By Danielle Bochove Bloomberg Thu., Feb. 7, 2019 The Trump administration’s stance on immigration is providing an opening for Canada to lure high-tech talent and investment away from Silicon Valley, Toronto’s mayor said. “People from India and places like that are kind of uncertain about what would happen if they went to the United States,” John Tory said in an interview at Bloomberg’s Toronto office. “We’re saying: ‘No, no: how fast can I get you the visa?” In addition to trying to capture global tech investment and brain power that would normally be headed for the U.S., Canada is also looking to entice expatriates back home from Silicon Valley, helped by social policies that includes up to 18 months parental leave, Tory said. While the U.S. has clamped down on high-tech visas and banned immigration from several mostly Muslim countries, Canada posted its biggest surge in immigration in more than a century last year. It has sped up the processing of visas for high-tech workers and has seen a jump in students coming into the country from abroad. Tory’s comments were echoed by Paddy Cosgrave, the Irish co-founder of Collision, a technology summit that will be held in Toronto for… Read full this story
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