Truro News

Face to face

Trudeau looks to lure talent, capital north in San Francisco visit

- BY JORDAN PRESS

The employee roll at Ben Zifkin’s Toronto-based startup is set to double over the coming year to handle the increase in users of his free service, a business-based social network known as Hubba.

He knows he faces internatio­nal competitio­n for top talent, including the establishe­d tech ecosystem in Silicon Valley.

Prime Minister Justin Trudeau was to make a pitch to that talent on behalf of prospectiv­e employers like Zifkin during his discussion­s Thursday in San Francisco, including face-to-face meetings with the head of Amazon and ebay.

On offer is a rapidly growing tech sector in places like Toronto and Kitchener-waterloo with companies that require executivel­evel expertise to compete with Silicon Valley rivals. Canada has also invested millions to attract top talent and researcher­s away from other countries.

Rana Sankar, Canada’s consul general in San Francisco, says the goal of Trudeau’s visit isn’t to lure talent away from the region, but ensure that Canada has a voice in what has become the epicentre of the new economy.

“We are here not to steal jobs from Silicon Valley,” Sankar said in an interview this week. “We are here to co-create with the tech sector here.”

Two years ago when Trudeau took office, Canadian expats who were veterans of Silicon Valley talked to The Canadian Press about the difficult sell their home country faced. In California, salaries, sunshine and venture capital were all abundant, and the profession­al culture was more advanced.

However, they also spoke longingly about bringing that culture back home to create the same kind of success in Canada that they experience­d in California.

“The valley is great, but it’s actually not my No. 1 place where I’m trying to bring talent from,” Zifkin said. “It’s hard to pull people out of that.”

Donald Trump’s ascendency to the White House made the pitch a little easier. Trump’s tough talk about trade deals and immigratio­n changed the political climate in the United States.

“The political climate has obviously made Canada more attractive because we’re more diverse, we’re more welcoming and we’re more open, so the pitch is much easier,” said Lekan Olawoye, who leads the venture talent developmen­t division at the MARS Discovery District in Toronto.

Companies like Microsoft and Amazon have invested in staff in Canada to get around the American visa quotas for overseas workers, said Chris Sands, Director of the Center for Canadian Studies at John Hopkins University.

“Canada has been a safety valve for these big companies that are able to bring people from Asia and elsewhere into Canada.”

In a paper published last month co-authored by Olawoye, MARS researcher­s suggested Canada rethink its pitch to top tech talent. Instead of promoting itself as a place to settle, companies and government­s needed to sell the virtues of regions and cities.

Trudeau is likely to do just that when he sits down face-to-face with Jeff Bezos, Amazon’s top executive, as his company decides whether to make Toronto home to a second headquarte­rs.

 ?? CP PHOTO ?? Prime Minister Justin Trudeau speaks to students at the University of Chicago.
CP PHOTO Prime Minister Justin Trudeau speaks to students at the University of Chicago.

Newspapers in English

Newspapers from Canada