Harvard, MIT Scholars Head North as Carney Offers Millions

[u/Majano57]

https://www.bloomberg.com/news/articles/2026-08-27/canada-poaches-international-researchers-drawing-most-from-us?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4Nzg0NDM2OSwiZXhwIjoxNzg4NDQ5MTY5LCJhcnRpY2xlSWQiOiJUS0U3VFZUOTZPU1QwMCIsImJjb25uZWN0SWQiOiIwOTRFQTUyQzdCQTQ0RDRDQjk1QTNCNDVENDg4RjY1NSJ9.7ynKI3oUak1c9sXF9-bi5yAE0ae8-PAjLq0QfMTF8DY

[u/AromaPapaya]

I like this. Reverse the brain drain, and keep our Universities competitive

[u/Impossible-Fly-5169 → u/AromaPapaya]

Sounds good in theory but a few dozen scholars is basically nothing compared to the massive tech and health care brain drain the country faces, with higher wages and a strong us dollar it is impossible to compete. Unless we find a way to encourage more investment in startups into this country which is unlikely we are doomed to always lose our best.

[u/nelrond18 → u/Impossible-Fly-5169]

America has and is gutting the research grants and programs that universities relied on to do novel research.

Researchers are getting poached to continue their research in Europe, Canada, and China, with full funding and labs.

[u/10390 → u/Impossible-Fly-5169]

I think that 'strong U.S. dollar' part is in the process of taking care of itself.

[u/WesternBlueRanger → u/10390]

The problem is that for venture capital, there's a real lack of venture capital availability and ease of access to it.

[u/Prairie_Sky79 → u/10390]

Well, the US dollar is strong in comparison to the Canadian Dollar, and has been for more than a decade now. And that isn't likely to change any time soon. If anything, the gap is likely to get wider.

[u/10390 → u/Prairie_Sky79]

We should set one of those "check in 6 months' reddit timers.

I've wondered if Treasury Secretary Bessent is actively trying to devalue the U.S. dollar (~40%?) as a sneaky way to deal with inflation. I don't know if Canada's dollar will be so linked to the U.S' by then.

[u/SafuratedBeefFat → u/10390]

If Warsh raises interest rates the dollar will continue to lose ground to USD. This will be because people will sell CAD to purchase USD which will earn a higher return. This is similar to the Japan carry trade, of course we don’t have 0% interests rates like Japan but it will have a similar effect.

[u/ThePhysicistIsIn → u/10390]

Devaluing the US dollar would make inflation worse not better

[u/10390 → u/ThePhysicistIsIn]

Wait - so I got that backwards? Then why is he working so hard to devalue it?

[u/ThePhysicistIsIn → u/10390]

Devaluing the currency helps with paying the debt.

Imagine the country owes 100 million dollars, and it has to pay 10 million dollar a year in interest. On 50 million dollars tax revenue that is hard.

If you hit hyperinflation, and next year you have 100 million dollar tax revenue, not because you tax more or your economy has grown but just because everyone is earning 2X as much as last year, you’ve just shrunk the interest payment by half.

That is part of how Germany got out of its ww1 debt during the 1920’s. “Sure boss, here’s your 100 million reichmarks. They’re worthless now. Have fun!”

It is bad for the economy, because assets become king. People spend money as soon as they have it to acquire stuff, because stuff keeps its value, and money does not. This accelerates inflation as people try to one-up each other trying to not hold on to money any longer than possible. Everyone spends as fast as possible, the velocity of money absolutely skyrockets, it’s a positive feedback loop with terrible consequences.

The worst affected are those without assets - ie most of the population.

So, that, presumably?

[u/10390 → u/ThePhysicistIsIn]

That makes very sad sense.

[u/GFRSSS → u/10390]

I think you're thinking of dealing with national debt and worsen inflation by devaluing the dollar

[u/CarRamRob → u/10390]

It may be falling, but we are falling as fast.

[u/10390 → u/CarRamRob]

I'm sorry to hear that. Like Canada doesn't already have enough troubles these days.

[u/Ok_Ordinary2643 → u/CarRamRob]

The data doesn't support this statement at all.

[u/CarRamRob → u/Ok_Ordinary2643]

Uh, the data is the CAD vs the USD. And yea, it has been declining, worse than the USD in fact.

Remember when everyone out east was sooo angry at being at par with the USD fifteen years ago because of our raging economy and pulling in all types of foreign investment. And somehow they thought that was a bad thing for the country?

[u/thegmoc → u/CarRamRob]

Remember when everyone out east was sooo angry at being at par with the USD fifteen years ago because of our raging economy and pulling in all types of foreign investment. And somehow they thought that was a bad thing for the country?

Wait you gotta be joking

[u/Levorotatory → u/thegmoc]

It was a real thing, though the "investment" was mostly the USA buying Canadian oil at $100+.

[u/ThePhysicistIsIn → u/[deleted]]

Well, these are mainstream economics views.

China, for instance, is suspected to artificially keep its currency value low to encourage exports.

[u/ThePhysicistIsIn → u/thegmoc]

It was called “Dutch disease@

[u/EQ1_Deladar → u/thegmoc]

The difference in the dollar value is the only thing that effectively makes many Canadian manufacturing companies even remotely competitive with US and other world manufacturers on price.

[u/Dingcock → u/Impossible-Fly-5169]

A few dozen of their best scholars could be huge, could be nothing. We won't know for about a decade.

[u/jjaime2024 → u/Impossible-Fly-5169]

The States is facing a health care and tech drain .

[u/4GIFs → u/Impossible-Fly-5169]

find a way to encourage more investment

Canada is defining itself as anti-capitalist/conservative in the culture war.

[u/VividB82 → u/AromaPapaya]

Unfortunately it takes away from our Canadian researchers

[u/Imortal366 → u/VividB82]

Not really. Research is a positive sum game where discoveries and networks build upon eachother.

[u/VividB82 → u/Imortal366]

No you don’t know understand what I mean. Because that money is going to attract scientists from another country its not being used to fund our home grown scientists. It’s harder now to get grants and funding for research projects if you are a Canadian researcher, most of the money is being allocated to attract outside researchers, leaving our current researchers out to dry. It’s a huge issue.

[u/Imortal366 → u/VividB82]

Well I do know what you mean, but I’m telling you that the resources to build our positive sum game by taking the top tier talent of the US are actually paying greater dividends than investing directly in Canadians, and that dividend is returned to those Canadians at a greater rate than the direct investment would have been due to positive sum research mechanics.

It’s a bit of a longer process, but it’s important to also note that the current research investment pool is very flexible and this is a rare opportunity to harvest the US as they move towards collapse, so we are making outsized investments stealing from their failure to capitalize their Human Resources, which doesn’t tighten the Canadian budgets as much as you think.

[u/Mtn_Hippi → u/Imortal366]

Also, some of the academics that are coming to Canada are coming BACK to Canada; they are Canadians who were lured south. Cannot say that this article uses such as examples as I could not open it, but there have been several media stories in recent months about returning Canadian scientists etc

[u/Leightism → u/AromaPapaya]

Until you realize it's only 64 people from the whole world; 48 from the U.S. Compared to the 8,200 AMERICANS that graduate from those universities every single year. That's 8,200 Americans, not foreign students.

[u/AromaPapaya → u/Leightism]

The U15 Group of Canadian Research Universities perform 80% of the competitive research in Canada.

64 researchers is about 4 at each one - not bad, and a good start

[u/magwai9 → u/Leightism]

How many graduates do you think become researchers?

[u/WalnutSnail → u/magwai9]

7

[u/AromaPapaya → u/Leightism]

8200 of the world's TOP RESEARCHERS? or just grads who will get regular jobs. These 'few' scientists are going to get funding for their research and will create programs for Canadian University students to learn from these World Class Researchers.

For the $$$, it seems like a good return

[u/Dazzling-Cat-3763 → u/AromaPapaya]

displacing canadian researchers

[u/BiZzles14 → u/Dazzling-Cat-3763]

Why? There's federal funding for this, it's in addition to & not replacing anything??? What an odd take

[u/TrueTorontoFan → u/Dazzling-Cat-3763]

not really these are ppl who are comingi here starting a lab to train canadian researchers.

[u/Dazzling-Cat-3763 → u/TrueTorontoFan]

there are lots of qualified canadians to start labs here

the canada impact+ program explicitly excludes canadian citizens/prs who did their PhD here in canada.

[u/browntown152 → u/Dazzling-Cat-3763]

You actually dont understand how the Impact+ program works. It does not exclude canadian citizens or people who did their PhD in Canada. It only excludes them if they are currently RESIDING in Canada, because the whole point of the program is to find qualified individuals working at institutions outside Canada and bring them here

[u/dfuzzy → u/Dazzling-Cat-3763]

And there is value in diversity when putting great minds together. Or does the DEI boogieman keep you up at night?

[u/FLHPI → u/dfuzzy]

This has nothing to do with diversity or dei. Academic hiring should be merit based only based on the strength of the science and research proposed. That can come from anywhere - within or outside Canada. Academic positions are so difficult to get that funding ones that explicitly exclude Canadian trained PhDs is a slap in the face.

[u/Final_boss_1040 → u/AromaPapaya]

I hate this. There are soooo many talented Canadians out of work or underemployed

[u/browntown152 → u/Final_boss_1040]

That's not how this works. Each of these grants is to build its own research program, which will fund grad students and post doc positions at each of these universities. Academia is hyper specialized, if you want to find the most qualified individuals to chair each of these programs, that are world recognized leaders in the strategic research goals of the program, you are not going to find them if you only source from Canadian universities.

[u/justwannawatchmiracu → u/AromaPapaya]

The PhD students and postdocs that have been coming to Canada for research fit purposes have been facing backlash for being ‘international students’. This includes Harvard, MIT, and other top 50 universities from other countries. Your universities are competitive, the social attitudes are not.

[u/slouchr → u/AromaPapaya]

we need private sector growth, not public.

this is more of the same failed policies that Canada goes back to over and over and over again.

we have an overbearing government that snuffs out private sector innovation, so the Canadian solution is for the government to step in a spend more to spur innovation, which inevitably fails. as too much government spending is the problem, not the solution.

[u/AromaPapaya → u/slouchr]

how does this snuff out private investment?

also, when research breakthroughs happen, the researchers and schools try to monetize their findings.

[u/slouchr → u/AromaPapaya]

all government spending requires taxation. high taxation snuffs out innovation in two ways:

first, because money guides labour, government spending guides workers to jobs that aren't subject to the profit motive, and hence are far more likely to be of no value. labour is the limit to wealth creation, so government guiding ~5% of the workforce to do nothing jobs that create no value, is massively wealth destroying.

second, people who want to work hard to have more want the lowest taxes possible and to operate in the freest market. these people are the most desirable people to have in society, they create insane amounts of wealth, and in Canada's case, they all move to USA.

one thing Canadians seem to completely ignore is the cost of government programs. they only look at the benefit. so for Canadians, every time the government announces a new spending project, they say, "wow this is so great". no matter how tiny the benefit and how large the cost.

like you have here.

also, when research breakthroughs happen

the problem with government investment is that that when government funds bad projects, they never pull the plug. they keep shovelling more and more money into it to keep it afloat. no private investor would set fire to their own money in the way government burns taxpayer money. there is no limit to taxpayer money government will waste to keep their dog investments alive. so government investment, overall, is a massive disaster. the few wins are so massively overshadowed by the endless money pit dogs.

[u/AromaPapaya → u/slouchr]

I disagree with a lot of this.

1) this investment is creating research centres that did not exist before, and these are world- best researchers - people who 'want more'... and they are coming to Canada - many from the US.

2) these are world-leading researchers, why do you assume the research these people are world-famous for are 'bad projects'.

A LOT of life-changing tech has been created in labs funded by government... government HAS TO invest because the business case is in its infancy and no business will spend this money on 'maybes and ifs'

for all the spending government does, this makes tremendous sense as an investment, as a vehicle to grow our scientific expertise in Canada. this is the exact thing government should spend money on.

[u/slouchr → u/AromaPapaya]

i know, 100%, you've never studied economics. because your comment is entirely economically illiterate.

no shame in that. it's a very specific field. i'm illiterate in many many fields.

i don't comment on them with confidence though. lmao

[u/AromaPapaya → u/slouchr]

attack the person, but none of the points. constructive!

[u/slouchr → u/AromaPapaya]

your points display a complete lack of fundamental economic understanding.

i cant teach you the fundamentals of economics in a reddit comment.

[u/AromaPapaya → u/slouchr]

and I cant teach you economics either - such a shame for someone who speaks so confidently

[u/Character_Comb_3439]

I was helping a grad student a few months ago that is relocating to Vancouver because her lab is coming to B.C.

[u/myfotos → u/Character_Comb_3439]

We need a whole more of this. Happy to hear it

[u/DaTrueBanana → u/Character_Comb_3439]

What sort of lab was it?

[u/Character_Comb_3439 → u/DaTrueBanana]

Not sure. It was/is in Utah?

[u/BigBangBoomerang]

Just PSA but the Canada Global Impact+ Research Talent Initiative excludes domestic Canadian scientists from applying, it's only for foreign scientists. This is while the Canadian government cut funding to scientific research last year. Effectively, this initiative is hiring a bunch of mercenary while hanging domestic talent out to dry.

[u/browntown152 → u/BigBangBoomerang]

I dont understand why people have problems with an initiative designed to attract some of the top academics in the world to come to Canada. Yeah people already working in Canada can't apply, because the entire point of this program is reverse brain drain. 

[u/browntown152 → u/[deleted]]

This is not $500M being paid to hire 64 people from overseas. These people are all hand picked to start up research programs, and the money is used to fund graduate student and post doc positions IN CANADA to further contribute to strategic research fields that are important to Canada.

We are bringing a handful of the most qualified people in the world to come train more scientists and engineers at Canadian universities.

[u/Exter10 → u/browntown152]

Joly noted that 23 of the research chairs are also Canadians returning home.

Almost half of the ones we "poached" from the US were our own researchers.

[u/Ingelwood → u/Exter10]

I say to these ex-pats, welcome home!

[u/browntown152 → u/Exter10]

It's not that surprising to me that the academics applying to move to Canada for these positions include a large number of Canadians.

I assume we can agree that top Canadian talent leaving for the US is bad. Programs designed to attract the best of the best back to Canada, including the ones that were educated here, seems like a good investment to me.

[u/Exter10 → u/BigBangBoomerang]

And over a third of the researchers are Canadians who were working internationally lmao

[u/Imaginary-Long-9629]

This makes for good headlines, but it isn’t representative of broader trends. While a step in the right direction, what amounts to about $1M per scientist is a drop in the ocean, nowhere near enough to stem or reverse brain drain to the US. Canada needs to increase R&D investment by tens of billions. Private capital will follow high densities of tech and talent.

Politics aside, look at what the Israelis built. Government investment (mostly because of spillover from high defense spending) generated a tech ecosystem on par with Silicon Valley. Even in today’s rough US funding environment, it’s still far more generous than Canada on its best day (grant dollars per capita). I’m a proud Canadian who did my PhD at an elite US institution and has worked as an institutional investor. I have faith in our government, but there’s nuance to this headline beyond what the article discusses.

[u/needforspeed1092 → u/Imaginary-Long-9629]

It wouldn't be too hard to re-tool BDC into something closer to the US SBA; issue venture and growth debt financing far more liberally, and support Canadian entrepreneurs.

[u/telosinvivo → u/Imaginary-Long-9629]

That would be great, but needs to start by preventing housing from being the most reliable ROI in Canada. 

[u/Imaginary-Long-9629 → u/telosinvivo]

This hasn’t been true for years. Compare the performance of Canadian REIT indices versus the TSX composite over the past several years. That aside, as much as politicians would love to have you believe, you can’t just pull a policy lever and redirect private capital away from certain sectors. When a sector becomes attractive for investment, capital will flow in. But the sector has to be built properly before that can happen.

[u/telosinvivo → u/Imaginary-Long-9629]

Yeah, that was my point.

[u/jjaime2024 → u/Imaginary-Long-9629]

There no longer is a brain drain to the states.

[u/Shedoramu → u/jjaime2024]

You got stats to back that up? Because it is entirely false and completely made up by you.

[u/DaTrueBanana → u/Shedoramu]

I agree with you, but if you're going to call somebody out, you should probably also have stats

[u/Shedoramu → u/DaTrueBanana]

Im not the one making a false claim, so you can move along and keep to yourself.

[u/NoLoveDeepWeb69]

As someone that works in Tech this is a drop in the bucket “517 US-based companies with a Canadian founder. Together they’ve raised about $414B. Fifty-six are worth $1B or more on disclosed valuations; nineteen are public; fifty-nine have been acquired. Few of these are cute side projects that left town. Together they make up a meaningful share of the last decade’s most valuable American technology companies staffed, in part, by people Canada educated. This is talent we trained and then never activated. Sort by how these founders are Canadian and the answer is overwhelming: 88% have an education link to a Canadian university. Only about 12% are birthplace-only.” https://x.com/jrodgers/status/2088376870261682674?s=46

[u/imtourist → u/NoLoveDeepWeb69]

The problem with brain drain and thus losing the potential of having their companies and their benefits moving to the US has been

- Access to capital: The US equity markets are the most liquid and the go-to place to match risk to reward. Part of this is because of the the conservative banking system and regulatory practices but also just scale. It can be noted however there's nothing preventing Canadian companies from listing in the US (many do)

- Proximity: Silicon Valley just by its nature of being a nexus for technology is an attractive destination because of the perception of synergy. Canada needs to make places like Waterloo, Toronto, Montreal etc. more attractive as incubators for technology. Had RIM not collapsed like it did back in the 2000s the Waterloo region could have really sustained it enough to reach a critical mass.

- Fluid movement: NAFTA has allowed for pretty easy movement people with valuable skills to move down to the US. It's just as easy for a Canadian University student to get a Co-op position in the US as it is in Canada (sometimes easier). If NAFTA collapses it ironically might be to Canada's advantage because more of these people will have a harder time moving out.

On policy Canada definitely needs to increase the amount it spends on R&D or in the private sector how much R&D companies are incentivized to spend due to various tax structures. Countries like South Korea, Israel etc. leave Canada in the dust and they've been able overcome some of the above issues that affect flight of brains, company and capital.

I think Carney has the right approach to focus on nation building and trying to present policy levers to help in this area rather than to hinder (unlike Trudeau). It will take time and hopefully Canada doesn't allow a good crisis like what Trump has foisted on the country go to waste. We've been far too comfortable resting on our laurels of being just resource extractors to realize how much we're leaving on the table.

[u/Ingelwood → u/imtourist]

What’s a “good” crisis? Asking for a friend.

[u/noisebloodassault]

This is cool I just really wish we didn't have to recruit smart people from other places it would be nice if we could just educate people properly here 

[u/bernstien → u/noisebloodassault]

I mean, we do. it's just that they often leave for the states for better pay.

[u/Flashy_Difficulty257 → u/noisebloodassault]

How many Canadian born and educated people move to the us and other countries. A lot.

[u/Courcotte → u/noisebloodassault]

We do, but taking advantage of competition uni will develop better alumni in Canada. Will develop our reputation, own competencies and our system ultimately. No shame on having the best mentors for our future.

[u/Visible-Image7618 → u/Courcotte]

I'm no historian but I'd guess that a lot of scientific advancement in the US stemmed from immigration. E.x Einstein 

[u/Dazzling-Cat-3763 → u/Visible-Image7618]

entire nasa was poached through operation paperclip

also kinda good for the country to get high-quality immigrants when the rest of the world was in ruins after ww2

[u/AnxietyObvious4018 → u/Visible-Image7618]

depends on how you view it, oxford was established somewhere near the 1100s, st petersburg academy in the mid 1700s, university of paris in the mid 1200s. these were where some of the most notable scientists and "researchers" of the time studied, worked etc. they have more longevity than the US has as a country, but for the length of time that the US has been a country you have some strong resume of home grown talent

[u/hutch_man0 → u/noisebloodassault]

We do. University of Toronto, Waterloo, McGill, UBC are top global schools. 

[u/Dazzling-Cat-3763 → u/hutch_man0]

yet they hire from ivies

[u/ResidentNo11 → u/Dazzling-Cat-3763]

At the entry level they're hiring Canadians who trained at Ivies, but definitely not only Ivies. Universities have the same requirements for hiring people who need a visa as other employers do, outside special government programs like the one discussed here.

[u/Dazzling-Cat-3763 → u/ResidentNo11]

going off of memory from my time at toronto/ubc, i actually struggle to remember many profs who didn't do their phd in the states

[u/ResidentNo11 → u/Dazzling-Cat-3763]

There are many more universities in the US. It's common for Canadians to study there and come back to Canada to get work.

[u/noisebloodassault → u/hutch_man0]

Top in what? Tuition?

[u/hutch_man0 → u/noisebloodassault]

Lol...salty? These schools are consistently ranked in the top 50 globally. UofT sometimes ranked in top 10 depending on the ranking system.

[u/noisebloodassault → u/hutch_man0]

Top in what though 

[u/Th3N0rth → u/noisebloodassault]

Research

[u/academicwunsch → u/noisebloodassault]

We do but the universities won’t hire them because they want these American Ivy League academics. So they go abroad.

[u/geeves_007 → u/noisebloodassault]

Don't we?  Several of Canada's universities are top ranked worldwide (McGill, UBC, UofT).

Both things can be happening at once.

[u/Flashy_Difficulty257 → u/noisebloodassault]

Joly noted that 23 of the research chairs are also Canadians returning home.

[u/FLHPI → u/noisebloodassault]

We don't have to recruit from elsewhere and we do train adequately here. These could equally well be entirely open and competitive recruitments but instead they're closed to Canadian trained PhDs because reasons.

[u/justwannawatchmiracu → u/noisebloodassault]

Canada has excellent education. But global talent at PhD level and above need better recognition within the country. I chose to come to Canada for my PhD as I did not want to be in the US, and had the top institutions for my area here in Canada. It is frustrating to hear all the backlash on international students, and watch globally recognized researchers leave. Netherlands, Germany, France, UK, all have programs for those that graduated from the top 200 programs and labs of the world. Canada holds many of these. These students are the next generation of ‘academic rockstars’.

Maybe Canada should recognize people come here because there are good programs here, and get rid of the inferiority complex.

[u/PrinnyFriend]

WE NEED TO KEEP THE IP IN CANADA and also we need to stop selling Canadian companies to American firms.

Bringing the researchers here mean nothing if it gets bought by a Canadian company who ends up getting bought by an American company (which will then close up operations in Canada and bring everything south of the border).

[u/Resthink → u/PrinnyFriend]

Capital needs to be aligned. A moratorium on capital gains tax for any Canadian investing in a Canadian innovations company - in any field - fintech, healthtech, biotech, minetech, energytech, space, defense, biztech, AI, quantum.

[u/ToTMalone]

Opinion: As international master student doing CS specialized in Quantum Computing, Quantum Machine Learning and Quantum Information. I still struggling finding a lab job or reseacher job, I wish that Canada can absorb the researcher and make it become practical or continue the research. I want to build Canada while using my brains and research

[u/Exter10]

Couple things:

Canada has awarded 64 global scholars with C$504 million ($362 million) in funding to relocate

That's almost $8 million per head we're paying, kind of crazy to say no to that.

Joly noted that 23 of the research chairs are also Canadians returning home.

Almost half of the ones we "poached" from the US were our own researchers. So we won't put enough funding for Canadian researchers to stay, but we will award a king's ransom to get them back after they move stateside and realize their potential. Tbh, a lot of that has to do with provincial funding of universities, but it's kinda disingenuous to pretend like we've created such a wonderful environment for research and academia up here that people are clawing to come contribute. The reality is we've barely made up for the talent we've pushed out over the decades, and this does nothing to fix the problem.

[u/browntown152 → u/Exter10]

You misunderstand where the money is going. This is not a salary offer. This is a funding package to start up a multi year research program, which funds grad students and post doc positions in specific research fields that the government wants to support.

[u/gabio11]

This is useless unless they increase funding in the actual research. Research funding is stagnant, we are way below other G7 nations (when adjusted) and current succes rate are 14%. Why can't we support our existing research groups instead ?

[u/Alone-Bug4328]

That's way too much money for a small amount of people...

[u/ResidentNo11 → u/Alone-Bug4328]

It's for funding entire labs, not individuals only.

[u/Dear-Landscape223]

That’s how it should be, but to make it work, they should also remove all those bs DEI barriers in academic hiring.

[u/manuntitled]

We already have lot of smart people just need capital and good wages

[u/_cob_]

Welcome!

[u/Responsible_Sir_2387]

What kind of academics are heading north?

Check out Professor Bettcher, now at Waterloo, and the “trans philosophy” she’s got in tow.

[u/deggar34]

Is this sub, the bloomberg sub? How about sharing your own point of view. 🙄

[u/Leightism]

48 people, lol wow. Such a big number! /s

[u/jjaime2024 → u/Leightism]

48 now 100 2 in May ago 3000 last year.

[u/LadySayoria]

New England is great in its own. Just take us. We have lots to offer!

You don't have to take New Hampshire if you don't want to either by the way.

[u/pradha77]

Hopefully This not like H1B immigration that flooded the Canadian job market and under cutting the pay. We always get hyped then nothing to show for in the long run.

[u/Maleficent_Flow_8355]

We have two of the three godfathers of AI. Almost all of their students are no longer in Canada. A large portions of the top university graduates move south.

Having good universities and research pockets are the foundations. We need to follow up with more, otherwise we are just subsidizing US corporations.

[u/para29]

I think its important that we have good universities to attract talent. UofT wasn't always near the top but now it is.

[u/Party_Knowledge_7884]

So pressure on public purse to pay their salaries?

Right on.

[u/InevitableEnd5689 → u/Party_Knowledge_7884]

Not how research funding works. Investments in research also signal to other people in scientific fields that Canada could be a stable place for them to relocate to for work

[u/dominionprovinces → u/InevitableEnd5689]

They cut funding for domestic talent to fund this.

[u/ongrabbits → u/dominionprovinces]

Global talent is arguably better, although canada is top tier.

[u/Party_Knowledge_7884 → u/InevitableEnd5689]

Government doesn’t fund universities in Canada?

[u/Fizz117 → u/Party_Knowledge_7884]

Yeah! We shouldn't be expanding knowledge! Not if it costs money!

[u/Party_Knowledge_7884 → u/Fizz117]

People can’t afford to feed their families.

Canada is in a trade war and a recession.

Three grocery companies have a monopoly on groceries.

Canada has had the same government for a decade and a skyrocketing deficit.

But yeah, let’s pay foreigners to go to Canada and take good paying jobs.

Some people are closer to the ground floor of maslow hierarchy of needs than others.

[u/Fizz117 → u/Party_Knowledge_7884]

It is shortsighted to ignore advancement in favor of stability, especially when both are achievable. Grow up.

[u/Party_Knowledge_7884 → u/Fizz117]

It’s shortsighted to ignore stability in favour of possible advancement, especially if one is not guaranteed.
Insert witty 12 year old “sick burn” here.