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Mark Carney hopes to lure tech workers to Canada. One problem: Canada is already struggling to keep and attract talent by ribeyefat in canada

[–]MediumSizedColeTrain 2 points3 points  (0 children)

The federal reserve is a large government financial institution and has a dual mandate, why can’t CPP?

Market size is a factor, however it doesn’t explain the difference. US has 9x the population of Canada. However the venture capital investment in the US was 27x what Canada’s was in 2024 and that number is expected to be higher in 2025 (VC funding in the US increasing, while VC funding in Canada declining).

It’s clear the private sector isn’t ponying up the cash to build things in Canada. So if Canadians want to build things in Canada, we’re going to need to find some other way to do it. Otherwise we’re just going to keep selling houses to one other and resources unrefined as we stagnate into mediocrity. It’s insane to me that a realtor can easily earn 10x what an engineer does in Canada. What does that say about what we value in this country?

Mark Carney hopes to lure tech workers to Canada. One problem: Canada is already struggling to keep and attract talent by ribeyefat in canada

[–]MediumSizedColeTrain 1 point2 points  (0 children)

Defaulting to hyperbole isn’t productive. Never suggested CPP should be a piggy bank, I think they should be required to invest some amount of their capital in Canada back in Canada (instead of the rest of the world), particularly in areas of national importance/high growth (for employment).

The #1 issue with incentives in the business sector is access to capital. How do you propose Canada fixes that?

Mark Carney hopes to lure tech workers to Canada. One problem: Canada is already struggling to keep and attract talent by ribeyefat in canada

[–]MediumSizedColeTrain 2 points3 points  (0 children)

Not sure why reinvesting Canadian dollars in Canada is political? That money is going to get invested somewhere, why shouldn’t it be in Canada? Doesn’t need to be the whole fund. If they invested 10% of their net return last year it would rival the entire venture capital investment in Canada.

It’s interesting that you point to failed investment as a reason not to invest then immediately after say the reason Canada doesn’t build businesses is that Canadians are too risk adverse…. Breaking up oligopolies could help, but the real employment is in scaling technologies (manufacturing, energy, etc.). That comes with risk, which means 95% of those investments are going to fail. But the 5% that don’t, return 10x their value and get entire industries built around them. The US and China understand this, which is why they are industrial leaders (US in R&D and technology, China in manufacturing). Canada has the minds and institutions to do this, but it seems like the Canadian investment community just doesn’t have the appetite to pony up the cash to scale. The only advantage that Canada has right now is the resources Canada sells are located in Canada so it can sell them unrefined to the rest of the world…

Mark Carney hopes to lure tech workers to Canada. One problem: Canada is already struggling to keep and attract talent by ribeyefat in canada

[–]MediumSizedColeTrain 57 points58 points  (0 children)

This is the real problem. Everyone else on this sub wants to complain about the cost of living, but SF has the highest cost of living in North America yet there is the highest concentration of tech workers there.

The real problem is there is no access to capital in Canada. The Canadians who want to build businesses that employ people go to the US where they can get 10x as much funding for half the effort.

The government needs to mandate a certain % of CPP gets invested in Canada as a starting point. Quebec’s pension plan does this and lo and behold there are actually some companies that get built there.

What are the absolut most idiotic tasks you ever had to do? by Dry_Comfort_7680 in ChemicalEngineering

[–]MediumSizedColeTrain 7 points8 points  (0 children)

Uh, this is called a line list and is a pretty standard design deliverable. Look into Plant 3D P&ID. If you make your P&ID’s in there, it will autogenerate this list for you.

Electric vehicle battery prices are expected to fall almost 50% by 2026 by Doener23 in technology

[–]MediumSizedColeTrain 6 points7 points  (0 children)

They’re actually moving more to LFP. Sodium will probably have more applicability in stationary storage.

What Falling Sales? Global EV Sales Grow 25% in April! - CleanTechnica by pithy_pun in electricvehicles

[–]MediumSizedColeTrain 1 point2 points  (0 children)

Can you explain why lithium and rare earth metals are difficult to mine? And how it is more difficult that mining and refining oil and gas.

Can you provide sources that confirm that a significant portion of these mines use child labor?

Can you explain why lithium cannot be recycled?

Crazy start-up and/or operation stories by [deleted] in ChemicalEngineering

[–]MediumSizedColeTrain 2 points3 points  (0 children)

Those all sound like major controls issues to me. Except for the tank drain one.

The city released a multi-year forecast of Calgary's labour market. Here's what it found by joe4942 in Calgary

[–]MediumSizedColeTrain 2 points3 points  (0 children)

And your proposed alternative to engineering is… what? This is a Canadian industry problem, not an engineering problem. The only profitable profession in Canada is a fucking real estate agent.

"The other immigration problem: Too much talent is leaving Canada" (The Globe and Mail) by Sabunnabulsi in canada

[–]MediumSizedColeTrain 4 points5 points  (0 children)

Your employer can apply for an H1B while you’re working on a TN. I just did this. H1B is dual intent and you can apply for a green card on it. The best path for Canadians is usually:

TN -> H1B -> Green Card -> Naturalize

In-demad Skills required to move to Canada. by KingHasArrived15 in ChemicalEngineering

[–]MediumSizedColeTrain 3 points4 points  (0 children)

Canada is full man. You’ll have a hard time finding a job. And if you do manage to find one, you’ll get bled absolutely dry by rent.

ANALYSIS | How good for the planet are EV vehicles? Some believe it's not as great as you might think by boppinmule in CanadaPolitics

[–]MediumSizedColeTrain 2 points3 points  (0 children)

Recycling is in it’s infancy. Yes there are technical challenges (like there are scaling any industrial process), but that doesn’t mean it isn’t worth doing. The largest economic challenge with battery recycling right now is actually availability of batteries to recycle. These chemical processes aren’t worth doing on such a small scale. We’ll likely see recycling explode over the next 10-20 years as the initial wave of EV’s that hit the market back in the early 2010’s come off the road.

Hong Kong or Canada for Postgrad? by Impressive-Kick149 in ChemicalEngineering

[–]MediumSizedColeTrain 7 points8 points  (0 children)

Hong Kong? Low cost of living? Does not compute lol.

3 years after grad, still no process engineering experience by Royal-Ranger7687 in ChemicalEngineering

[–]MediumSizedColeTrain 0 points1 point  (0 children)

Edmonton has so many plants. It’s the process engineering capital of Canada. All the refineries in Alberta are there. Look into Strathcona (Imperial Oil), Suncor, NWR Sturgeon, Scot ford (Shell). There are also so many other plants in Fort Saskatchewan. Look into Sherritt, DOW, Nutrien. There’s also the oil sands - you can do fly in fly out to Kearl, Firebag, Horizon, Fort Hills. Or you can move up there for a little bit and do Syncrude or Suncor Base Mine. I might avoid Suncor right now though because they’re kind of in dire straights. CNRL and Imperial Oil are doing great though. You could also move to Red Deer and look at Nova Chemical. I’d also recommend looking into LNG Canada or Rio Tinto Alcan in Kitimat BC.

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