News Analysis
Canada’s push to attract highly skilled immigrants is meeting with success, according to feedback from the MaRS Discovery District innovation hub and the OECD. In the global race for talent, Canada is emerging as a model for other nations.“Canada also has the most carefully designed and longest-standing skilled migration system in the OECD. It is widely perceived as a benchmark for other countries, and its success is evidenced by good integration outcomes,” according to the OECD report “Recruiting Immigrant Workers,” published on Aug. 13.
“So far, the experience with the EE program has been positive and it has helped employers [startups] retain highly skilled talent,” said Sunil Macwan, who manages the Global Talent Program at MaRS Discovery District in Toronto.
“Compared to all the other PR [permanent resident] programs, EE is the best and the fastest route available,” Macwan said. Under EE, candidates for selection are pooled and the highest-ranking ones are invited to apply for permanent residency.
But there is room for improvement with EE, as the OECD says that entry criteria to the pool are not well aligned with the final selection criteria.
“Providing for a single entry grid based on the core criteria for ultimate selection would simplify the system and ensure common standards,” said the OECD.
The OECD also recommends making it easier for immigrants to obtain Canadian equivalents to their foreign credentials. Often, advanced degrees obtained in foreign universities are not recognized in Canada, resulting in sometimes lengthy re-education and training while the candidate works in lower-skill-level jobs.
Decades-Long Strategy
“Since 2017, our Global Skills Strategy has attracted more than 40,000 highly skilled individuals to fill critical positions, helping 1,100 Canadian companies grow and create 60,000 new jobs in the process,” said Immigration Minister Ahmed Hussen in an Aug. 13 press release. He added that the government has cut wait times from seven months to as little as 10 days.For MaRS, the top regions that immigrants have come from via the government’s programs are Brazil, India, Eastern Europe, the United States, and Nigeria.
The skills in demand and positions filled aren’t just technical like software development, coding, and data analysis. MaRS has also filled requirements for executive-level leadership, sales and marketing, and research positions that need PhDs.
Canadian business faces its share of challenges from regulation and taxation, but the country has a very capable and well-educated workforce that is being boosted by tried-and-tested immigration policies.
Sixty percent of Canada’s foreign-born population is highly educated—the highest share among OECD countries—largely as a result of many decades of managed labour migration. More than 20 percent of people in Canada are foreign-born—one of the highest shares in the OECD.