80% of employers are hiring immigrant skilled workers in Canada

Highlights: Canadian Employers are hiring Immigrant Skilled Workers

• Immigration is one of the vital methods to address the shortage in workforce in Canada
• The technical field in Canada experiences the most shortages in workforce
• According to a report, approximately 80% of the employers in Canada want to hire international talent
• The country has designed comprehensive and efficient immigration pathways
• Incomes are being increased in Canada to attract immigration talents

Recently, a survey was published by the Business Council of Canada. It was reported that more and more Canadian employers are hiring immigrant skilled workers to reduce the revenue losses happening because of canceled or delayed contracts.
 

The report titled "Canada's Immigration Advantage: A Survey of Major Employers" published the results of a survey conducted on 80 of its participant companies. The companies collectively recruit over 1.6 million Canadian citizens in around 20 industries. They generated revenues of around 1.2 trillion CAD in 2020.
 

Employers strongly feel that, Immigration helps in filling vacant jobs in Canada. The Canadian employers who use the immigration system, report that it addresses workforce shortages.
 

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Importance of Immigration to the Canadian Workforce

Approximately, 2/3rd of Canadian organizations have recruited international skilled professionals with the help of the immigration system. It helps them meet the various needs of their businesses. Skilled workers enable the growth of the enterprise and add to the diversity of the workforce.
 

The report discloses the amount of labor shortage faced by Canada, with 80% of the companies participating in the survey reporting that face troubles looking for skilled workers.
 

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Shortages in Workforce in Specific Areas of Canada

Most shortages in the workforce are faced by these provinces and territories:

• Ontario
• Quebec
• British Columbia

Employers struggle to find suitable candidates to fill job roles in the technical field. These fields face the most shortage:

• Computer science
• Engineering
• Information technology

Employers find it challenging to employ:

• Construction workers
• Plumbers
• Electricians
• Other skilled trades

There are not sufficient candidates to fill the vacant job roles. Around 67% of employers report facing delayed or canceled projects, 60% face revenue losses, and 30% are thought of relocating out of Canada.
 

Employment in Canada

Immigration is considered to be one of the vital methods to address shortages in the workforce of Canada, with 65% hiring new international talent coming to Canada every year.
 

Employers are seeking to employ people to fill job vacancies. The income has been raised to outbid the other competitors for the limited availability of professionals.
 

In June 2022, the average weekly income of employees from the non-farm sector in Canada increased by 3.5% amounting to 1,159.01 CAD. It rose by 2.5% compared to May.
 

Employers in Canada hope to hire international professionals and avail themselves of international skills and talent through the TFWP or Temporary Foreign Worker Program, and the IMP or International Mobility Program.
 

Under usual circumstances, the GTS or Global Talent Stream, which is a component of the TFWP, leads to the issuance of work permits in Canada and processes the visa applications in under 2 weeks.
 

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All you need to know about Canada’s Global Talent Stream
 

Plans to hire more Immigrants

Of the companies which are currently recruiting employees under the immigration system, 63% of them expect to increase their utility in the next 3 years. Most employers look forward to an increase of around 25%.
 

Employers who employ professionals through immigration programs are content with the employees they hire. Around 89% report that the new employees possess robust technical skills and 70% say the professionals also have good human skills.
 

Immigration pathways to Canada

Almost 50% of those surveyed, are of the belief that Ottawa should increase its immigration targets. The rest of them agree with the current immigration targets for 2023-2024. The details of the Immigration Levels Plan 2023-2024 are given in the table below:
 

Year	Immigration Levels Plan
2022	431,645 permanent residents
2023	447,055 permanent residents
2024	451,000 permanent residents

 

The programs which efficiently utilize the immigration pathways are:

• GTS or Global Talent Stream
• FSWP or Federal Skilled Worker Program
• CEC or Canadian Experience Class

*Know more about the GSS Visa, fastest route to migrate to Canada for work.
 

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The report also reveals that half of the survey respondents say that hiring foreign national students from post-secondary institutions in Canada.
 

Forecast for Population in Canada

If the current rate of immigration continues in Canada, it is will be exceeding its target for the current year as well as the upcoming years of 2023 and 2024 by 4.5%.
 

The latest data from IRCC or Immigration, Refugees, and Citizenship Canada reveals that the country has welcomed 274,980 new immigrants as Canada PR or permanent residents in the first 7 months of 2022. It might result in Canada welcoming 471,394 new immigrants in 2022 or 16.1% more than the historic figure of inviting 406,025 new immigrants as Canada PR in 2021.
 

Retirements Creating Job Openings in Canada

Retirement of the aged population of Canada is the driving force behind the shortages in the workforce of Canada. It is being termed 'The Great Retirement' or the unparalleled surge in retirements.
 

The populations suitable for employment, that is, the people between the ages of 15 to 64 have not been able to contribute to the workforce shortage in Canada.  1 in 5 people, which is approximately 21.8% of the population is around the retirement age. The proportion is at an all-time high in the history of censuses of Canada.
 

Submission of Express Entry Applications Online

Employers can hire foreign national candidates to fill the vacant job roles through the system of Express Entry, which registers applications for immigration online.
 

Applicants, who fulfill the eligibility criteria and have received a job offer, can register their profile online. It is known as an EOI or Expression of interest, applied under 1 of the 3 immigration programs or a PNP (Provincial Nominee Program) in the Express Entry Pool. The programs are facilitated by the federal government of Canada.
 

The profiles of the candidates are ranked against the other profiles on the basis of the CRS or Comprehensive Ranking System, which is a points-based system. The candidates with the highest rank are issued an ITA or Invitations to Apply to apply for Canada PR. The candidates who receive an ITA need to submit a duly filled application and pay the required fee for processing within 90 days.
 

Want to work in Canada? Contact Y-Axis, the No.1 Immigration Consultant.
 

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