Here&#x27;s the situation:  The Canadian and Australian dollars have dropped to less than 70 cents against the U.S. dollar.  Both currencies used to trade at par.<p>So for 30% less money (make that 50%+ less if you reside in the Valley), you can hire remote tech talent that&#x27;s just as good as what you would get from inside the United States, that codes on the same time zone that you do.<p>The discrepancy between U.S. &amp; Canada in terms of technical salaries is almost absurd.  Baseline salaries in Canada already trend lower than the U.S., and now with the exchange rate the difference is eye popping:<p>- In Silicon Valley coding bootcamp graduates commonly land $80k-$100k+ jobs straight of graduation.<p>- While in Canada, it&#x27;s common for top bootcamp graduating salaries to be in the range of $30k-$50k, with many top programmers needing to wait many years before ever reaching $80k+ CAD... $56k USD<p>The savings are huge if you do the math.  Why aren&#x27;t more U.S. startups looking North?
U.S. startups: it's dirt cheap to hire skilled Canadian programmers right now