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There are many knowledgeable Canadians heading South of the border.
Our low Canadian dollar is part of the reason why people chose to move to the States.
“The issue of “brain drain” is a political hot potato in Canada”. Many of these students are moving to the United States because they are being paid a lot better.
This so called “brain drain” south was particularly dramatic in the mid- 1990’s.
Japan is also going to be coping with similar problems.
Today the people over age 65 compose 16% of Japan's population, but by the year 2020 it is projected that percentage will soar to 26.3%.
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According to a definition, ‘Brain Drain’, academically also known as the “human capital flight” is the large scale migration of highly educated, skilled and talented people of less economically advanced countries to highly rich and developed countries of the world due to conflicted issues, political instability and lack of opportunities in the developing countries.
Japan, just like the United States is going to have to attempt to retain some of this group in the workforce to compensate for the continually falling birthrate in their country. Since 1995 Germany, France and Italy have experienced a continual fall in working population ages 15-64.
This trend is projected to continue into the year 2000.