Brain Drain?

In today's borderless labour market, Canadian executives are "an exportable resource" -- and demand is high around the world as the global economy continues to pick up steam, say the principals of international executive recruiting firm Egon Zehnder.

However, it is more difficult to recruit world-class executives to Canada because Canadian compensation levels are relatively low, John Grumbar, the London-based chief executive officer of the firm, said in an interview yesterday

The good news, added Tom Long, a Canadian partner in the firm, is that there is no shortage of home-grown talent to fill positions both at home and abroad.

"Canadians are seen to have North American business expertise and experience but, also, are culturally adaptable, so you'll find Canadians dotted all over Europe and the Far East," Mr. Long said.

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