Technology Immigrants Drive Canada's Economic Growth

17 January 2019

Technology Immigrants Drive Canadas Economic Growth Evelyn Ackah Ackah Business Immigration Law

Technology immigrants continue to drive Canada's economy. If immigration was cut, by 2040 Canada's economy would feel the hit when 26.9% of Canada's population will be 65 or over, says the Conference Board of Canada.  

The Canadian government has created programs to recruit highly educated and skilled immigrants, including tech workers, MBAs, graduate students and entrepreneurs. 

  • Global Talent StreamSkilled workers can receive work permits and temporary resident visas in two weeks 
  • Start-Up Visa Program for Entrepreneurs: Link immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups
  • Vancouver British Columbia Entrepreneur Immigration: Regional pilot program that to attract entrepreneurs with a desire to start businesses, create jobs and settle in regional centres, and contribute to their local economy. 
  • Study Visa Work Permits: Qualified graduate students on a study visa can receive work permits to work while in school and for up to 3 years after they graduate.  

Near-Shoring to Canada 

In addition, many American tech firms are near-shoring to CanadaCanada has a very skilled and highly-educated native and foreign workforce. American tech companies recognize the financial, geographic and cultural benefits that make outsourcing work to Canada a smart business decision. 

According to a recent report by Bloomberg,

Canada’s immigration system has long targeted the highly skilled. More than 65 percent of foreign-born adults had a post-secondary degree in 2017, the highest share tracked by members of the Organization for Economic Cooperation and Development. “We are the biggest talent poachers in the OECD,” says Stéfane Marion, chief economist of the National Bank of Canada. As a result, he says, the country is better equipped to deal with globalization and technological change—“it’s a massive, massive advantage.”

Canada's Brain Gain 

Canada is successfully attracting international academics and professionals in what has been termed a brain gain. Bloomberg reports that Amazon has created over 10,000 jobs in Canada over the past few years and plans to add more than 6,000: 

“We’re continuously impressed by the caliber of talent, and that includes folks who have come here from all over the world to build a new life,” says Tamir Bar-Haim, Amazon’s head of advertising in Canada, who immigrated from Israel. 

In addition to near-shoring, many Canadian companies are actively recruiting skilled foreign workers including tech companies, universities and research organizations. 

Scientists are being recruited to and moving to and visiting Canada, despite recent visa issues faced by scientists traveling to Canada for an Artificial Intelligence conference. 

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We Can Help 

Evelyn Ackah is a US and Canada immigration law expert and founder and managing lawyer at Ackah Business Immigration Law. Business immigration law focuses on helping people move into new opportunities — both personally and professionally. Ackah Immigration Law helps you to navigate the complex maze of rules and regulations involved with Canadian, U.S. and international immigration law with confidence. Headquartered in Calgary and with offices in Vancouver and Toronto, Ackah Business Immigration Law provides legal immigration advice for those looking to move for work, education or personal reasons.

We provide expertise in all areas of immigration law ranging from corporate immigration to personal and family immigration matters. We provide comprehensive immigration services to clients around the world representing corporations, institutions, not for profit organizations and individual clients. As your immigration lawyers and paralegals, we provide you with timely and strategic advice relating to the constantly changing immigration laws and regulations. 

Contact Ackah Business Immigration Law

Calgary: (403) 452‑9515     Vancouver: (604) 985‑9512     Toronto: (416) 643‑7177

North America: 1 (800) 932-1190

contact@ackahlaw.com 


Contact us:

Email:
   contact@ackahlaw.com

Phone:
   Calgary: (403) 452‑9515
   Vancouver: (604) 985‑9512
   Toronto: (416) 643‑7177

   North America: 1 (800) 932‑1190


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