U.S. Visa changes opens doors for Calgary’s tech sector

Calgary’s tech industry is poised to benefit from a significant shift in U.S. immigration policy.

A proposed $100,000 fee for the H-1B visa — commonly used by American companies to hire skilled foreign workers — is prompting tech talent to look north, and Calgary is ready to welcome them.

Andrew Chau, Co-founder and CEO of Neo Financial, sees the change as a turning point.

“The U.S. is no longer an option,” he said. “What’s the best option now? It’s Canada.”

Chau calls the steep visa fee “a tax on talent,” one that could become a tailwind for Canadian companies like his.

Neo Financial has already seen a surge in interest. Since the U.S. began imposing tariffs on Canadian goods, the fintech firm has reported a 3.5 times increase in applications from American candidates.

With the new visa fee looming, Chau expects that number to climb even higher.

Other Calgary tech leaders echo his optimism. Nic Beique, CEO and Founder of Helcim, says the city’s affordability and momentum make it an appealing destination.

“Canada is having a moment in tech right now,” Beique said. “Calgary is one of the fastest-growing tech hubs in North America. It’s our chance to send a signal that talent is welcome here.”

That signal is already resonating. According to Jen Lussier, Chief Operating Officer at Platform Calgary, the city is creating tech jobs faster than it can graduate talent to fill them.

“We are the fastest growing tech talent hub in North America,” she said, noting Calgary now boasts 64,000 tech jobs.

But attracting talent is only part of the equation. Lussier emphasizes the importance of supporting newcomers holistically.

“They need legal help, accounting, schools for their children, and groceries,” she said. “It’s not just about starting a company—it’s about building a life.”