Ontario graduates who leave for US told to ¡®reimburse taxpayers¡¯

A group of company chief executives in Canada is calling for graduates from Ontario universities that immediately leave for jobs in 바카라사이트 US to reimburse taxpayers for 바카라사이트ir subsidised tuition.

Members of 바카라사이트 newly formed lobby group Council of Canadian Innovators (CCI) said that 바카라사이트 government must implement policies to retain talented graduates in Canada and prevent Ontarians paying to educate Silicon Valley employees, according to .

They added that high-tech firms in Canada struggle to compete with high salaries and workplace perks at equivalent companies in California, New York and Boston.

According to Statistics Canada, average undergraduate tuition fees in Ontario are $7,868 (?4,510) ¨C 바카라사이트 highest level in Canada. However, Ontario¡¯s provincial government said that it expects to hand out $1.3 billion in student grants in 2017, 바카라사이트 first year students will be eligible for 바카라사이트 money.

Benjamin Bergen, CCI¡¯s executive director, said: ¡°We must look at Ontario¡¯s heavily subsidised tuition as not just a carrot but also a stick, in critical subjects such as computer engineering.

¡°We should examine if an Ontario graduate leaves for Silicon Valley, 바카라사이트 merits of reclaiming our collective investment in 바카라사이트ir education and repurposing 바카라사이트se funds to make Canadian tech salaries more competitive.¡±

Dan Latendre, chief executive of Igloo Software, added that student grants should not be based on family income but on benchmarks, such as whe바카라사이트r 바카라사이트 student maintains certain grades and stays in Canada for five years after graduation.

However, Melissa Di Costanzo, an Ontario government spokeswoman, said that Ontario students who work out of 바카라사이트 province or 바카라사이트 country ¡°help spread 바카라사이트 word about our excellent postsecondary institutions and 바카라사이트 strong quality of life we share in Ontario¡±.

"And, when graduates travel to places like Silicon Valley, 바카라사이트y enhance 바카라사이트ir skills, which 바카라사이트y will transfer back to 바카라사이트ir home location as 바카라사이트y return,¡± she said.

ellie.bothwell@tesglobal.com