Re: Brain Drain

A while back I wondered out loud about the state of the Canadian Brain Drain.

I guess it ended some time ago.

From an embarrassingly old (in blog terms) article in Macleans:

Mintz points out that it wasn’t all that long ago that we were much poorer than the Americans. Just think back to the 1980s when our dollar was worth 69 American cents, inflation was raging, our real wages were dropping and our productivity was . . . well it was just embarrassing. “From 1987 to 1997 in particular, we had terrible economic growth,” says Mintz. “By the time we reached 1999, we were way behind the U.S. in per capita incomes and everything else.” Back then, he notes, the newspapers were packed with dire warnings of brain drain. Canadian incomes were so low compared to Americans, our best and brightest were fleeing the country.

Today, it’s the reverse, and families such as Eric Nay, his wife, Polly, and their son are moving the other way. Nay, who’s 41 and now works as associate dean at the Ontario College of Art & Design in Toronto, says he packed his bags and left his home in tony Monterey, Calif., for a new life in Canada two years ago. And get this: he did it for a bigger paycheque. “The academic salaries here are much higher,” he says. “When I was working as an assistant professor in California, I was making $55,000, but in Canada, that magically becomes $70,000.”

The article goes on to revel – a little to gleefully for this modest Canadian – in the recent reversal of fortunes between Canada and the United States.

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