Categories
Latest Updates

The Fastest Growing Industries For Newcomers To Canada: Canada is well-known for owning a stable and strong economy. After the Covid-19 Pandemic, Canada has seen a strong rebound in multiple sectors, and some are rapidly growing.

The most important factor for continued economic growth in Canada is the country’s high immigration targets. The Immigration Levels Plan of Canada for 2023-2025 shows that it will target to admit 500,000 new immigrants annually by the end of 2025.

Canada has a population of more than 39,000,000 people, of which 25% identify as immigrants. Canada often welcomes newcomers well-suited to fill gaps in the national labor force, especially those caused by retirements or a shortage of qualified candidates. In this article, we will discuss the fastest growing industries for newcomers to Canada.

The Fastest Growing Industries For Newcomers To Canada

Canada includes various opportunities for students in employment sectors, But some are rapidly growing with the most in-demand skills. The fastest growing industries for newcomers to Canada include  

  • Healthcare
  • Technology
  • Agriculture

Health Care

Canadians live longer than previous generations, meaning they require more medical care for longer. Due to this increase in demand, Canada’s provinces are making significant efforts to attract healthcare workers from abroad. Immigrants comprise 35% of Canada’s doctors, 23% of registered nurses, and 39% of dentists. 

As of February 2023, the healthcare industry has the highest job vacancies in Canada, with 143,800 vacant positions. The pandemic has particularly affected the nursing sector, with many nurses needing extended leave or leaving the profession altogether. 

IRCC has made it easier for healthcare workers to become permanent residents and removed barriers for previously considered self-employed physicians. Also, Self-employed occupations are not eligible for Express Entry.

How To Immigrate As A Healthcare Worker

Many Healthcare workers utilize the Express Entry program to come to Canada. Express Entry programs target highly skilled and qualified students in the Federal Skilled Trades Program, Canadian Experience Class, or Federal Skilled Worker Program,

Also, because healthcare is a regional responsibility, most regions include streams for healthcare workers under the (PNP) Provincial Nominee Program. For example, Alberta recently announced the Commited Medical Care Pathway as a part of the Alberta Rapid Entry Stream. 

Many other provinces also conduct PNP draws, especially for students in healthcare occupations. For example, British Columbia holds such draws almost every week, while Ontario invited 2,349 healthcare students through its Human Capital Priorities stream. 

Also, there are two federal pilot programs for caretakers of the elderly and children. The Canadian work experience requirement for caretakers to qualify for permanent residence under these programs has been decreased from 24 months to 12 months, as announced by the government earlier this year.

Technology

The main component of the 2023 federal budget was investing $20 billion to support the growth of infrastructure projects and the construction of major clean electricity. This investment is likely to create additional demand in the technology sector.

Many of the careers in the tech sector don’t need any college degree. In 2021, the average wage for employees in this sector was $90,252, well above the Canada-wide economy average of $69,311.

The growth of the AI ​​sector is also influencing the demand for Canadian tech workers. Invest in Canada, a government website developed to attract investment in Canada’s tech industry, reports show that Canada has 1,032 artificial intelligence tools and machine learning companies. The Global AI Index also shows that Canada ranks fourth for its global competitiveness in AI innovation, implementation, and investment.

Technology is one of the fastest growing industries for newcomers to Canada.

How To Immigrate As a Technology Occupation

IRCC provides various programs like the Global Talent Stream. This program is a main part of the Temporary Foreign Worker Program, designed to boost the development of the technology industry in Canada. Also, this program seeks to gain a processing average of 2 weeks once the possible worker submits the final application.

They also draw the specific program under the Provincial Nominee Program. Some examples of regional technology flows include OINP Tech Draw, the Alberta Accelerated Tech Pathway, BC Tech Stream, and  Saskatchewan Tech Talent Pathway. 

Agriculture

The Agricultural sector of Canada employs over  243,000 Canadians and has a vacancy rate of over 14,000.

The Royal Bank of Canada report shows that by 2033, around 40% of people who works as farm operators will retire. It also offers that to create up for a near-term skills problem, Canada must accept more than 28,000 permanent immigrants to set up or take over their greenhouses and farms over the next decade.

How To Immigrate As An Agricultural Occupation In Canada

IRCC announced it would extend the Agri-Food Pilot Program and stop occupational caps from filling some positions. Eligible occupations include:

  • Industrial butcher shops
  • food processing workers
  • harvest workers
  • retail butcher shops
  • Farm supervisors & specialized livestock workers
  • farm workers,

There are also committed streams under some PNPs for farm workers like healthcare workers.

It is all about the fastest growing industries for newcomers to Canada.

For more latest updates and information, keep visiting Course Mentor.
Source:- Canadian News