Canada needs workers and immigrants are key

Canada needs workers and immigrants are key, says Bank of Canada governor

Canada needs workers and immigrants are key

Canada needs workers and immigrants are key

As Canada’s economy hits its ‘sweet spot,’ Stephen Poloz says labor supply can’t keep up with demand

Immigrants have a key role to play in helping grow the Canadian economy and off-setting the country’s growing shortage of skilled labour, says Bank of Canada Governor Stephen Poloz.

In a March 13 speech at Queen’s University in Kingston, Ontario, the head of Canada’s central bank said immigration is critical to keeping inflation low and balancing the trend of Canada’s aging workforce.

“Immigration can help provide an important off-set,” Poloz said, as can “untapped sources of labour within our existing population.”

With Canada’s economy hitting its “sweet spot” of rising demand and companies operating at near capacity, Poloz said this growth is translating into new jobs — and escalating job vacancies.

“None of this highly desirable economic growth can happen unless there are people available to fill the newly created jobs,” he said. “A healthy, well-functioning labour market is critical.”

He pointed to data from Statistics Canada that shows job vacancies rising to a record 470,000 in the fall of 2017.

“We hear from business leaders that many of these vacancies are going unfilled because they cannot find workers with the right skills,” he said.

To help solve this shortage, Poloz said Canada needs to accelerate the integration of new immigrants into the workforce and improve the labour participation rate of Canada’s youth, women and Indigenous peoples.

“Put it all together and it is not much of a stretch to imagine that Canada’s labour force could expand by another half a million workers,” he said. “This could increase Canada’s potential output by as much as 1.5 percent, or about $30 billion per year.”

Digital economy creating new jobs

Rapid advancements in digital technology are also producing new demands for workers with the requisite skills, he observed

“New applications are creating jobs that were unimaginable just years ago,” he said. “Ten years ago, there were no Smartphone app developers, or cloud computing engineers or social media managers.”

Ultimately, Canada stands to gain from these innovations and the income-generating effect of these new jobs, he said.

“These are exciting times. New opportunities, new technologies and new industries are all waiting right around the corner.”

Posted in Atlantic Canada, British Columbia, Canada, Canada PNP, Express Entry, Immigration, Manitoba, Nova Scotia, Ontario, Quebec, Saskatchewan, Visa and Immigration, Work Abroad | Tagged , , , , , , , | Leave a comment

U.S. Government reports a sharp decline in the number of F-1 Student Visas Issued

U.S. Government reports a sharp decline in the number of F-1 Student Visas Issued

U.S. Government reports a sharp decline in the number of F-1 Student Visas Issued

U.S. Government reports a sharp decline in the number of F-1 Student Visas Issued

New U.S. State Department data show a sharp decrease in the number of F-1 visas issued to international students in 2017.

The statistics show that the number of F-1 Visas issued has been decreasing year after year since 2015. In 2017 a total of 393,573 F-1 Visas were issued, which represents a decrease of nearly 17 percent from the previous year.

In 2016, a total of 471,728 visas were issued, while 644,233 visas were issued in 2015. That year saw the highest number of F-1 visas issued in the past five years.

More specifically, there has been a significant decline in the number of visas issued to international students from India and China. Both countries witnessed a 28 and 24 percent decline, respectively.

These numbers support published surveys and reports that have indicated a drop in international student enrolment at both the graduate and undergraduate level at American post-secondary institutions. One survey in particular by the Council of Graduate Schools outlined that the number of applications and admissions from prospective international post-graduate students witnessed a decline in 2017.

Revision of visa policies

Without access to data on the rate of visa acceptance and rejection, it may difficult to get the complete picture of the reasons behind the downward trend. However, a recent article by the Wall Street Journal claims that President Donald Trump’s more restrictive proposals regarding visas may be having an effect.

One Trump Administration proposal that would significantly impact international students is the promise to revoke a work program that enables international students to work after graduation.

Also, SI News has reported on the possibility of the Trump administration changing regulations that would reduce the number of years science, technology, engineering or math (STEM) students are allowed to work in the U.S. after graduation.

Currently, international students in STEM fields are allowed to stay an additional two years beyond the 12-month limit for international students. In contrast, Canada has experienced growth in international student enrolment and was ranked the most attractive study destination for international students in recent global surveys.

International students are encouraged to stay and work in the country for up to three years after graduation through the Post-Graduation Work Permit Program.

Every Canadian province offers a Provincial Nominee Program category or stream specifically catering to international students who have chosen Canada as their study destination.

Recently, Manitoba announced a new Canadian immigration program, the International Education Stream, which will prioritize international STEM graduates from Manitoba post-secondary institutions.

Canada’s Atlantic Provinces also have a dedicated category under the Atlantic Immigration Pilot Program for international students, who have studied in one of the four Atlantic Provinces and have arranged employment in the province.

In a 2016 Government of Canada report, international students are considered vital to Canada’s immigration future due to their established social networks in the communities where they have chosen to study.

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Study in Canada: Provinces and Locations

Study in Canada: Provinces and Locations

Study in Canada: Provinces and Locations

Study in Canada: Provinces and Locations

Across its 10 provinces, six time zones, many cities and towns, and numerous higher education institutions, Canada has it all. But where in Canada are you going to study?

Compared with other industrialized countries around the world, studying in Canada has a unique set of advantages? With quality and affordable tuition, safe towns and cities, employment options (both during and after the study period), and as a pathway to permanent immigration, the decision to study in Canada can be a life-changing one.

There is much to consider when deciding on a study location in Canada. Some people prefer large colleges and universities in big, bustling cities, while others prefer the intimacy of a small town. How significant is a factor tuition fees and cost of living? Are you coming to Canada with a long-term vision to work after graduation and perhaps apply for permanent residence and, eventually, Canadian citizenship? Each Canadian province has unique advantages for prospective international students.

All these issues, and more, are dealt with in this Provinces and Locations section. We have dedicated pages on each Canadian province and its higher education institutions. From here, you can learn more and begin your clear path to studying in Canada.

  1. Study in Alberta
  2. Study in British Columbia
  3. Study in Manitoba
  4. Study in New Brunswick
  5. Study in Newfoundland
  6. Study in Nova Scotia
  7. Study in Ontario
  8. Study in Prince Edward Island
  9. Study in Quebec
  10. Study in Saskatchewan

In addition to this Provinces and Locations section, please visit the following resources to help you on your Canadian study journey:

Find A School: Here you will find some tips for finding your ideal program and school.

Designated Learning Institutions: If you want a study permit, your desired school needs to be on this list.

School Search: Get all the details on colleges and universities across Canada.

School Match: We’ve partnered with School Match Canada to provide you with a free assessment to show you which Canadian schools match your expectations, personality and goals.

Get Admission: Once you have selected an educational institution and study program in Canada, you will need to receive admission.

Posted in British Columbia, Canada, Canada PNP, Manitoba, Nova Scotia, Ontario, Quebec, Saskatchewan, Study Abroad, Visa and Immigration | Tagged , , , , , , , , , , , , | Leave a comment