[developer2]

Nearly every single development-based office in Eastern Canada (particularly Toronto, Ottawa, and Montreal), is based here solely to benefit from saving millions on their bottom line. I have worked for multiple American companies (usually based out of New York) who have all of their developers located in Eastern Canada, and it all comes down to this one reason.

They all make their income in the U.S.; all revenue is made in USD. They discover that the most senior positions in Eastern Canada pay $80-90k CAD per year, with $45-60k CAD being made by juniors. These companies take advantage of our economy to pay on average well below $50k USD per developer.

It has nothing to do with cost of living. It's entirely based on the currency exchange. They also gain back a huge percentage of their employees' salaries by lying through their teeth to government-backed programs, meaning they actually pay < $30-40k/year USD per developer. It's actually disgusting. The executives at these companies are laughing all the way to the bank.