Anecdotally, the Amazon/Microsofts of the world pay "only" 30% less in Vancouver than they do in Seattle. I haven't confirmed but supposedly Salesforce no longer discounts.
And despite what the local fear-mongering suggests, these companies aren't just using Vancouver as an H1B parking lot - they are establishing real centers of excellence and hiring plenty of local talent.
All this to say is salaries take a long time to adjust, but local companies will learn they will need to pay more to compete.
Anecdotally, the Amazon/Microsofts of the world pay "only" 30% less in Vancouver than they do in Seattle. I haven't confirmed but supposedly Salesforce no longer discounts.
And despite what the local fear-mongering suggests, these companies aren't just using Vancouver as an H1B parking lot - they are establishing real centers of excellence and hiring plenty of local talent.
All this to say is salaries take a long time to adjust, but local companies will learn they will need to pay more to compete.