Why are so many young Canadians leaving and why are some people suggesting they should be punished for it?

In this episode of The Missing Middle, Mike Moffatt and Sabrina Maddeaux break down the growing “brain drain” from Canada to the United States and the shocking proposal that young people who leave should pay a $500,000 exit fee.

They dig into what’s really driving this trend: unaffordable housing, stagnant wages, limited career opportunities, and policy decisions that increasingly favour older, wealthier generations.

This isn’t about loyalty. It’s about survival and a country that may no longer offer young people a path to the life their parents had.

📊 Topics covered:

• The truth about Canada’s brain drain
• Why young workers are choosing the U.S.
• The economics behind the productivity gap
• Immigration policy and labour market impacts
• Housing, wages, and generational inequality
• What Canada would need to do to win young people back

Chapters:

00:00 Introduction

01:00 Why Young Canadians Are Leaving

02:25 Cost Of Living And The U.S. Pull Factor

03:16 The Real Cost Of Brain Drain

04:05 Canada’s Productivity Problem

05:12 Punishing Young People Instead Of Fixing Problems

05:58 How Politics Shifted Against Younger Generations

07:14 Is Brain Drain Being Overblown?

08:02 Why The Viral Brain Drain Chart Misleads

08:50 Canada’s Record Emigration Problem

09:29 Losing The Best And Brightest

10:30 Immigration, Talent, And Retention Failures

11:14 Is Canada Becoming America’s Farm Team?

12:38 How Temporary Workers Changed The Labour Market

13:55 What Policies Could Win Young Canadians Back?

14:12 Housing As The Core Issue

15:17 Taxes, Transfers, And Generational Inequality

15:46 Canada’s Value Proposition Problem

16:16 Closing Thoughts And Listener Questions

Research:

Sabrina's National Post column: Fix the brain drain by fixing Canada, not with a $500K exit tax | National Post

Statistics Canada — Recent trends in migration flows from Canada to the United States: https://www150.statcan.gc.ca/n1/pub/36-28-0001/2025007/article/00006-eng.htm

The Hub — “Can anyone solve Canada’s brain drain problem?”: https://thehub.ca/2026/04/03/can-anyone-solve-canadas-brain-drain-problem/

HRD: Canada's talent exodus: What senior HR leaders can't afford to ignore | Human Resources Director

Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux

Produced by Meredith Martin

Funded by the Neptis Foundation https://neptis.org/