"Garnett Picot and Yuri Ostrovsky revealed based on data from 2016 that immigrants are 41.7 per cent more likely than Canadians who were born in Canada to either start a business or be self-employed.[...]Leaving aside self-employment, immigrants were found to be 30 per cent more likely to own a privately-incorporated business that provided jobs for others than were native-born Canadians."
And maybe even more important, from US data:
"Immigrants have started more than half (319 of 582, or 55 per cent) of America’s start-up companies valued at $1 billion or more,"
IIRC among AI related startups the number of immigrant founders or co-founders is even close to two-thirds. Attracting top tier human capital is pretty much North America's greatest advantage.
https://www.immigration.ca/immigrants-start-more-businesses-...
Not "in general, Immigrants formed corp more than Canadians born in Canada".
US is different. Cost of business in Canada is high due to red-tapes and lower RoI than US (plus less Capital to go around).
The romanticization of Indian programmers creating a successful tech company in Canada (just like they did in US) is just that for now, romanticization.
Indian, specifically Punjabis, done better as Entrepreneur in non-tech in Canada.
Hence, far fetched.
That's too far fetched. They're more likely to start a company in their own country than Canada.