Yup, sad to see, but expect more of this as more well paid opportunities open up overseas.
I'm one of those guys that's moved out of canada cause i can't make a decent wage there. In order to make the same back in canada as i'm making here i'd have to have a salary of approx $250K/year. Since that isn't going to happen, i'll finish the career overseas.
Hopefully the outflow of experienced pilots eventually brings the wages up in Canada as well.