Toronto may soon become the largest tech talent hub in N America

With the US tightening its immigration rules, most tech companies are headed the Canada way. It is not surprising then that the careers page of any tech giant website in the US has job openings in Toronto.

Amazon has posted about 20 job openings in Toronto in the last couple of weeks alone. Microsoft plans to open up a new headquarter in Toronto by September 2020. This new office alone will create 500 full-time jobs and 500 internships by 2022.

As per the CBRE Scoring Tech Talent report of 2019, Toronto has the most “brain gain” in the recent 5 years. Toronto created 80,100 new tech jobs between 2013 and 2018. It also issued 22,466 technology degrees which means that there were 57,634 more tech jobs than technology graduates.

As per the CBRE Report, both Toronto and the San Francisco Bay Area were strong tech job creators. Both these cities added 54,000 more tech jobs as compared to the number of tech graduates.

Nearly 65% of all US companies who participated in a survey said that they preferred Canada’s immigration policies over the US. More than 50% of these companies are thinking about expanding into Canada or they already have.

The Global Talent Stream of Canada is a fast way for employers to bring their recruits into Canada. Established in 2017, the goal of the program is to process the LMIA for high-skilled temporary foreign workers in as less as 2 weeks.

More than 24,000 high-skilled migrants have come to Canada under the GTS in the last two years, as per CIC News.

There are other Work Permit programs in Canada that allow employers to skip the LMIA process. Multinational companies can opt for the Intra-Company Transfer Work Permit to send their employees to their Canadian offices. Employers may also use the NAFTA Professionals Work Permit stream if the employee in question falls under an eligible occupation.

High-skilled immigrants who want to live and work in Toronto can apply for a provincial nomination through the Ontario Immigrant Nominee Program.

The Human Capital Priorities Stream is an Express Entry-aligned category that invites candidates for a provincial nomination from the EE Pool.

The OINP conducted a tech draw on 1^st August and issued 1,773 invitations. The second tech draw happened on 15^th August which invited 997 candidates for a provincial nomination.

Y-Axis offers a wide range of Visa and Immigration products as well as services for aspiring overseas students including Study Visa for Canada, Work Visa for Canada, Canada Evaluation, Visit Visa for   Canada and Business Visa for Canada. We work with Regulated Immigration Consultants in Canada.

If you are looking to Study, Work in Canada, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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