Interesting read on a Canadian start-up that was essentially born out of the uncertainty surrounding President Trump’s recent executive order on immigration. The start-up, named “True North”, walks any U.S. company with a workforce of H-1B visa holders through the process of setting up a subsidiary in Canada. For a flat fee, it gives these visa holders the ability to perform their job functions in Canada and free from any uncertain immigration restrictions.
I found the article interesting because it highlights just how quickly some entrepreneurs respond to changes in policy. I wonder whether entrepreneurs will continue to respond to uncertainty through business creation or whether clearer policy proposals going forward will make start-ups like “True North” the exception rather than the rule.
This is a responsive venture and one that can effect Canada’s economy and entrepreneurial activity very well.
True North is great example of how entrepreneurs can adapt and respond to policy changes. Although the article states that Canada’s laws has generally been amenable to foreign workers and its new laws recruiting high-skill foreign workers was not in response to the US, True North capitalizes the US immigration policy by showing American companies and foreign workers that alternatives exists. It would be interesting to see how many US companies actually do move to Canada and how Canada’s laws are affected by the influx of American companies and foreign workers.