Growing Canada’s future economy an ‘impossibility’ without immigration

The officials have said that the debate on the importance of immigration isn’t even there and now everyone in Canada has accepted the fact that without immigration it would be impossible to grow the economy.

The reports have been suggesting that the immigration rate of one per cent of the country’s population by the year 2030 would be offsetting the challenges which have been caused by the aging population.it has contributed to one third of the Canada’s projected average annual GDP with the growth rate of 1;.9 per cent per year. And in a multi trillion dollar economy that figure is quite substantial.

Back in 1971, there were around six working Canadians for each retiree but that ratio has dropped to 4:1 in 2012. There are chances that it could even drop to 2:1 by 2036 if the immigration levels failed to increase.

Immigration is the only bets option to maintain what the country have with a ratio of 2:1 in reference to social programs like public and health care, pensions and also infrastructure.

The multi-year levels immigration plan was introduced last year and it is responding to this demographic challenge which will increase the immigration rate to 0.9 per cent of the Canadian population by the year 2020.

Around sixty per cent of the immigration will be in the economic category which will be targeted towards filling the market gaps and as well as the skills gaps.

There have been massive impacts brought by the changes to the federal government’s Expr3ess Entry immigration system which was introduced late in 2016. It saw the increasing number of bonus points for a job offer reduced and other changes too.

Immigration, Refugees and Citizenship Canada has given the statement that after the changes there have been a shift in the number of invitations for the Canadian permanent residence issued through the Express Entry for applicants who have higher so called human capital scores, more specifically candidates in the Express Entry’s Federal Skilled Worker Class.

The high skilled labor class is being represented by immigrants now in a significant portion. It is said to be filling 50 per cent of all Technology, Science, Engineering and Math related jobs in the country.

The immigrant entrepreneurs are also helping to create jobs and also the jobs of the future. The most creative and innovative entrepreneurs are immigrants.

An immigrant who started a software company which is now one of the leading companies in Western Canada has employed 150 people.

The immigrants coming from different countries who are entrepreneurs have now surpassed the Canadian entrepreneurs in terms of self-employment and business.

The businesses will be selling their products to other countries which means that it will help Canada to open markets beyond the United States.

There have been population decline and labor shortages which have become quite apparent now in different provinces of the country. The government is working with the region’s provincial government to address and solve those issues through the Atlantic Immigration Plan AIP.

In the province, Newfoundland for every 100 people who have joining the workforce, there have 125 who are leaving the workforce. The gap needs to be addressed.

The AIP which is employer driven is allowing employers to recruit the foreign workers without the need for Labor Market Impact Assessment. It also comes with a settlement plan which encourages the employees to stay in the Atlantic Canada region.

The problem in Atlantic Canada is the retention rather than the attraction of workers. In Ontario and Alberta the retention rate is 90 per cent but in Atlantic its 60 per cent.

There are no plans to revisit the annual Provincial Nominee Program allocations until and unless Atlantic Provinces meet their quotas under the AIP.

Thousands more applications have been given to the top of their PNP number and the applicants have been encouraged to bring their families too. After finishing those numbers, only then one can talk PNP.

Major focus in the Atlantic and other provinces is on the settlement plan which among other priorities also help with the schooling of kids and the jobs for spouses.

It would be very difficult to move from Atlantic Canada for the skilled immigrant if they would have family roots there.

Proper integration of immigrants is not only important in Atlantic but across the country it is a vital issue and the newcomers should be ensured. AIP is very well aware that other regions of Canada are also expecting a population shift and they need workers in Northern Ontario and the rural areas of the country.

The success is measured by the hundreds of thousands newcomers who will enter the country every year under any different programs, are welcomed with open arms and then embraced by the Canadian family.

The faster that the newcomer is integrated into their normal routine life and succeed in Canadian life, the better they will contribute to the economy.

The people need to be careful about the challenging anti-immigrant sentiments which can be seen all around the globe and unfortunately on the high rise.

It is necessary for opinion leaders and leaders to not take something that Canada have as granted. There are measures being taken to push back certain narratives and also fighting the fear with the facts which will be helpful in the future.

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