CRS reaches new 2018 low in latest Express Entry Draw

CRS cut-off reaches new 2018 low in latest Express Entry draw

CRS cut-off reaches new 2018 low in latest Express Entry draw

CRS cut-off reaches new 2018 low in latest Express Entry draw

Large Draws Continue with 3500 candidates invited to apply

The Government of Canada has invited 3,500 Express Entry candidates to apply for permanent residence in a draw that took place on April 25. The cut-off Comprehensive Ranking System (CRS) score for this draw was 441.

The cut-off score for this draw is three points lower than the previous invitation round on April 11, which had a CRS minimum of 444.

Today’s draw is the second consecutive invitation round in which Immigration, Refugees and Citizenship Canada (IRCC) issued 3,500 Invitations to Apply (ITAs), tying the highest number of ITAs in a draw this year. Today’s total brings the number of ITAs issued by IRCC in 2018 to 24,500.

Under its new multi-year immigration levels plan for 2018-2020, the Government of Canada has increased its admissions target for 2018 to 74,900 admissions under the three economic immigration classes administered through the Express Entry system — the Federal Skilled Worker Class, the Federal Skilled Trades Class and the Canadian Experience Class. The admissions target for 2019 is 81,400.

Larger draws, like the one conducted today and two weeks ago, may help IRCC reach these targets. They can also have the effect of lowering the CRS cut-off score, as we saw with these last two draws.

IRCC employed its tie-break rule in this latest invitation round. The date and time employed in this round were December 8, 2017, at 10:25:33 UTC. This means that all candidates with a CRS score above 441, as well as those candidates with scores of 441 who submitted their profile before this time, received an ITA.

The following is a hypothetical example of a candidate who received an ITA in today’s invitation round.

Sarya is 29 years old, has a bachelor’s degree and has worked as a programmer for three years. She has advanced English language proficiency and has never worked or studied in Canada. Her CRS of 441 would have been sufficient to obtain an ITA in the latest Express Entry Draw.

“Two consecutive draws of 3,500 have now knocked the CRS cut-off down to its lowest point of the year,” said Attorney David Cohen, senior partner with the Campbell Cohen immigration law firm in Montreal.

“April and May of 2017 were the busiest time for Express Entry, in terms of large draws, with May 2017 seeing the lowest minimum CRS score ever. With larger targets for 2018, and 2019, we will continue to watch, with interest, the draw sizes and minimum CRS scores in upcoming invitation rounds.”

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Best Universities to Study Business in Canada

10 best universities to study business in Canada

Best Universities to Study Business in Canada

Best Universities to Study Business in Canada

Canadian universities offer international students a vast array of options to study business and entrepreneurship.

The popular news magazine Maclean’s released its 2018 ranking of the best schools in Canada for different fields of study: Biology, Business, Computer Science, Education, Engineering, Environmental Science, Mathematics, Medicine, Nursing and Psychology.

For those of you interested in pursuing a career in business, we put together a list of the 10 best-performing Canadian universities based on Maclean’s 2018 rankings of business schools in Canada.

University of British Columbia (UBC)

The UBC Sauder School of Business offers undergraduate and graduate programs to approximately 4,000 students.

The school is located in the in the city of Vancouver on UBC’s Point Grey campus. UBC Sauder provides a global business perspective through rigorous and relevant teaching.

The school offers an abundance of international study opportunities abound from semesters abroad to business development workshops in destinations such as China and Kenya, among others. UBC Sauder is committed to research with specialized research centers that focus on social innovation, impact investing, urban economics and more.

University of Toronto

The Rotman School of Management at the University of Toronto has a long history with courses in commerce and management being since 1901.

Students may pursue undergraduate and graduate programs in business administration, finance, and commerce. The undergraduate BCom curriculum merges business with other interdisciplinary studies, so students can pursue their interests and achieve a breadth of experience in various fields.

The University of Toronto is no stranger to top rankings. This year the U of T ranked #1 for engineering and computer science.

University of Alberta

The University of Alberta is mainly known for engineering, science, and medicine. This year the University of Alberta, also ranked among the top Canadian universities to study Computer Science. Located in the city of Edmonton, the university also offers more than 400 programs in 18 faculties.

The University of Alberta’s School of Business born in 1916 offers undergraduate, masters, and doctoral degrees, as well as executive education and lifelong learning programs. Entrepreneurship at the University of Alberta is accomplished through partnerships with different faculties and stakeholders in the industry. eHUB is the University of Alberta’s entrepreneurship centre, where resources, networking opportunities, and funding are offered to students or student teams.

Western University

Western University offers more than 400 specializations, majors, and minors at the undergraduate level. The university has 82 physical locations across London, Ontario.

Western’s Ivey School of Business may have fewer programs on offer than other business schools, but their quality does undergraduate Honours Business Administration is offered in a 2+2 format, so students may pursue subjects that interest them in the first two years of their studies, then focus on business studies in the last two.

Honours of Business Administration students at Western’s business school have the opportunity spend a semester abroad. Up to 25 percent of students decide to participate in an exchange program in the second year of studies. Western’s Ivey School of Business currently has over 40 different partner schools across Europe, Asia and South America.

McGill University

McGill is located in Montreal’s vibrant downtown, so are never far from off-campus activities and cultural events.

McGill University’s very own Desautels Faculty of Management offers a BCom, MBA, and Ph.D. programs, as well as interdisciplinary programs such as the Doctor of Medicine (MD)/MBA and MBA/Law programs, offered jointly with the Faculty of Medicine and Faculty of Law.

McGill’s business faculty also has a teaching centre in Tokyo, Japan. The BCom program claims to provide the most flexible course variety of any Canadian commerce program. Students can choose from 12 different majors, 13 different concentrations, four different honours (including two joint honours with the Economics department), and three different minors.

The school partners HEC Montréal to offer a unique bilingual MBA degree.

York University

The Schulich School of Business at York University ranked #1 in Canada by Forbes, CNN Expansion & Corporate Knights. The school offers a popular Bachelor of Business Administration program at the undergraduate level, which offers students the possibility to study abroad in any partner schools.

At the graduate level, there are six MBA programs on offer — including an MBA in India, and a joint MBA/Master of Fine Arts/Master of Arts program — in addition to five specialized Masters programs, five graduate diploma programs, and a Ph.D. program.

The school offers exclusive entry to an average of 252 new enrolments every year.

Queen’s University

Queen’s University is located in Kingston Ontario. The school is home to international students from more than 100 countries. The university is known for its lively student life and outstanding research facilities.

Queen’s Smith School of Business offers undergraduate and graduate students a BCom program and four MBA programs.

The school combines team-based and experiential learning with small class sizes. The maximum class size is 80 students in B.Com classes. There are many ways for students to get involved and expand their professional network through co-op programs, coaching services and network events.

McMaster University

The DeGroote School of Business at McMaster offers a range of study programs, including a Bachelor of Commerce, Bachelor of Commerce, MBA and Ph.D. programs, executive development and international exchanges.

The school’s Commerce Internship Program provides commerce students the chance to work for 12 to 16 months. In addition to internship opportunities, undergraduate programs take into consideration professional accreditation. A student enrolled in the Honours Bachelor of Commerce Program can apply to become a Certified Professional Accountant (CPA) and Certified Human Resources Professional (CHRP).

University de Montreal

University de Montréal is located just outside the center of the city of Montréal. The quaint surrounding neighborhood of Côte-des-Neiges is made up of various coffee shops, bars, and restaurants, and various options for student accommodation.

University de Montréal’s has its own dedicated business school, which offers undergraduate, graduate and Ph.D. level degrees. HEC Montreal is a French-language school founded 1907.

HEC offers the student the Bachelor of Business Administration in various languages: French-language, bilingual (French and English), and trilingual (French, English, and Spanish).

HEC currently boasts 149 partner institutions in 45 different countries.

University of Waterloo

Even though Waterloo does not have a business school or faculty, its interdisciplinary business-related study programs offer an attractive amount of flexibility. For example, the Honours in Arts and Business program allows students to pursue a Bachelor of Arts degree with a Business focus.

Also, the Science and Business program, an ‘opportunity for students to blend a scientific outlook with business methodologies’. Business-oriented co-op opportunities are plentiful in the local neighborhood and abroad. Students have the flexibility to select a four-month study term and four-month paid work term.

Waterloo’s solid co-op program works with 6,900 employers to help students gain valuable work experience in Fortune 500 companies, start-ups and other organizations.

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Canada Employment growth rate was fastest in a decade

Canada’s employment growth rate in 2017 was fastest in a decade

Canada’s employment growth rate in 2017 was fastest in a decade

Canada’s employment growth rate in 2017 was fastest in a decade

Tech among sectors with quickest payroll growth last year, says Statistics Canada’s annual labour market review

Employment in Canada’s tech and health sectors grew significantly in 2017, part of an overall trend that saw total employment grow at its quickest rate in a decade.

Statistics Canada’s annual labour market review for 2017 shows that total employment across Canada rose by 336,500, or 1.9 percent — the fastest rate of growth since 2007. Most of that growth — 280,600 — was full-time employment.

Canada also posted the largest year-over-year decline in its unemployment rate since 2000, dropping 0.7 percentage points to 6.3 percent.

Tech sector jobs boom

Professional, scientific and technical services were “one of the fastest growing sectors in 2017,” the report says, posting a year-over-year increase of 29,300 people employed in 2017, an increase of 3.4 percent and the fastest rate of employment growth in the tech sector since 2008. Statistics Canada said most growth in this sector was in computer systems design and related services.

“This is a high-skilled, high-earning industry, with average weekly earnings of $1,577 (up 2.9 percent from 2016),” Statistics Canada reports.

Growth in tech sector employment was driven by Ontario, which posted an increase of 14,100 jobs in 2017, followed by Quebec, which witnessed an increase of 10,600 positions.

Despite this growth, the sector still had a “relatively high” job vacancy rate of 3.1 percent.

Immigrants see ‘strong’ employment growth

While down from the previous two years landed immigrants still experienced what Statistics Canada called “strong employment growth” of 2.7 percent in 2017. At the same time, the unemployment rate for immigrants dropped by 0.8 percent to 6.7 percent, the lowest annual rate since data became available in 2006.

“The gap in the unemployment rate between immigrants and Canadian-born has been less than one percentage point since 2015,” Statistics Canada noted.

Employment rates improved more among core-aged immigrants (25-54) than their Canadian-born cohort mates in 2017, with the largest increase (1.6 percentage points) occurring among immigrants who had landed in the previous five years. The employment rate for people born in Canada rose by 0.8 percentage points.

The employment rate for landed immigrants in Canada between five to 10 years was 77.2 percent and those in Canada 10 years or more was 82 percent.

Ontario sets the pace

Employment growth was spread across most Canadian provinces, with Ontario, Quebec and British Columbia leading the way.

Ontario, Canada’s most populous province had 128,400 more people employed in 2017 than the year before. Ontario’s unemployment rate of six percent in 2017 was the lowest it has been since 2000.

Growth was highest in Ontario’s accommodation and food services sector, followed by health care and social assistance and professional, scientific and technical services.

Toronto posted the highest pace of employment growth among Ontario’s economic regions last year with an increase of 69,700 more people employed than in 2016. The top four Ontario economic regions in terms of employment growth were rounded out by Hamilton–Niagara Peninsula, Kitchener–Waterloo–Barrie, and Muskoka–Kawarthas.

The strong labour market in Quebec

Employment grew in Quebec by 90,200 in 2017, an increase of 2.2 percent and the largest level increase in the province in 10 years. Most of that growth – 65,400 – was full-time work.

Quebec’s annual unemployment rate also fell a full one percent over the previous year to 6.1 percent. Statistics Canada further notes that unemployment hit five percent in December 2017, the lowest it has been since 1976.

The bulk of Quebec’s employment growth occurred in the Montreal and Montérégie economic regions and was led by the manufacturing and professional, scientific and technical services sector.

Canada’s lowest unemployment rate in British Columbia

On Canada’s West Coast, British Columbia posted the lowest unemployment rate in Canada in 2017, at 5.1 percent — a drop of nearly one percent over 2016. Employment in B.C. grew by 87,300, or 3.7 percent, last year.

B.C. also had Canada’s highest job vacancy rate last year, at 3.8 percent.

The sectors with the largest payroll employment increase in British Columbia in 2017 were accommodation and food services, construction and health care and social assistance.

Health care and social assistance top among sectors

Statistics Canada says the majority of payroll employment growth in 2017 (219,000) took place in services-producing sectors. The health care and social assistance sector led the way with an increase of 39,600 over 2016, the fourth year in a row that this sector has led payroll employment growth. The largest increase in this sector was posted in Ontario, with 14,600, followed by Quebec with 8,400.

One healthcare industry that has seen consistent employment growth is community care facilities for the elderly. Statistics Canada said growth in this industry has more than doubled since 2006, which reflects “the needs of aging population. The number of people over the age of 65 and older increased by 36.9 percent between 2006 and 2016.”

Rounding out the top three sectors for employment growth was accommodation and food services, professional, scientific and technical services and manufacturing.

The participation rate for women hits a record high

The labour force participation rate by women in the core 25 to 54 age group rose to 82.9 percent, the highest level on record. The rate was highest in Quebec (86.8 percent), which Statistics Canada said may be due to low-cost childcare in the province.

The growth rate of women in management positions was the fastest since 2004, driven by female managers in professional, scientific and technical services, among other sectors.

Women in management positions also experienced growth in hourly wages that was more than four times faster their male counterparts, rising by 4.1 percent in 2017.

Other notable findings:

Average weekly earnings increased in most provinces, with above national average increases in Quebec, British Columbia, Manitoba and Saskatchewan.

Employment increased among Canada’s core-aged population (25 to 54) by 166,000, or 1.4 percent — the fastest growth rate since 2000.

The fastest growing occupational group for men was health occupations, which recorded an increase of 8.9 percent — the fastest rate of growth since 1993.

Employment among people 55 and older rose by 141,000. The participation rate for this age group also rose to 37.9 percent, the highest it’s been since 1976.

The number of employees with temporary jobs grew at a much faster pace than those with a permanent job (5.3 percent compared to 1.4 percent). This continues a trend observed since 1997.

In 2017, 5.6 percent of employed people had more than one job.

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