As a recent Waterloo grad, I can&#x27;t help but feel that the tech industry in Canada has been losing <i>a lot</i> of talent to the US, even from our own top schools. Just about everyone I know who&#x27;s good enough to have offers from US companies have taken the offers and left.<p>And it&#x27;s not hard to imagine why: the average &quot;highly competitive&quot; salary in Canada is pathetic compared to what you could be making in the US for a similar position.<p>I think Blackberry has been a prime example of a company hit by this. Even with the advantage of being literally next door to the Waterloo campus, most students I know treated it as nothing more than a &quot;safety&quot; in their co-op and grad job search. So in the end, the only students Blackberry ever had access to were the ones who weren&#x27;t good enough for the US companies, and the few good ones that didn&#x27;t want to go to the US for what ever reason.<p>I can&#x27;t see this trend slowing any time soon, unless Canadian companies start offering salaries competitive with companies across the border, rather than just with their other Canadian neighbors.