Canada is the top overseas work destination
Posted on March 8, 2021
Canada has replaced the US to become the most preferred overseas jobs destination, according to a survey by the Boston Consulting Group (BCG). A study conducted between October and December 2020 of nearly 209,000 people in 190 countries titled “Decoding Global Talent, Onsite and Virtual” revealed that Canada is the first on the list of most preferred countries for an overseas career.
The survey revealed that those who wished to move abroad for work were predisposed to favor countries with a successful record in dealing with the pandemic.
Canada and US
The United States had previously topped the list in previous polls. In the 2020 survey, the United States has dropped a point, and Canada has risen to the top. This is not unexpected, given what happened in the United States in 2020. The US did not fare well in the treatment of the coronavirus. Canada fared much better in terms of infection rates and deaths from the coronavirus.
Canada is also the preferred destination for those with master’s or doctoral degrees, those with digital training or experience, and those under 30. Companies and countries value these characteristics.
Trump’s anti-immigration policies had a role to play. He reduced the number of foreigners who can come here on an H-1B visa and sought to control the issue of Green cards. Thanks to the current US president, Joe Biden’s pro-immigration stand, things may look up now.
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Job opportunities in Canada
According to the Conference Board, Canada’s economy has expanded by 6.7 percent in 2021 and 4.8 percent in 2022.
Over the next five years, the following industries will have about 10 lakhs jobs in Canada.
- Business and finance
- Community and social service
Since Canada is a developed country, there is a labor shortage in the economy. The government has set a target of accepting nearly 432,000 new immigrant landings by 2022 to fill this gap. The goal for 2022 is to employ many people who are young professional employees.
Fortunately, many in-demand jobs offer excellent pay for the next five years, and employers may need skilled workers due to labor shortages. The government has started initiatives to expedite visa processing to achieve this aim.
Canada’s immigration programs
Canada offers several immigration programs. The country offers more than 80 economic class immigration pathways to skilled workers. The most well-known one is the federal Express Entry system.
Another popular immigration program is the Temporary Foreign Worker Program (TFWP), which allows Canadian employers to hire foreign workers when local employees are unavailable.
Other immigration pathways for foreign workers include the International Mobility Program (IMP). The other option is the Global Talent stream which does not require a Labor Market Impact Assessment (LMIA).
Canada has emerged as a top overseas job destination thanks to its immigration policies and better handling of the pandemic.
Willing to work overseas ? Talk to Y-Axis, the World’s No.1 Overseas Career Consultant.
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