government program to bring foreign talent in more quickly is working, yet Canada continues to lose thousands of highly educated, skilled people to the United States each year
This is common sense when you understand basic economics and the tradeoff a country gets, once it decides to be protectionist. Canada a great option, if you live in a third world country, but it’s a horrible option if you’re a skilled tradesman who was born and raised here. Do Native Canadians make god money here? Of course some do, but it’s important to understand that best and brightest have options, that a protectionist country like Canada can’t constrain, and just being honest, based on my observations, once most people leave Canada, for many of them, it’s hard to come back, because our economic protectionism, makes us a very bland people.
So, this is why we’re attracting economic leeches and of course, Canada isn’t alone in all of this, many parts of Europe has the same problem. Migrants want welfare and Canada similar to the U.S as a generous welfare state, but worse than our welfare state are our regulations, like the minimum wage which give rise to people having an excuse not to work or to turn to the government to do more income redistribution schemes. You’ll want to consider reading the stats Can website to fully understand that most of the job creation happening in Canada, revolves around service sector jobs, Crown Corporations(State-owned corporations, which give generous perks, for working for a state-owned corporation which is protected legislatively from competition) and public sector jobs. These industries aren’t very innovative don’t generate any real profits and are a burden on society if there’s an economic downturn because government workers get paid no matter what. Consider reading stats can, I understand that it’s boring, but it’s informative.
Service industries contributing to employment gains – StatsCan
Employment by province and industry, seasonally adjusted – StatsCan
In closing, Canada has always attracted Skilled, foreign workers, but Canadians shouldn’t make the assumption that the people Americans are rejecting are necessarily good for Canada or the Canadian economy, there are a lot of people that migrate into America from south of the border, who will work until they get their citizenship, or they’ll work but have so many kids that they end up getting more welfare out of the system than the taxes they pay into the system. Lastly, the U.S currency has more market value than does the Canadian dollar, which is why Canada needs to pay close attention to the welfare state as well as the value of the Canadian dollar next to the Greenback
Interesting times ahead.