The recent implementation of a US$100,000 annual fee for H-1B worker visas by the US administration presents a significant opportunity for Canada to attract highly skilled technology professionals. Immigration experts suggest this steep increase will make it financially prohibitive for many US companies to hire foreign talent, potentially redirecting this workforce northward. With Statistics Canada projecting nearly 47,000 job openings for software engineers by 2033, Canada’s more predictable pathway to permanent residency could become increasingly attractive despite recent immigration restrictions. Industry observers emphasize that acting quickly to reform policies for high-skilled workers could substantially benefit the Canadian economy and tech sector.
US visa fee hike creates a golden opportunity for Canada to attract tech talent
