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Ryan Strome

Canada loses 71,200 jobs in the biggest drop in employment in a decade

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Coding is outsourced all the time. Anyone who thinks differently is seriously misled. There's a website called fiver for example which is just that - why pay an AWS specialist 100k a year when Rajbinder in Bangalore India will do it for 30k a year. Software development is no more immune to this than tech or any other industry that can be done remotely/outsourced. 

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7 hours ago, Tortorella's Rant said:

Coding is outsourced all the time. Anyone who thinks differently is seriously misled. There's a website called fiver for example which is just that - why pay an AWS specialist 100k a year when Rajbinder in Bangalore India will do it for 30k a year. Software development is no more immune to this than tech or any other industry that can be done remotely/outsourced. 

I wouldn’t say misled.
 

American companies are outsourcing to Canada now for tech jobs and generally you’ll find start ups trying to outsource. But when the run into issues and a broken code base (which happens often when outsourcing), they eventually bite the bullet and go find someone in house. 
 

Also, with all these coding boot camps popping up all over North America, they could just hire someone for $30k in Canada vs outsourcing. 

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Chevron just baled from the Kitimat LNG project that was supposed to be a sure thing. And then there was one, Shells LNG Canada still going ahead so far. 

Edited by langlands

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5 hours ago, langlands said:

Chevron just baled from the Kitimat LNG project that was supposed to be a sure thing. And then there was one, Shells LNG Canada still going ahead so far. 

The federal minister comments yesterday hardly helps. IMHO what many are missing in the discussion of Canadian LNG is American competition. The USA built out their LNG over the past 7 years while BC lost  14 projects. The Trump corporate tax cuts have put their industry back into the game. They can get their projects approved. There should be no doubt that a USA-China trade deal will see LNG with favoured status. A cheap way for the Chinese to reduce the trade imbalances. 

 

The failure to capitalize more more on the LNG opportunity is a major set back. The loss to Canada in taxation is in the billions of $. The announcement by Enbridge that they would be building a deep water oil port in Texas is another example of Canadian companies investing outside of Canada. 

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