A combination picture shows former President Donald Trump and Vice-President Kamala Harris, who are both running in November's U.S. election.Teal Pennebaker is the co-founder of Shallot Communication and an alumna of Amazon and the Obama administration. Thomas Park is lead partner of the BDC Deep Tech Ventures Fund.
As a result, we risk Canadian startups moving south of the border, opting to headquarter their companies in the U.S. instead of Canada. As we approach the reauthorization of theAspects of the USMCA have serious implications for the tech sector. Take access to talent and ease of travel across the border. Canadian tech workers rely on the TN professional non-immigrant visa to enter and work in the U.S. for extended periods of time.
Another example: Under USMCA, Canadian firms can avoid tariffs on sales of digital goods, restrictions on cross-border data transfers or being required to provide access to source codes as a condition of doing business in the U.S.
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