Immigration contributes significantly to Canada's population, accounting for 23% of the total. It is the primary source of population growth, the highest since Confederation, and the highest among the G7 nations.
The working-age population in Canada is on a slow decline, which could be a cause for concern. The ratio of workers to seniors is projected to drop to a worrying two-to-one ratio soon.
As the workforce ages, this may result in persistent labour shortages, impacting different sectors of the economy. Canada's reliance on immigrants is pivotal in maintaining its population numbers.
A considerable portion, approximately two-thirds of these recent immigrants, fall within the core working age group (25-54 years old).
This introduction of younger individuals revitalizes the population, potentially counteracting the implications of an aging workforce.
#Immigration_to_Canada, #population_decline, #Canadian_population
November 17, 2023
Ontario's construction sector faces a shortage of 72,000 workers, driven by high retirement rates and booming demand for housing and infrastructure.
Over 80,000 workers are set to retire in the next decade, needing more new workers to fill their positions.
This shortage could leave about 118,900 construction positions vacant by 2033.
The government is investing $3.6 million in projects to prepare 2,200 women and young people for careers in construction.
Meanwhile, the Canada Mortgage and Housing Corporation states that Canada needs 5.8 million new homes for affordable housing, but current construction rates could only supply 2.3 million units by 2030.
#Ontario, #Labour_shortages, #construction_workers
November 17, 2023
There has been a considerable increase in the number of international students choosing to further their studies in Canada recently.
This influx enhances the cultural diversity on campuses throughout the country and significantly impacts the education system, economy, and the communities that host these students.
The growing multicultural environment within educational institutions enriches the learning experience for both local and international students.
The increased revenues from international tuition fees also help to improve the quality of education and research in Canadian institutions.
Additionally, this trend contributes to the local economy as students spend on housing, food, and other living expenses.
#International_students, #Study_in_Canada, #Canadian_education
https://www.international.gc.ca/education/strategy-2019-2024-strategie.aspx?lang=eng
November 17, 2023
The Ontario Government plans to amend the Ontario Immigrant Nominee Program (OINP) to increase eligibility for international students.
The proposed legislation focuses on revising requirements for those in one-year college graduate certificate programs, with over 900 such programs across the province.
This offers international students who previously considered moving to other provinces a better chance for permanent residency.
The changes, possibly approved next week and implemented early next year, also ban Canadian work experience as a job prerequisite, facilitating more qualified candidates to progress in the interview process.
#Ontario, #OINP, #international_students, #PR
November 17, 2023
