How are things in Toronto?

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Most domestic companies are doing so-so, but due to the fact that salaries in Canada lagged the US and the low Canadian dollar, there has been an uptick in companies looking to nearshore work from the US to Canada. I was just contacted by a recruiter for a US company as they are looking to set up a team in Canada to handle some of the support work for their US business. Economically, I feel that Canada is ahead of the US in this economic cycle as we have started to cut rates, and things will improve when we get the immigration levels in alignment to economic needs.

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I think Canada being treated as a low cost call centre or being reduced to doing low level support functions for US companies is a damning indictment of our leadership and policies in place. It is a catastrophic fall from grace over the last 10 years…

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Plenty of jobs in my line of work (insurance) and able to double my comp since the outset of Pandemics. Interest rate is going down and so is my mortgage payment. Things are looking good.

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