Canadian immigration statistics are increasingly in favor of tech professionals
We recently learned of Canada’s big and best immigration plans for 2018. From a strong desire to allow in a million new arrivals by 2020 to the promise of massive immigration funding, Canada has crafted its exciting initiatives. He also talked about the growing opportunities he has in store for various professions. But, with so many professions from various nations in the Canada immigration rate race, don’t you think there has to be one profession that has “the best opportunityFor Canada? A particular sector for whom immigration can be as easy as abc! Certainly there is. It is the IT profession.
Canada is home to a vibrant and diverse technology sector and often a nation ranked among the top countries for the best IT and technical outreach. Unfortunately, with all the reach of good technology and the evergreen job market, the nation lags behind in accounting for job openings with the right IT skills. “New applications are creating jobs that were unimaginable just a few years ago. Ten years ago, there were no smartphone app developers, no cloud computing engineers, and no social media managers.Bank of Canada Governor Stephen Poloz said in a speech at Queen’s University in Kingston-Ontario.Immigrants have a key role to play in helping to grow the Canadian economy and offset the country’s growing shortage of skilled labor.“He added, signifying the crucial role of immigration today in bringing the right talent to the desks of Canadian tech companies.
Growing numbers in the Canadian IT hub are good news for tech professionals
Largest industry: Canada’s information technology sector is by far the largest sector, employing nearly 900,000 professionals a year, across all domains. In recent years, the country has invested more than 9.1 billion dollars in innovation and technological growth. Having grown faster than any other sector on the Toronto Stock Exchange (TSX) since 2013, Canada’s technology sector is now valued at $250 billion.
Increase of companies: Since many technology companies in Canada are relatively new, there is potential for significant revenue growth within Canada’s technology industry. At a rough estimate, there are almost 71,000 companies in Canada in their tech sector alone. This represents almost 6.1% of all Canadian companies.
Job Prospects: Of the total employment in Canada, 5.6% comes from its technology sector. While there are more than 488,000 professionals who are already employed in IT jobs, mainly in the fields of project management, software development, data analysis, information security, etc. the shortage remains enormous. By 2020, a vacancy of more than 216,000 technology professionals will be filled in all its domains. This means that through 2020, tech professionals will remain a guaranteed favorite of Canada immigration.
average income: Immigrants in the technology sector earn more than any of the professionals working in Canada. Technology professionals earn a salary of up to $66,950 on average, while the national average for other sectors is about $48,000.
Looking through this lens, Canada’s tech sector is much larger than our current definitions can capture.
Canada’s hurdles become stepping stones for ITs around the world
One of the biggest hurdles in Canada’s IT industry is the soon-to-retire staff. Of the total number of employees in Canada, nearly 5,000,000 Canadians will be retiring soon. A large proportion of this number represents the IT sector. While the Canadian government has introduced various programs and courses to train the younger generation in their industry, success seems like a long way off. With an unprepared youth and a widening skills gap, Canada needs more TIians through immigration.
LMIA has been an equal obstacle for employers when it comes to hiring new talent for their high-tech companies. With the increasing limitations and restrictions of LMIA, work permits have become antiquated for employers choosing PR visas instead. As neither a job offer nor LMIA are required in PR visa processing, this option has gained more preference than any other route to Canada.
From India to Canada ITian-in 6 to 12 months
While IT is a favorite Canadian profession, India is marked as a favorite nation. In 2016 and again in 2017, the largest number of Canada PR visas were issued to Indian citizens. Canada believes that India has talent and skills that well justify the requirements of Canada’s economy. Between many many The initiatives taken by the Canadian government to invite a large number of Indians and professionals from around the world in the shortest possible time, a reduced CRS, technology-specific provincial nominations and the Global Skills Strategy are the most prominent.