North American companies are saving money by 'offshoring,' JOHN SAUNDERS writes
Having grown used to buying cars from Japan and South Korea and just about any imaginable consumer item from China, North Americans who work in computer-related fields are seeing some of their own jobs go to faraway places, notably India.
This has caused political rumblings in the United States but not yet in Canada, partly because Canada is at the top end of a cheap-labour pipe draining work from the world's biggest economy.
For the moment, Canada may be siphoning off as much from the United States as it loses to places such as India, where eager computer science graduates are available at a fraction of a Canadian salary.
The process has a name, offshoring, and two categories, nearshoring and farshoring. From the American point of view, anything beyond U.S. borders is offshore, but some locales, chiefly Canada and Ireland, are pitched to cautious clients as nearshore.
Others are farshore - India, China, the Philippines, Russia, even the beach-fringed island of Mauritius.
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