Quote:
Originally Posted by yourbestfriend
That's fair. I will also add that something not really talked about, from a purchasing power perspective, making a USD salary while living in Canada also can't be understated. $14M USD is basically $20M CAD right now. Obviously there's volatility in that exchange rate but historically getting a 20% - 25% bump in CAD must be pretty nice.
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I don't think their USD salary being worth to your point ~30% more CDN dollars makes a difference at all. Anything these folks buy (like luxury cars, expensive vacations etc.., and even staples like food) just cost more in CDN than they do in US. The exchange rate is fairly irrelevant, they just take home less of the money (due to taxes) if they live in Canada vs. the US.