Fortuneยท2025-09-23 20:22Core Insights - The tightening of the H-1B visa program in the U.S. is expected to drive tech jobs to Canada, as companies seek to retain skilled workers affected by immigration issues [3][4][8] - Canadian cities like Vancouver and Toronto are positioned to benefit from the U.S. visa restrictions, potentially becoming more attractive for tech companies [4][10] - The Canadian government has been proactive in attracting foreign tech talent, offering high-skilled temporary visas and no per-country limits for permanent residence [11][14] Group 1: H-1B Visa Program Impact - The recent announcement of $100,000 fees on new H-1B applications could lead to more tech jobs relocating to Canada [3] - Indian and Chinese nationals represent 85% of H-1B visa recipients, with many opting for jobs in their home countries instead of the U.S. [3] - The H-1B program has faced criticism for allowing companies to hire cheaper foreign labor, leading to periodic government pullbacks [8] Group 2: Canadian Tech Landscape - Canadian cities have seen growth in tech hubs, with Toronto being the third largest in North America, following Silicon Valley and New York [8] - The Canadian government has historically implemented policies to attract skilled workers, making it a favorable destination for U.S. tech companies [10][11] - Despite the potential for growth, there are concerns that Canada may not develop a domestic tech ecosystem comparable to Silicon Valley [12] Group 3: Future Considerations - The Canadian government's immigration targets have decreased, which may affect its ability to attract foreign tech talent [13] - A new work permit introduced in Canada for H-1B holders was quickly filled, indicating strong interest in relocating to Canada [14] - The long-term impact of U.S. immigration policies on Canadian tech growth remains uncertain [12][13]