The best time for foreign workers who chose Canada immigration is here!

The good time for Canada immigration and the better times to come for immigrants in Canada has an inspiring back story that deserves to be told. At the end of it, there’s more positivity and higher expectations from Canada immigration for both the country and the potential immigrants all over the world who love to move to Canada. The intriguing development Currently, the labor market and the job scene in Canada are on a roll! The unemployment rate in Canada has come to a record low of 5.3% since 1976. An increase in employment has happened in the goods and services sectors. The major concentration of gains through this development was in Quebec and Ontario provinces. In related developments, the total hours rose by 1.3%. An increase of 3.4% in average hourly wages was also seen on a year-on-year basis. On the other hand, there has been a growth in employment by 73,000 (0.4%) in March 2022. *Know your eligibility to immigrate to Canada, through Y-Axis Canada Immigration Points Calculator. Few reasons behind the current status A major development in the labor scene in Canada is the increasing retirement of older workers. It’s called the “exodus of the baby boomers”. These experienced workers who have reached their retirement age or are close to it are leaving a significant gap to be filled by new skilled workers. However, finding new workers among Canadians is proving to be an exercise not yielding the results expected at this juncture. This has shifted the focus to recruiting more skilled foreign workers who are younger and are eager to undergo Canada immigration at federal and provincial levels. Rising wages seen simultaneously happening with lowering unemployment rates was another major factor that fueled positivity in the immigration scene. Average weekly earnings of employees on payroll in non-farm employment in Canada increased 2.5% on a year-on-year basis. It touched CAD 1,161.58 in January 2022. This was the eighth monthly increase in average weekly earnings in a consecutive manner. Also, during the peak time of COVID-19, when travel restrictions were prevalent, Canada adopted a policy of approving immigration applications mostly, if not wholly, for international students and TFWs (temporary foreign workers). Youngsters who graduated in Canada found this a great opportunity to get employed while Canada had its immigration levels sustained and even improved, leading to achieving a record immigration level in 2021. The favorable policies of the Canadian government A higher priority and focus on human capital factors helped the Canadian government to identify and invite skilled immigrants with optimal potential. These were Canada immigration candidates who had the potential to contribute to the Canadian economy in a huge way. The human capital factors include education, age, Canadian work experience, and official language proficiency. Moreover, the Canadian government has made more investments in settlement services aimed at helping new immigrants. The better these services, the higher will be the ability of new immigrants to reap the social and cultural benefits of Canada immigration. The COVID challenge and Canada overcoming it Canada has always been highly determined to keep its immigration scene alive and thriving even through the difficult time of COVID-19. The main strategy was to focus on eligible foreign nationals already present in Canada, inviting them to apply for a Canada PR visa. Those who already had their PR visas approved, but were stuck overseas due to COVID restrictions were not yielding benefits to the labor market in Canada that was facing a skilled workforce crisis. In such a situation, Canada’s policy to convert eligible temporary residents including international students to Canada PR visa holders was apt and sensible. In all, the present scenario and its rippling effect on the future of Canada immigration are undeniably fascinating! Job generation will be consistently high in the near future. Your skills and talents will be recognized by Canadian employers in the best way possible. You can trust your abilities and apply for Canada immigration. If you are willing to migrate to Canada, talk to Y-Axis, the leading immigration and career consultant in the UAE. If you find this blog engaging, you may also like: British Columbia PNP draws: 160 invitations issued to potential immigrants