U.S. Tech Workers Earn 46% More Than Canadians, Fueling Brain Drain Concerns

U.S. tech workers make 46% more than Canadian counterparts on average, according to a new study from Toronto Metropolitan University.

The wage gap is partly due to more U.S. tech workers being full-time and working the full year compared to Canada.

U.S. tech workers also get higher equity holdings, refresh grants, and incentive pay than Canadian tech workers.

The study found gender and racial wage gaps in both countries, with women and minorities earning less than male and white/Asian tech workers.

Brain drain of Canadian tech talent to the U.S. remains a concern without action to boost salaries and investment in the Canadian tech sector.