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Canadas Brain Drain The Canadian economy is now being faced with a new struggle more so then ever called a brain drain If your not familiar with the term brain drain it is referred to as the emigration of highly qualified graduates from a post secondary institution primarily to the United States of America This brain drain is mostly caused due to higher wages lower taxes and greater job opportunities But not only graduates are crossing the border they are being joined with business owners and even corporate Canada They are being discouraged by high taxation are taking their money jobs and business elsewhere With our weak Canadian dollar being nearly half the value of the American dollar there really isnt much incentive to stay in Canada Is Brain Drain real Some people might think that the brain drain is nonsense That in the global economy workers are on the move coming in and out of not only Canada but also every other country that it is just a way of life Consider this in the 1990s Canada gained four university students for every one it lost to the United States This seems more beneficial to our economy however the Canadians that moved to the United States were two times more likely to hold a university degree than immigrants to Canada Abel 2000 This is a very strong statistic this also relates to individuals that proceed with their education after achieving a bachelors degree The number of masters and doctoral graduates alone entering Canada from the rest of the world is equivalent to the number of university graduates at all levels leaving Canada for the United States DeVoretz 1999 pg5 This trend tells us that even though we do get a number of students and talented minds from outside our country the overall number of our graduates leaving is greater then of those that are coming in Why Go The primary
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