Can confirm. I got two offers, one from the Bay Area and one from Toronto, both for big tech companies. In terms of total compensation, Toronto's is roughly 40% less than Bay Area's, and that's not taking into account conversion rate. I mean I would be satisfied by the Toronto salary ( > 100,000 CAD), but seeing the Bay Area salary makes me feel cheated by the Toronto salary. To be fair though, the average Canadian developer makes roughly 80,000 CAD, regardless of level, so I should be grateful. But honestly, there's a lot of great talent here in Toronto who would be equally as successful in the Bay Area but getting paid a lot less, mainly because the tech hiring market isn't as competitive yet (and feeder schools like Waterloo and UofT creating huge supplies of new grads). It doesn't help that the government's strategy is capture migration of big tech companies north is with lower salaries for tech workers, relative to their US counterparts. We're just a glorified outsourcing hub for US tech companies. The company I currently work for have explicitly made this obvious by firing many US workers during the pandemic and now rapidly expanding in Canada and the UK, for much lower salaries. Answer from milkteaoppa on reddit.com