The government of Canada is intending to make certain proposals in the immigrant investor category and hence would be coming out with certain amendments in the eligibility criteria meant for the same. Believe is that the alteration would help in strengthening the Canadian economy even further as more immigrants would be able to contribute in it.

According to the new proposals, new investors would be required to have financial assets of $1.6M. As compared to this figure, earlier it was essential to own a personal net worth of $800,000.

In addition to this facet, changes would require the applicant to make an investment of $800,000, a figure which has doubled its original amount of investment $400,000, which was in accordance to the earlier rules. The same was published in Canada Gazette on 26th June, 2010.

Till the time the amendments are implemented, the government will not accept any of the application forms under the concerned category. This would be done to prevent the extreme flocking of applications around the year. Since the year 1999, it has been the first time that the amendments are going to be inculcated under this category. Keeping in mind the easier eligibility criteria for this program, larger number of immigrants used to enter the country under this category.

Also, after the amendments would be finalized, the new forms would be processed along side the earlier ones, an aspect which will allow the government to know the benefits of the amendments at the first go. According to Minister Kenney, Canada is in need of Investor immigrants and the amendments would help the country in keeping up with the pace of changing economy.

none

The most prestigious and significant financial summit that is G-20 summit is going to be held in less than fourteen days. And amongst all the countries which come under G-20, Canada is going to host such prominent event.

Besides holding the unique position of hosting the event, Canada also stands a position of a country with strongest economic condition in the world. The problem of financial crisis nations such as Europe and North America underwent serious job recession phase but Canada remained unharmed and maintained its economic balance during that difficult phase.

Presently Canada stands as one of the strongest country amongst all the developed countries which forms the special group of G-7 countries. Canada holds this position because of its low debt, stronger economic condition and rising level of immigration. Canada has an upper hand over other countries because of the availability of rich resources and better demographics as comparable to other G-7 countries.

Canada’s rising level of immigration shows that many immigrants prefer going to Canada over other countries for settlement and business investment. An introductory data conducted by Citizenship and Immigration Canada proves the validity of this point very well. In the year 2009, a large number of immigrants were given the Canadian visa. According to the data collection, more than 50,000 foreigners were admitted to Canada.  This is quite impressive number as the population of Canada is 34 million people only. Today Canada is that one country where the profits of any investment are going to be in abundance. The investors will be enjoying various benefits such as corporate earning, dividends and permanent residency of Canada for those who are planning to give their contribution in the Canadian economy.

If you want to invest or start your business in Canada, then you can hire any immigration and visa consultancy which would help you in your visa application process.

2 com

As Canada is feeling the urge to attract more and more new skilled and younger workers into it, the country’s federal, provincial, as well as territorial governments came together to have talks on how to improve the country’s immigration system for that purpose. The meeting of the governments held in Ottawa.

In the meeting, Canadian immigration minister said that in order to confirm the country’s position in the world economy and face future challenges, Canada needs to retain its immigrants, as well as attract overseas skills it requires at this point of time. He was also caught saying that the combined efforts of Canadian governments would help the country reach it goals and prove itself as one of the best world destinations for the overseas immigrants.

The ministers from all the levels (governments) are committed to be cooperative in executing the country’s immigration system and would help welcoming and assisting new immigrants. Canada is already known for its welcoming nature when it comes to immigrants.

The governments in the meeting discussed many issues, including the significance of planning different aspects of immigration, including visa policies in order to make the department more complying for the needs of the economy. Immigrants and their success play an important role in making the Canadian immigration system to be responsive towards the Canadian economy. The ministers also had talked matters like progress on the Pan-Canadian Framework for the Assessment and Recognition of Foreign Qualifications. These provisions will help overseas workers in getting recognized for their training and eventually engaged in skilled work as soon as possible.

none

First of all, heartily congratulations to all the winners who are applauded as the “Top Canadian Immigrants” for the year 2010. The contest was crafted was a Canadian Immigrant Magazine, in accordance to which it was mandatory to fulfill certain mandates to qualify for the same. One should be above 14 years, hold citizenship of Canada or be a Canadian landed immigrant, in addition to living in the country for the last three years.

The winners are decided on the basis of their contribution to the Canadian economy and applaud those who went on to make huge difference personally or professionally through their valuable contribution! The winners were boosted with commemorative certificate and the best part is that they were given $500, which they could donate to their intended charity.

People from all over the world get some of the best opportunities in Canada, which enables them to come out with flying colors in their individual fields. Some make huge marks in politics; some get applauds in sports while some show their professional skills in Canadian businesses. All in all, the country is a huge hub for people to explore their talents and make big bucks!

Here are the names of all those Canadian Immigrants:

Donovan Bailey, Toronto, ON; Raffi Cavoukian, Salt Spring Island, BC; Vasdev Chanchlani, Mississauga, ON; Dr. Jagessar Das, Surrey, BC; John Furlong, Vancouver, BC; Charan Gill, Surrey, BC; Ian Hanomansing, Vancouver, BC; Maggie Ip, Vancouver, BC; Aditya Jha, Mississauga, ON; Vinod Karna, Markham, ON; David Lin, Toronto, ON; Dr. Joyce Madigane, Charlottetown, PEI; Dr. Lalita Malhotra, Prince Albert, SK; Vivienne Poy, Toronto, ON; Sumith Priyashantha, Saskatoon, SK; Balwant Sanghera, Richmond, BC; Dr. Asha Seth, Toronto, ON; Fulvia Fadigas de Souza, Vancouver, BC; Yasuko Tanaka, Saint John, NB; Parag Tandon, Toronto, ON; Rafael Fabregas, Toronto, ON; Sultan Jessa, Kirkland; Hadi Mahabadi, Mississauga, ; Vijay Sappani, Toronto, ON and Suchart Yodkerepauprai, Toronto, ON

Cheers winners!

none

The Canadian Provincial Nominee Program is a great means for a certain business class category and aims at attracting more and more business migrants to the country. It offers a quick immigration for skilled workers who fulfill the mandatory eligibility requirements attired with the same.

The process for immigration is fast as compared to other programs. Additionally, British Columbia has been at the top when it comes to alluring the business minded applicants. The provincial program is meant for experienced businessmen, skilled workers who qualify for the same, graduated holding post secondary education and their clans, applicants who have been nominated by their provinces, along with their family members are capable for file application for PR.

It started off nine years back but did not receive the same response as it is getting now. Stats point out that since the year 2002; almost 571 applicants have gained approval and further created two thousand five hundred and fifty jobs till now. They have also contributed in enhancing the Canadian economy.

According to Minister Moira Stilwell, the program has turned out to be a huge success as everything is moving in an apt direction. This year has proved a turning point as far as achieving targets are concerned. She said that the country is right on line as they have set a standard of 160 applicants for the year 2010-2011.

The largest source nations for BC have come out in the form of China, Korea as well as the UK. Hence, people opting for an accelerating immigration can chose the Canadian Provincial Nominee Program as their option for getting a visa.

none

The Government of Canada conducts an internship program known as the Young Newcomers Internship Program. This program is being extended to permit more immigrants to come and learn in Canada.

According to Jason Kenney, the Immigration Minister for Canada, this program is the perfect instance of how refugees and new immigrants could be helped by the Government of Canada to integrate with the local Canadian crowds. This would help them leap over certain obstacles which they might face post landing. Work experience in Canada would definitely help them in the right way.

When the scheme was first introduced, the immigration department of Canada enrolled twelve immigrants from various countries such Ethiopia and Afghanistan. All the immigrants were granted an internship for the duration of four months which was then followed by another four months in some cases. The very next year, twenty immigrants were selected from the same program.

This particular program is being expanded to many other departments in the government. This would aid in providing more opportunities for many young immigrants as well as refugees to live and work in Canada. More so, gain experience and expertise and thus, contribute to the economy of Canada.

This amend has been supported by the Minister of Human Resources and Skill Development, Diane Finley. This program is definitely a good way to bring in more immigrants who could be trained according to Canadian standards and bank on the necessary skills that are required by the Canadian economy.

none

As per the announcements made by Jason Kenney, the Minister for Citizenship, Immigration and Multiculturalism, the Action Plan for Faster Immigration would involve more changes. According to the announcements made, consultants would be hired by the Canadian government who would decide on the occupations that should be a part or not of the Priority Occupation List.

The Priority Occupation List was brought out in 2008 to expedite the process of immigration for the skilled workers category. Also, those occupations which the skill demand was high could be catered to instantly.

The Federal Skilled Worker program permits those applicants whose professions are mentioned in the Priority Occupation List to come and work in Canada. They do not need to have a job offer in prior in their specific industry. However, in some cases having an arranged employment is mandatory to be eligible.

During the announcement, Kenney said that the Priority Occupation List has been a huge success. However, with the change in the economy and its demands, the skills required also change.

The program is intended to benefit both the Canadian economy as well as the immigrants coming to Canada. Thus, with opportunities come the ever changing needs of the economy.

So, all those intending to immigrate to Canada must apply now before they are deemed as being not eligible. This is because with the changing needs, it is possible for the specific occupation category under which they are applying might be removed.

Above all, the laws for immigration are subject to change constantly without the issue of any prior notice.

none

If you have already decided to settle down in Montreal as part of your immigration to Canada, you have all the reasons to be confident and happy. Choosing Montreal as your new home is a smart move, since the city is content with all the amenities and facilities you expect your new home to have.

This Canadian city is placed at the 22nd position in a list of 215 cities to live in by a survey carried out by the Mercer Human Resource Consulting. For a number of reasons people choose Montreal over other Canadian cities when it comes to work and live. Immigrants are more attracted towards this city for a range of things- starting from the economic scenario to cultural diversity, from entertainment opportunities to affordability of living.

When immigrating to a new place is concerned, employment factor play one of the most important roles as determinant. Montreal has one of the most flourishing economies in Canada, with ever sprouting sectors, such as technology, health care, machinery industry, building management services, and food and beverages manufacturing services. As far as Canadian economy is concerned, this city has always played an important role and remained a major economic center that creates thousands of jobs every year.

Major industries in Montreal include pharmaceuticals, aerospace, software engineering, textile, telecommunications and electronic goods. Overseas workers mostly get themselves engaged in service sectors like finance; civil, mechanical and process engineering; higher education; and research and development.

Since education facilities make one of the important factors in choosing an immigration destination, Montreal definitely makes the perfect place for you and your family. The city has a wide range of reputable institutions that offer quality education. Thus, if you have zeroed on in Montreal as your Canadian destination, have peace of mind and plan towards your trip!

none

Canadian Prime Minister Stephen Harper has affirmed that recovery efforts are going on and the Canadian economy is creating jobs on a frequent manner. He said that the recovery is steady ad the Canadian economy has already started creating jobs which shows glimpse of recovery.

But this facet doesn’t mean that we should declare success. No matter how smoothly the economy is running, this is not the time to relax or withdraw yourself completely from the economy wheel, Harper affirmed.

Statistic Canada has confirmed that Canadian economy has shown a massive recovery with a growth of 5 per cent pace in the fourth quarter. Although Harper confirmed that it is too early for them to affirm that the nation has surpassed recession in a successful manner.
His speech in the House of Commons expressed that the domestic demand of the nation is strong but since the export markets are facing uncertainties, the recovery is slow and should not be taken lightly.

Talking about the employment rate he said that it is true that the unemployment rate is high but the level was less as compared to the recession times of 1980s and 1990s. in addition, there is a creation of new jobs too!

Surely, a good news for prospective applicants who are planning to immigrate to Canada in the upcoming future. With more job opportunities crafting in future, it is the right time to search for employments in Canada.

2 com

Last year the Canadian Immigration minister Jason Kenney stated that there would be certain changes to the Temporary Foreign Worker Program. But, the discontinuation of Parliament session left no scope for the proposed changes to come forth as regulations. However, as the Parliament session is starting for this year, we can expect to get some updates on those changes.

However, if the proposed changes are to be enacted, that will have deep impact not only the foreign workers in Canada, but their families in their home countries and employers altogether. At present, the country has about 300,000 overseas workers, who have been an integral part of the Canadian economy. Reportedly, an estimated number of 10,000 foreign workers have contributed to the 2010 Vancouver Olympic Winter Game to make it a success.

Below are a few changes that have been proposed in context of the Canadian Work Permit Holders:

According to the proposal, workers who have been working and living in Canada for the four years would not be allowed to work there for further six years.

Workers, who intend to stay in Canada for over four years, would require following the same procedure that one is required to follow to obtain permanent residence in the country.

These are only a few highlights of the proposed changes that could make the situation miserable for foreign workers, as well as their employers and families in the native countries. If these changes are to come into force, foreign workers on Canadian work permits, who have been a part of the reason as to why the Canadian economy is doing well at this time of economic uncertainty, will suffer a lot and many would lose their jobs!

none

Categories

ABHINAV

ABHINAV

Twitter Updates

Blogroll