• + 1 778-564-3555

Category Archives: Skilled Worker

Canada’s Best Immigrant Investor Programs

Canada is rated as one of the best countries in the world for business and getting incredible return of investment (ROI). With a stable economy and a pool of talented and skilled workforce, Canada is a real opportunity for business owners and entrepreneurs seeking an unparalleled quality of life by getting permanent residency status.

Types of Immigrant Investor Programs – A Glance

Canada received a score of 87.2 making it an attractive destination for business and investment. Global investors can unlock investment opportunities and facilitate expansion in Canada with the following investor programs. 

The Start-up Visa Program

One of the most common ways to bring your businesses to Canada or research about investment opportunities is to apply for a Startup Visa. Its main purpose is to help foreign business owners, investors, and prospective entrepreneurs realize their entrepreneurial aspirations. Entrepreneurs who are willing to establish new, high-growth businesses in Canada, support innovation and create jobs should apply under this program. 

The British Columbia Entrepreneur Immigration Regional Pilot

British Columbia is an excellent province to invest in Canada, particularly if you want to invest in the technology sector. British Columbia is renowned as one of Canada’s IT hotspots, and it is always on the hunt for the best tech workers from across the world looking for job opportunities in Canada.

The major goal of this business immigration program is to attract new businesses to the province’s smaller municipalities, resulting in increased economic growth and development.

The Saskatchewan Entrepreneur Stream

The Saskatchewan Immigrant Nominee Program (SINP) is a Provincial Nominee Program (PNP) that allows overseas entrepreneurs to start a new business or buy an existing business in Saskatchewan province. This program is aimed towards seasoned business owners or senior executives who desire to relocate to Saskatchewan.

The program operates under 3 sub-categories:

  • Entrepreneur Category
  • Farm Owners and Operators – Young Farmer Stream
  • International Graduate Entrepreneur Category

Individuals interested in relocating to a specific Canadian province or territory can apply for permanent residency through provincial nominee programs also known as PNP. Each one of the above Canada Investor Visa programs for immigrants requires the applicant to meet certain requirements to be eligible for business immigration to Canada.

Why invest in Canada

Canada provides lot of opportunities for investors and entrepreneurs for creating job opportunities thereby contributing to the development of Canadian economy. The three main benefits of investing in Canada include:

  • Access to global market

One of the most significant advantages of investing in Canada is its strategic position and favorable trade agreements. It has 14 trade agreements with 51 nations, with a total population of 1.5 billion people. Canada is a global trading hub due to its position, multiple coastline ports, and secure trade infrastructure.

  • Highly talented workforce

Canada has the world’s best-educated workforce and it is always on the lookout for new international talent at all levels. In 2021, the Canadian government plans to welcome 401,000 newcomers, with 232,500 of them coming through federal economic programs including the popular Express Entry stream.

  • Lower Costs and lower risks

Canada is also known for having a low Marginal Effective Tax Rate (METR), which is around 23.8 percent. In fact, it is the lowest of among G7 countries, and it is far lower than the Organisation for Economic Co-operation and Development (OECD) average.

Canada is one of the world’s most politically stable countries, ranking 11th on the Corruption Perceptions Index (CPI) and having the safest banks in North America. As a result, your business will have lesser risks and would be lower on cost.

We at CAN X will help you in determining which of Canada’s investor visa options are best suited for your business needs.

Tips for newcomers immigrating to Canada

Canadian immigrants have a plethora of life and career choices. To counterbalance the ageing population, the federal government has implemented a number of immigration programs, including Express Entry, Provincial Nominee Programs, the Atlantic Immigration Pilot, and others. These programs have resulted in an increase in the number of well-educated, experienced, and skilled people in Canada.

New immigrants experience difficulties settling in and adjusting to life in Canada. Adapting to a new culture, time zone and climate may take a couple of weeks. Here are some tips you can follow to ease up this transition in Canada:

Apply for a SIN number

To work in Canada, you will need your Social Insurance Number, which is a nine-digit number. Your SIN will start with a ‘9’ if you are in Canada on a temporary work permit.

You may get a SIN at any Service Canada office and assuming that there is no rush, you will be able to get your SIN in about half an hour. You should not forget to bring your employment or study permit to your Service Canada appointment.

Purchase a local cell phone plan

The sooner you buy a local phone plan, the more you would be able to avoid your home provider’s expensive roaming charges. There are several options for Postpaid and Prepaid plans. The most popular phone carriers in Canada are Fido, Rogers, Bell, Telus, Virgin Mobile and Freedom.

Build your Network

Use networking tools like LinkedIn to meet people who were born and raised in Canada or have lived there for a long time to gain a better grasp of local culture and market trends. Consult with experts in your field to determine whether any certifications or licenses are required for your job.

To expand your understanding of local best practices, attend conferences, networking events, and workshops near your workplace or residence.

Open a Canadian bank account

It is very important to open up a bank account in Canada so you can manage your bills, debit card payments, and avoid possibly costly withdrawals from your existing account of your home country. Keep in mind that each bank checking accounts also known as ‘current accounts’ frequently come with monthly fees. This will also help you build a good credit history in Canada and facilitate your daily activities. Some of the most popular Banks in Canada include RBC, Scotiabank, TD Canada Trust, CIBC and BMO.

Apply for Canadian healthcare

Citizens, permanent residents, and temporary residents of Canada may be eligible for public medical care, which varies by province and covers medical expenses. Each family member will receive a provincial or territory government-issued health card only if qualified.

Newcomers to several provinces and territories may be required to wait for a certain period before becoming eligible for public health insurance. You must apply for temporary private health insurance until you are eligible.

Be aware about your rights and duties

One of the most important things for you to learn is about your rights, obligations, advantages, and privileges, even before you arrive in Canada. Permanent Residents (PRs) of Canada have many of the same rights and advantages as citizens of Canada, while temporary residents have different rights.

These rights are defined in the Canadian Charter of Rights and Freedoms, which provides legal protection for the people of Canada’s fundamental rights and freedoms.

Get help from organizations for newcomers

Local Newcomers organizations can help you to find a place to live or help you get settled in Canada. You can also reach out to them if you have questions about things like administrative procedures, transportation, the school system or finding a job. 

Moving to a new country is hard. There’s a lot to think about both before and after your arrival in Canada. To ensure your new adventure sail smoothly in Canada, take advantage of all the support available to you.

If you need any immigration help, feel free to contact us.

Canadian Workforce Plan 2022

In response to robust demand for workers, employers across Canada are looking to bump up salaries as a part of their 2022 workforce plan. Many employers are losing business and productivity due to labor shortage. To attract talent and to address labor constraints, employers are incentivizing local population and raising salaries of existing workforce.

LifeWorks survey report revealed that average salary in Canada would climb 2.7 percent in 2022, excluding firms that plan to freeze wages.

Base salaries are anticipated to rise in 2022, with an average yearly pay increase of 2.5 percent. Due to the tight labor market, employers are being compelled to make the most significant compensation adjustments in the last five years.

Employers preparing to scale up wages to attract and retain workers

In this competitive labor market, Canadian firms are using bonuses to attract and retain workers. As per the survey carried out by Mercer Talent, about 50% of respondents are ready to pay higher salaries than market rates. In response to the challenges in attracting and/or retaining talent, 41.67% of companies are revisiting their strategic workforce planning while 50.93% are reevaluating compensation and benefits offerings.

The Canadian economy is slowly recovering, and companies are being compelled to loosen their purse strings because of labor shortage. Employees are seeking both more income and persuasive jobs because of the flourishing labour market and rising inflation.

Increase in salary based on specific sectors

According to the LifeWorks survey report, the highest projected average salary increase for 2022 will be on wholesale trade with a planned hike of 3.1 per cent followed by construction (2.9 per cent) and professional, scientific and technical services (2.9 per cent). The lowest salary increase is projected in healthcare and social assistance (1.8 per cent) and information and cultural industries (1.5 per cent).

Salaries are expected to increase while wage freezes decline, which is good news for most Canadian workers, even though they must keep in mind the looming inflation rate.

Opportunities for immigration as a measure to resolve labor shortage

There are immense opportunities for skilled workers in Canada, due to labor shortage in various industries. Atlantic Immigration Pilot, Canadian Experience Class, Caregiver Pilot and Federal Skilled Trade Class are just a handful of skilled worker immigration program for skilled and talented workers willing to immigrate to Canada.

In addition, workers interested in immigrating to Canada can opt the Global Talent Stream pathway of the Temporary Foreign Worker Program (TFWP), which expedites the processing of Canadian work permits and visa applications in order to meet or resolve labor shortages.

Organizations and business leaders across Canada are hopeful that immigration will resolve the prevalent labor crunch and enable businesses to access talent they need to recover and grow.

Canadian business leaders want government to speed up the overall process of immigration with an emphasis on streamlining and accelerating pathways for temporary foreign workers.

We at Can X offer the following solutions to address labor constraints in Canadian business:

Give us an opportunity to discuss your requirements and let our experts find a solution tailored to your needs.

How to sponsor your spouse to Canada

Family reunification is of utmost importance to the Canadian government. IRCC offers various pathways to sponsor your loved ones for immigration to Canada. If you are a Canadian Citizen or Permanent resident, you can apply for a Spousal Sponsorship application. If you are an international student or temporary foreign worker, you can opt for Spousal open work permit application.

Under Canadian Immigration Levels Plan 2021-2023, IRCC aims to roll mats for over 80,000 new immigrants per year through its Spousal, Partner, and Children category. Most of these immigrants will arrive as the spouses or partners of Canadian citizens and permanent residents.

The first step to sponsoring your spouse for Canadian immigration is to check your eligibility, and to make sure you can provide financially for your spouse, any dependent children, and yourself.

Here is information on how you can sponsor your loved one for immigration to Canada. 

Spouses or common-law partners of Canadian citizen or permanent resident

If you are a Canadian citizen or permanent resident of Canada, you may sponsor your spouse to become permanent residents of Canada with Spousal sponsorship Application. As a Canadian PR your spouse, common law or conjugal can live, study and work in Canada. When your partner comes to Canada as a permanent resident, you are responsible for financially supporting them when they arrive.

Eligibility Requirements to be a sponsor:

  • Must Be at least 18 years of age.
  • Must be a Canadian permanent resident living in Canada or a Canadian citizen.
  • You and your spouse, common law or conjugal partner must sign a sponsorship agreement that commits you to provide financial support to your family member, if necessary.
  • You must provide financial support to a spouse for three years from the date you become a permanent resident.
  • You must provide financial support to your dependent child(ren) for 10 years, or until they turn 25, whichever comes first.

Eligibility Requirements to be sponsored:

  • Be at least 18 years old
  • Be legally married or in common law relationship (living together at least 12 consecutive months)

At Can X, we know how important it is for families to be together. For this reason, we consider applications for spousal sponsorship a top priority. We can help you reach across distance and unite with your spouse.

Spouses or common-law partners of full-time students [C42]

If you are an international student studying full-time with a valid student permit, you can apply for Spousal open work permit application. This permit will allow your partner to work full time while you are studying in Canada. In general, this “open work permit” will have the same duration as the Study Permit issued to the sponsor. If you have a dependent child, you can apply for a temporary resident visa (study /visitor) for your child. This will allow you to unite with your child.

Eligibility Requirements to be a sponsor:

  • Must Be at least 18 years of age.
  • Must be a must be a full-time student
  • Public post-secondary school, such as a college or university, or CEGEP in Quebec.
  • Private university level school in Quebec
  • Canadian private school that can legally grant bachelor’s, master’s, or doctoral degrees.

Spouses or common-law partners of skilled workers [C41]

Spouses or common-law partners of skilled workers coming to Canada may apply for a Spousal open work permit without having an offer of employment. A dependent spouse or common-law partner is eligible to apply for an open work permit under Labour Market Impact Assessment (LMIA) exemption code C41 if the principal foreign worker.

Eligibility Requirements to be a sponsor:

  • Must Be at least 18 years of age, and physically resides or plans to physically reside in Canada while working.
  • Must hold a work permit that is valid for a period of at least 6 months.
  • Must be employed in an occupation that falls within National Occupational Classification (NOC) skill type 0, A or B.

In recent days, applications for spousal sponsorship have been delayed due to the global pandemic. However, the new measures announced by IRCC regarding acceleration of processing should help avoid further delays

If you are considering submitting a spousal sponsorship application, or spousal open work permit application, we recommend that you seek advice from a certified immigration consultant to help you in your immigration journey.

We hope this information about ways to reunite with your spouse has been helpful! If you have any queries, please feel free to contact us, we will help you find the right immigration solution for you!

The Impact of Processing Delays on Canadian Businesses

Canada is facing a growing skilled labor crunch and industries are struggling to find qualified workers. The increased processing times of immigration pathways is a problem that is closing doors to new growth and leaving employers open to risk.

According to a survey conducted by The Canadian Employee Relocation Council (CERC), “Unless addressed, increasing processing times are likely to have a negative impact on business operations within the next year.”

A total of 26 organizations that rely on access to international talent to meet talent needs and fill skills gaps were surveyed. Participating organizations were from technology, manufacturing, government /health care/ education, natural resources, and construction/engineering services. 44 % of participating organizations report using economic immigration programs to access temporary residence workers.

Primarily, 74% of participating companies used Express Entry and CUSMA professional pathways to hire foreign nationals while 67% used PNP immigration pathways. All participating organizations agreed to the importance of international talent to their businesses, while 70% strongly agreed to their contributions.

In the survey, as an impact of processing impediments 83 % of organizations stated that canceled and or delayed projects are the most common consequence of the delays, almost two-thirds expect the delays to result in lost revenues and 30% stated they had to face penalties for not meeting contractual obligations. The unprecedented labor shortage is forcing organizations to hire ill-suited candidates, resulting in foregone opportunities that impede businesses’ ability to compete.

This lack of skilled labor and halt in the international mobility of temporary foreign workers is increasing the labor market gap, businesses are facing a labor shortage and the demand for skills across many sectors is on the rise. The survey sheds light on global talent access via immigration and international mobility programs, the top three skills accessed are 93% of skilled workers, 85 % executive management, and 67 % engineering staff. Nonetheless, the demand for non-degreed professionals and technical staff is growing, though the lack of education makes it difficult to access their talent.

The survey also highlighted that apart from ongoing challenges faced by IRCC, the continued closure of Consulates, High Commissions and VAC abroad has had a great impact as temporary foreign workers cannot complete biometrics in their home country.

With a dearth of new talent pools and retiring workforce, Canada should take actions to expedite processing of applications. The survey questioned respondents if they would pay an additional fee for expedited processing of applications and 89% of respondents said they would be willing to pay between 10% and 25% above current processing fees for expedited processing as for Skilled labor shortage has become the most pressing need of their organizations.

1 2 3 6