Canada Tech Brain Drain Intensifies as U.S. Trade Deal Looms Over Digital Sovereignty

Canada's tech industry is sounding the alarm as a staggering 517 U.S.-based tech firms are now led by Canadian founders who left the country, having collectively raised over US$400 billion in capital. The exodus isn't slowing down—it has more than doubled since 2023, jumping from 20 founders per year to 93 in 2024. As the National Post reports, this brain drain is accelerating precisely when Canada needs its innovators most.

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