Canada’s top-skilled workers are leaving for the U.S. in droves for lower taxes and higher pay: TD study

Canada’s top-skilled workers are leaving for the U.S. in droves for lower taxes and higher pay: TD study ANALYSIS 28 MAY 2026 i ARTICLE SUMMARY KEY STATS A new report from TD Economics warns that Canada is losing its highest-skilled workers, entrepreneurs, and STEM graduates to the United States through a slow, largely invisible syphoning—calling the phenomenon a “silent brain drain.” The crisis, it argues, is less about who Canada can attract than who it fails to keep. Much of the outflow never registers in Statistics Canada’s emigration data because it occurs through U.S. employer-sponsore…