Facing a skills shortage and skyrocketing costs in Silicon Valley, more U.S. companies — such as Amazon, Google and Facebook — are going to Canada to tap tech talent and open satellite offices.
According to recently released Department of Homeland Security data, there were 10% fewer H-1B visas issued between October 2017 and September 2018 than in the year before, continuing a downward trend of visa issuances since President Trump took office.
President Donald Trump signs an executive order to try to bring jobs back to American workers and revamp the H-1B visa guest-worker program during a visit to the headquarters of tool manufacturer Snap-On on April 18, 2017, in Kenosha, Wisconsin., which reduces visa application times from 10 months to two weeks in a variety of IT and STEM-related fields, such as computer engineering and digital media design.
According to an Envoy Global survey, which surveyed 405 U.S.-based HR professionals and hiring managers, U.S. companies are taking notice of Canada's more inviting policies with 65% saying that Canada's immigration policies are more favorable than America's. It also found that 35% of respondents are sending more people to Canada and hiring more foreign nationals in the country, while 38% say their organization is considering expanding to the country.
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