BCBusiness

October 2014 Entrepreneur of the Year

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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26 BCBusiness OCtOBER 2014 W Y B . C .' S N E W S A N D V I E W S F R O M I N D U S T R Y S E C T O R S 10/14 3 1 E N E R G Y Jessica McDonald, a new CEO for BC Hydro's "new era." front lınes T E C H N O L O G Y I n the spring of 2013, Facebook announced that it had leased a 20,000-square-foot offi ce in Coal Harbour, which would become a "pop-up" boot camp for recent engineering graduates. One year on, Facebook is still in Vancouver, just one of a dozen or so international companies with engineering labs in the city, drawn here because of easy-to-obtain, two-year work visas. But with the federal government tightening up the loopholes in Canada's temporary foreign worker program, and with changes to U.S. immigration rules looming, Vancouver's competitive advantage in the global scramble for high-technology talent may not last. Facebook is one of several tech companies currently using the city as a way to get around the U.S. government's annual cap on H1-B skilled worker visas. Amazon, which set up shop at the end of 2011, currently has job postings up for 130 technical positions in town and has all but confi rmed that it's moving into a 90,000-square-foot space in the The Global Temp With lax immigration laws, lower salaries and a common time zone with California, Vancouver has emerged as an outsourcing hub, albeit a small one, for global tech giants searching for software developers by Jacob Parry PAUL JOSEPH Y 10/14 3 1 E N E R G Y Jessica McDonald, a new CEO for BC Hydro's "new era." front lınes front lınes front

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