Is it safe to make future plans in Canada? Will Canada’s pro-immigration policies be maintained? Or is it just a passing fad that will fade away, leaving international students and foreign skilled employees in the lurch?
Given how swiftly the United States abandoned its pro-immigration policies, it’s understandable to be concerned that Canada would follow suit. Canada’s immigration-friendly policies and initiatives, on the other hand, are not a transitory fad. As a result, the prudent course of action is to plan your studies and future in the country without regard for policy shifts.
Unlike other countries, Canada’s need for immigration extends beyond momentary labor shortages, assisting employers in importing low-cost foreign labor, and even offering humanitarian relief to refugees.
To grasp the significance of immigration, consider what would happen if Canada decided to abandon its pro-immigrant policies and shut down its immigration system.
The Population Crisis
Slow population growth and an aging population are two issues that Canada is grappling with. Canada’s only plausible option is to increase immigration of young skilled workers.
Despite a 62 percent decrease in arrivals in 2021 compared to 2020, immigration still accounted for three-quarters of Canada’s population growth in the year. Canada will face a massive population disaster if it does not allow immigration.
Tax Base Shrinkage
With fewer working-age people, Canada’s tax base will diminish, leaving the government with insufficient revenue to pay its social safety programs. Skilled immigration solves both of these issues by generating valuable tax revenue for the government from young skilled employees, entrepreneurs, and startup founders.
5 Mistakes That Will Definitely Hurt Your Chances of Immigrating to Canada, According to Experts
Pandemic isn’t an issue in Canada since the country’s focus on skilled and economic immigration hasn’t shifted.
Mobilite Francophone Work Permit—similar to a TFWP Work Permit but with an exemption from the LMIA.
Exiting Global Corporations
Some of the world’s largest technology companies have actively expanded into Canada, primarily to take advantage of the country’s favorable work permit and immigration policies. For global corporations looking to expand into Canada, the Global Talent Stream, with its 14-day processing of work permits, has been a significant bonus.
If immigration policies are reversed, these companies will leave Canada, and the country’s flourishing innovation centres would go silent.
Negative Debt-to-GDP Ratio
The Canadian economy will have an extremely low debt-to-GDP ratio due to its small population, low tax base, and unavoidable high spending on social welfare programs. This will tarnish Canada’s image as a business destination.
So, what is the best immigration strategy for Canada?
It’s crucial to know what kind of foreign labor Canada doesn’t want before determining the best immigration plan for the country.
Please, no low-cost labor!
Canada does not want to rely on low-cost foreign labor to replace its expensive domestic workforce. That is not how the country’s immigration programs are set up.
There is a low-wage Labor Market Impact Assessment process in Canada, which allows Canadian firms to hire low-cost unskilled or semi-skilled workers from other countries.
However, there is a limit to how many low-wage positions a company can fill with overseas employees. So, if you’re serious about working and residing in Canada, work on improving your abilities so that you can be considered for high-paying jobs.
The term “temporary” refers to something that is only there for a short period of time.
Even acceptance of a high-wage Labor Market Impact Assessment comes with limits and obligations for Canadian firms.
Although there is no limit to how many high-wage workers an employer may hire, each LMIA application for such a post must include a transition plan. The plan must detail how the business intends to train a Canadian citizen or permanent resident for the role, or assist the foreign worker in obtaining permanent residency in Canada.
This means that working as a temporary worker in Canada for years on end is no longer an option. A foreign worker can work in Canada for a maximum of five years on a work permit.
If you intend to work in Canada for an extended period of time, you should focus on obtaining permanent residence as soon as feasible.
Young, catch ’em!
Young students are encouraged to come to Canada to study, graduate as skilled workers, work and obtain Canadian experience, and eventually become permanent residents. When compared to employing an experienced professional worker from abroad, this alternative is less expensive and more trustworthy for Canadian firms.
This isn’t to argue that skilled foreign workers aren’t welcome. A considerable number of experienced professionals and competent individuals from other countries are undoubtedly required in Canada. However, Canada’s ideal long-term approach is the student to worker to permanent residence model.
If you are a young and eager student, studying in Canada should be seriously considered. Not only does Canada have excellent educational institutions, but a Canadian degree will open up several employment prospects as well as a clear and solid path to long-term residence in the nation.