Jonny5
Senior Member
To be honest, I don't... I was sort of taking a leap
Maybe it's more so in the arts and professional sports where the income differential can be enormous? I do agree it may be less so in other fields because people may opt for better Canadian lifestyle over larger salaries?
Don't forget about the currency exchange differences. There was a period in the 90's when the media was obsessed with the brain drain topic and that was the couple year period the Canadian Dollar was worth less than 70 US cents. That was an enormous incentive to go work there. Rates have changed quite a bit in the past 5 years and it is easier to attract talent to Toronto from the US now because of that. England too as Sterling is down a lot in the past few years.
It's funny you mention sports as I was just thinking about this in relation to the coming NHL trade deadline and all the talk about player salaries. They are all paid in US Dollars. It was that same time in the 90s several NHL franchises up and left Canada as the player's US dollar salaries were mostly level, but in Canadian Dollars they jumped 40% and the teams couldn't afford them with their Canadian Dollar revenues.
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