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 v

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