Low compensation ranges here are in fact in part the fault of fed gov't policy. Industry freaked out about "labour shortage" and the government responded.
The database of LMIA (Labour Market Impact Assessment) applications is public. You can see for yourself how many thousands of software engineering jobs were filled this way. (Including by big "elite" tech companies like Apple, Google, Amazon, etc.) This was deliberate policy to bring in foreign talent from India, China, etc. in order to fill a "shortage" of us, which well, that shortage was less about "can't find someone" as "I can't find someone cheap enough."
In this case I don't actually blame Trudeau or the libs -- they're on the whole too stupid about our sector to understand that in fact these low compensation ranges harm our industry more than they help. I blame corporate interests who have the ear of the gov't and misled them into thinking that somehow this would make Canada "competitive" in information tech.
All it does is force good talent to leave the country, and encourage sweat shops to open up offering mediocre "IT" services.
We're subsidizing our own Canadian students to go through great schools like U Waterloo, etc. and then losing most of them the moment they graduate, as they go to the US on a TN1. And in exchange...
But in this case, yes, I think federal policy is directly implicated.
And in the meantime, housing prices have gone up exponentially. Housing in greater Toronto is more expensive than the Bay Area, but the compensation is far far lower.
I'm not one to blame Trudeau personally, or even immigration per se. I think there's a multitude of factors. But it's best not to deny the situation, which is that in the last few years there's been... problems... in the Canadian SWE labour market.
They are tools that "industry" lobbied for expansion of, and got. Have persisted through both Conservative and Liberal governments for decades, but was expanded markedly under both Harper and (especially) Trudeau.
I guess you’re trying to say there is no money there because of Trudeau ?
Relevant slides are #97 and #101.
Percentage of class with Full time positions outside of Canada: 71.5%
Median Total compensation for US positions is about double the Median Total compensation for Canadian positions.