News for residents of the “11th province”: Canadians abroad.
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Canada Goes Shopping for an EU Alliance
PM Mark Carney said Canada will start talks with the European Union on a "unique alliance" but will not be requesting membership in the bloc. The phrase story came to light after reports that Ottawa was exploring some form of associate status.
Carney said on Sunday that Canada and the EU share values, priorities and complementary strengths. He has asked his special envoy to Europe to explore the most ambitious options short of membership, according to the Wall Street Journal. This week he will visit Britain and France and address the European Parliament in Strasbourg.
The idea has come some way since an April poll found one in four Canadians wanted to join the EU and another 58 percent were open to discussing it (Voyageur 78). Canada's trade war with the United States has since deepened, giving Ottawa more reason to build ties elsewhere.
A Canadian passport is not going to get anyone into the EU arrivals lane anytime soon, but Ottawa is now wondering what might sit between trade partner and member.
Read more: Canada's National Observer / BBC News
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A photo from the old country:
Canada's Young Founders Head South
Nearly one in two Canadian company founders who raised more than a million bucks in 2024 are now based in the United States. It seems like Canada's talent pipeline is working, but the catch is where that talent ends up.
Canada lost about 65,000 residents to net emigration last year, according to Statistics Canada figures. Research from the Canadian Labour Economics Forum indicates that more than a few of those leaving are young, highly skilled workers.
The usual pull factors are bigger pools of capital, more customers and a tech scene built for scaling companies. Canada still has six of North America's top 15 tech talent markets, with Toronto in third place and Vancouver and Waterloo also in the top 10.
Plenty of Canadian founders now belong to the same diaspora as their customers, investors and employees. Looks like the brain drain has a cap table.
Read more: National Post