Canadian businesses are hurting due to manpower shortages

Highlights for Businesses facing manpower shortages in Canada

• Canadian businesses face severe workforce shortages to fill up unoccupied jobs, especially since the rate is high in Ontario.
• Based on Canadian statistics, the number of empty jobs maximized to 387,235 in the biggest province of Canada, Ontario.
• The manpower shortages have raised more than 15% in Ontario compared to other Canadian provinces.
• Ontario plans to double the intake of foreign nationals for the province under OINP.
• 40% of Canadian businesses are currently facing severe manpower shortages.

Canada struggling to find workers to fill jobs in their businesses

Canadian businesses get worried about the declining business economy as they were unable to find workers to fill the existing workforce shortages. As the Christmas shopping season is nearer, the number of jobs increasing and the number of workers declining.

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Ontario businesses have a huge requirement

The biggest province Ontario of Canada is currently facing struggling to fill in the shortages in the workforce. During the second quarter of 2021, the number of vacant jobs was 264,530.

 By the 2022 second quarter, Ontario has seen 46.4% raise in vacant jobs reaching 387,235. Even though most Ontarians hold jobs, there is a huge requirement.

The payroll employees in Ontario maximized by 506,895 workers which means an increase of 8.6%. The shortages of the workforce in Ontario raised to 15% more which is a larger requirement compared to other provinces.

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Canadian provinces facing dire requirement for people to work in Canada

Ontario and its rural communities

Ontario plans to permanent the pilot immigration programs. Employers are unable to attract candidates for small and rural communities from urban areas. Hence plans to introduce regional pilot programs to support the economic growth and manpower shortages in small communities and rural areas. And these pilots might become permanent very soon.

Ontario business groups request doubling the allocations under OINP

The usual allocation of Ontario was 9,000 in 2021. As Ontario feels it is insufficient as per the allocations for employment. Hence requesting the federal government to double the allocation under the OINP (Ontario Immigrant Nominee Program).

Canada has more than a million jobs to fill and as there are no Canadians and Permanent residents available to replace employers switch to foreign nationals to support the country’s economy with currently available economic immigration programs.

Canadian businesses have more than 70% vacant jobs by June 2022, which is more compared to pre-pandemic (February 2020).

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Temporary Foreign Workers in Canada Seeing Pay Hikes

Canada immigration minister developing new, faster Temporary to Permanent visa policy

Canadian routes to become Canadian workforce

Employers recruit international talent and the workforce by using:

• Temporary Foreign Worker Program (TFWP)
• The International Mobility Program (IMP)

Global Talent Stream (GTS), is one option that allows foreign nationals to get a Canada work permit and get processed their visa in just two weeks. GTS is a part of the Temporary Foreign Worker Program.

Most employers also get international citizens to fill the available manpower shortage positions using Express Entry System, which is an online application system.

The applicants who satisfy the eligibility criteria have to submit their profile online, which is called an Expression of interest (EOI).

Under the Express Entry, there are three federal immigration programs or a participating PNP (Provincial Nomination Program). The applicant needs to apply for any immigration program under the Express Entry Pool.

The applicants' profile will be ranked based on the points-based system, which is called CRS (Comprehensive Ranking System)

7. The highest-ranked applicant will receive ITAs (Invitations to Apply) from IRCC which makes them eligible for applying Canadian PR.
8. The applicants need to apply for Canada PR within 90 days along with complete application and application processing fees without delay, once they receive the ITA.

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