Tech
How The U.S. Lost Thousands Of High-Skilled Workers To Canada
On July 16, 2023 Canada opened visa applications for a pilot program that would allow up to 10,000 H-1B visa holders in the United States to apply for a three year open-work permit in Canada. H-1B holders are highly educated and specialized foreign workers that work in fields such as tech.
After massive layoffs in the tech industry, this was a lifeline for H-1B holders who needed to find a new job or face deportation. The program was an instant success reaching its full capacity on the first day.
Since then, the Canadian government says more than 6,000 high-skilled U.S. foreign workers have arrived in Canada. CNBC spoke with several foreign tech workers and immigration consultants to uncover the story of how the U.S.’s bureaucratic visa process pushed thousands of high-skilled workers north.
Chapters:
00:00 Introduction
01:25 H-1B program
05:38 Impact of tech layoffs
10:53 Reforming the system
Produced and Edited by: Sydney Boyo
Supervising Producer: Jeniece Pettitt
Editorial Support: Lindsey Jacobson
Animation: Jason Reginato, Josh Kalven
Additional Footage: Getty Images, CSPAN, U.S. Citizenship and Immigration Services, Government of Canada
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How The U.S. Lost Thousands Of High-Skilled Workers To Canada
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Chapter 1: What is happening – 01:18
Chapter 2: Why this matters – 03:05
Chapter 3: The future – 06:00
CREDITS:
Produced by: Robert Ferris
Shot and edited by:
Additional Editing: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, AP
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How China came to dominate the global EV factory boom
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Cisco Buys AppDynamics One Day Before Its IPO | Tech Bet | CNBC
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The AI race is shifting from who has the biggest model to who can run, control and deploy AI most effectively.
Perplexity CEO Aravind Srinivas joins to discuss the company’s new orchestrator model, why he’s building on open-source Chinese AI, and his argument that “token value per watt” may decide the next phase of competition.
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Together, the conversations get at one big question: in AI’s next race, will the winners be defined less by model access and more by cost, control and compute?
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AI’s Next Race: Cost, Control, and Compute
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Federal Reserve Chairman Kevin Warsh is floating major revisions to the central bank’s approach to assets, productivity, data, inflation and public communications. To achieve this, Warsh has created 5 “task forces” while soliciting interest from individuals outside of the Fed. This presents an opportunity for a small unelected group to influence the broader U.S. economy and value of U.S. dollars circulating globally. CNBC’s Matt Peterson reports.
Credits
Reporter: Matt Peterson
Produced and Edited by: Carlos Waters
Camera by: Charlotte Morabito
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Members of Congress are debating the future of AI regulation at a pivotal moment for the technology. In an effort to influence the next class of lawmakers, dueling super PACs backed by AI giants like OpenAI and Anthropic are pouring millions of dollars into the midterm elections. CNBC’s Emily Wilkins breaks it down.
CREDITS:
Reporter
Emily Wilkins
Produced by
Macklin Fishman
Additional Production
Karen James Sloan
Shot by
Mickey Todiwala, Fred Soffa
Edited by
Andrea Miller, Darren Geeter
Animation
Jason Reginato, Emily Park
Senior Managing Producer
Shawn Baldwin
Additional Footage
Getty Images
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@vonmatterhorn6656
December 17, 2023 at 4:16 am
My chemist friend who was the top 1% in top university in south east asia got his visa rejected .😂 He is now in germany and working for a big ass pharmacy research lab. I was wondering what the interviewer thought. We jokingly said he doesnt look smart 😂 so maybe white people dont trust his skills. So it s prob that he came from third world.
@SCORPIONKING88
December 17, 2023 at 4:16 am
Canada 🇨🇦 🍁 population is very low compared to UNITED STATES USA 🇺🇸 🦅💙
@lostinmuzak
December 17, 2023 at 4:16 am
Steal? Or benefiting from the idiotic American government which is bringing US down year by year. American companies should setup branches in Canada to employ these talented people.
@msf8297
December 17, 2023 at 4:16 am
i was on a student visa in USA for 10 years… collecting degrees bse i only got 1 year to work in between. i left
@TheMahayanist
December 17, 2023 at 4:16 am
Please steal me to Canada
Please.
@barbzfurbernie4560
December 17, 2023 at 4:16 am
Oh no! What are we going to do without unpatriotic aliens who send money overseas and vote to dismantle the country from within?!?!?
@xomarkxo
December 17, 2023 at 4:16 am
You guys steal our doctors we steal your techs
@ussreeves24
December 17, 2023 at 4:16 am
Germany & Japan also trying to atttract talent, seem most of the world except the US. US like to attract the no-skilled.. That is why the US STEM professors willing to share secret to the CHinese becuase they get treated with honor and of course it come with better salary.
@alexCh-ln2gw
December 17, 2023 at 4:16 am
Why isn't anyone addressing the elephant in the room? Indians know that they pile on lies upon lies in everything they do. Fake 20000 rupees PHD degrees, fake experience on resumes, they know that this is how they do things in India. After the recent mass layoffs, we now know they were only hired to lower salaries, not actually do any REAL work.
@alexCh-ln2gw
December 17, 2023 at 4:16 am
more lying. Indian workers are full of dishonesty hate and destruction. Canada can have them.
@simonac688.
December 17, 2023 at 4:16 am
The irony its American Co. paying less Americans working in Canada 😂
@user-ir7br1lw7r
December 17, 2023 at 4:16 am
캐나다는 미국이 키운 개
@edwinmarquez3768
December 17, 2023 at 4:16 am
They can keep them. America is a more desirable place to work. Stronger dollar, more cities, more employers and opportunities. The tech workers and immigrats use and abuse the system.
@drohi930
December 17, 2023 at 4:16 am
So,its an Indian problem basically
@jonnovember2136
December 17, 2023 at 4:16 am
No that is not true… #Canada 🇨🇦
@randomlee101
December 17, 2023 at 4:16 am
I am a full stack engineer with 6+ years of experience and I can neither get into the US nor Canada. Personally, I prefer Canada to US, it is more calm, the US has a harsh vibe to it, many things going on at once. I prioritise productivity over renumeration in the grand scheme of things and this can only be achieved with peace of mind.
@IpadIpsd
December 17, 2023 at 4:16 am
I’m Canadian and can’t get a Job , rent is high this is all nonsense
@khalidm5346
December 17, 2023 at 4:16 am
This video is complete disinformation. As a software engineer in Canada, I can attest you will be significantly underpaid compared to jobs in the US, and there's a shortage of tech jobs so you'll be among thousands of applicants per job. The cost of living is abysmal. If you are in healthcare it's a different story.
@gbrlrblx3150
December 17, 2023 at 4:16 am
THOUSAND TIMES I PREFER CANADA OVER USA::: LUCKILY I DONT HAVE THE NEED TO GO TO ANY OF THEM!! lol LIfe in USA is sad..no thx
@khaledbuffet467
December 17, 2023 at 4:16 am
Need to stop voting democrat. These are the immigrants we should be supporting. But they want the 'other' kind to get more votes and waste more money
@hfddsds4901
December 17, 2023 at 4:16 am
stop f**king coding, this country needs real industry that can serve ppl with high quality.
@hfddsds4901
December 17, 2023 at 4:16 am
the key is not about those company cant find americans doing jobs, but they want cheaper ones with lower costs. aftermath will be the crazy waves of outsourcing. what the country really needs are artists, chefs, hair stylists…who cant do jobs remotely, but in person. also america lacks huge of graduates from those fields.
@martyzeenyc1210
December 17, 2023 at 4:16 am
I graduated from two top 30 American institutions with BS and MS in business & data science. However, since graduation in May, I have not been able to find an employer willing to sponsor me an H-1B Visa even though I have had more than 10 interviews. The common concern amongst them was my foreign citizenship and the need for Visa sponsorship. Many small or medium size firms don't have the capacity to pay immigration lawyers thousands to hire one person. I have always wanted to work and live in the US and I am more than willing to pay high tax for the possibility of becoming a citizen one day. My only other alternative seems to be EB-5 which will require up to 5 years of processing time and around USD$1M investment… I hope the next administration makes it more possible for us international students to find work and home in the USA.
@hfddsds4901
December 17, 2023 at 4:16 am
u want to share the same right as american citizen because you have been here for 10 yrs and you pay taxes??
@hfddsds4901
December 17, 2023 at 4:16 am
canada doesnt even need that much workers, it's the kind of jobs could go outsourcing so easily
@Jay-ot1qw
December 17, 2023 at 4:16 am
US has arguably the most difficult and cumbersome visa process in the world. Any skilled worker who works in Canada can get his PR within 8 months, whereas in the US it takes 10-12 years, if applied in EB2 category. Applying in EB1 category needs approvals from the employer, which again curtails the freedom of individuals and puts them at the mercy of their employer, though the applicant is fully qualified. Stamping of visa is another Herculean task, with months of waiting time in US consulates in countries like India.
@AbirHossain-mv6rp
December 17, 2023 at 4:16 am
Lesson – Respect your migrants
@TheEnigmaProductions
December 17, 2023 at 4:16 am
Wakanda forever
@ghostman3329
December 17, 2023 at 4:16 am
Hmm ..
@nekowishyouagoodsleep6575
December 17, 2023 at 4:16 am
Compared to Canada’s open PGWP policy and score-based immigration system, US employer-sponsored H1B visa program and green card application process is a pure legal exploiting.
@dneth19
December 17, 2023 at 4:16 am
As usual the USA is screwing themselves up with their leftie "diversity" policies. But tbh Canada cannot even be compared with the US for a long term career/earning potential and economic prosperity for individuals. As soon as they receive their PR, you can see most of them go back to the States.
@rejoanbary2155
December 17, 2023 at 4:16 am
The world is seeing a rise in inflation and cost of living due to the Russia-Ukraine war and this is leading to the living conditions in many countries to deteriorate.
@jianshao3165
December 17, 2023 at 4:16 am
One of the ridiculous things in US green card application is that if you fail to submit 485 in one year after your priority date becomes current, you can't apply for h1b extension anymore. That is why I have to be forced out of USA to Canada.
@jamesschoi87
December 17, 2023 at 4:16 am
Don't worry. They are gonna come back to the US whenever they get a chance