As per a report from the OECD (the Organization for Economic Co-operation and Development), Canada has emerged as an appealing magnet for people from across the globe—especially for those who wish to explore an overseas nation which may offer them excellent opportunities. The report adds that at 0.7% of its populace, the Maple Leaf Country’s yearly immigration flow is presently one of the best amongst the OECD member countries.
During 2011–and post a historic year of 281,000 in 2010–the nation had 249,000 fresh permanent residents. The authorized planned range of admission is from 240,000 to 265,000 fresh permanent residents per annum. Here, 190,800 temporary overseas workers–who were given admission during 2011, besides the 98,400 overseas students, who arrived to gain from the national universities, and who could choose to reside & use employ their expertise in the nation’s industries–have not been included.
Groundless myths involving aliens
Allegedly, employment for the overseas-born citizens of Canada has shot up since 2008, even as the same has come to a stop for the Canada-born citizens. The rate of employment for the Canadian guests during 2012 was the third most impressive in the OECD. It reveals that the aliens are rapidly becoming a part of the work force and harnessing their expertise to good use.
Significantly, over 50% of the Canadian aliens are very educated putting the nation right at the apex amongst the OECD nations. Besides, a noteworthy figure of nearly 100,000 overseas students, making a trip to the nation every year, make a decision to reside, post obtaining a degree from a reputed world renowned Canadian university, such as the University of Toronto. Several other visitors are also eyeing Canada drawn by employment possibilities, besides the open-arm society for which the nationals are world-famous.
A crucial factor why overseas guests prefer for the Maple Leaf Country as an immigration destination is the mobility of labour that the nation provides. The World Economic Forum (WEF) has put the nation at the 7th position across the globe, in terms of labour market efficiency. Superior labour-market competence denotes that the employees stand a better chance of being offered with an atmosphere wherein they are inspired to give their best possible efforts.
Much more importantly, a significant proportion of every province’s aliens fall in the age bracket of 20-44 suggesting that the advantages of household formation are scattered all throughout the nation. This helps make clear why the national housing market has been so flexible over the course of the past 5 years or so, concludes the report.
