We recently learned of Canada’s biggest and best immigration plans for 2018. From a strong desire to allow one million newcomers by 2020 to the promise of massive immigration funding, Canada crafted its exciting initiatives. He also spoke about the growing opportunities he has in store for various professions. But, with so many professions from various nations in the Canadian immigration fee race, don’t you think there has to be a profession that has “the best chance“For Canada? One sector in particular for which immigration can be as easy as ABC! Certainly, there is. It is the IT profession.
Canada is home to a vibrant and diverse tech sector and often a nation ranked among the top countries with the best IT and technical reach. Unfortunately, with the full scope of good technology and the ever-green job market, the nation lags behind in justifying vacancies 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 administrators.“said Bank of Canada Governor Stephen Poloz in a speech at Queen’s University in Kingston-Ontario.” MeImmigrants have a key role to play in helping the Canadian economy grow and offsetting the country’s growing skilled labor shortage.“He added, signifying the crucial role of immigration today in bringing the right talent to the desks of Canadian tech companies.
Growing numbers at the Canadian IT hub are good news for tech professionals
Largest sector: Canada’s information technology sector is by far the largest sector, employing almost 900,000 professionals a year, for all its domains. The country in recent years invested more than $ 9.1 billion in innovation and technological growth. Having grown faster than any other sector on the Toronto Stock Exchange (TSX) since 2013, Canada’s tech sector is now valued at $ 250 billion.
Companies on the rise: Since many technology companies in Canada are relatively new companies, there is significant revenue growth potential within the Canadian technology industry. In a rough estimate, there are almost 71,000 companies in Canada in its technology 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 already employed in IT jobs, mainly in the fields of project management, software development, data analysis, information security, etc. the shortage is still huge. By 2020, a vacancy of more than 216,000 technology professionals will be filled in all its domains. This means that until 2020, tech professionals will remain a guaranteed favorite of Canadian immigration.
Average income: Immigrants in the tech sector earn more than any of the professionals working in Canada. Tech 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 are capable of capturing.
Canada’s pitfalls become stepping stones for citizens around the world
One of the biggest hurdles in Canada’s IT industry is staff who will be retiring soon. Of the total number of employees in Canada, about 5,000,000 Canadians will soon be retiring. A large proportion of this number represents the information technology sector. While the Canadian government has introduced various programs and courses to train younger generations in its sector, success seems a long way off. With an unprepared youth and a growing skills gap, Canada needs more ITians through immigration.
LMIA has been an equal hurdle for employers in hiring new talent for their high-tech companies. With the increasing restrictions and restrictions of the LMIA, work permits have become outdated now for employers and they choose PR visas instead. As neither a job offer nor the LMIA are mandatory in PR visa processing, this option has gained more preference than any other avenue to Canada.
From India to Canada ITian-in 6 to 12 months
While IT is one of Canada’s favorite professions, India is marked as one of the favorite nations. In 2016 and again in 2017, the largest number of Canadian PR visas were issued to Indian nationals. Canada believes that India has talent and skills that rightly justify the requirements of the Canadian economy. Between the many many The initiatives taken by the Canadian government to invite large numbers of Indians and professionals from around the world in the shortest amount of time, a reduced CRS, technology-specific provincial nominations and the Global Skills Strategy are the most prominent.