Canadian Tech Group Welcomes Decision to Make Global Talent Stream Permanent

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Canadian Tech Group Welcomes Decision to Make Global Talent Stream Permanent

The Council of Canadian Innovators has tagged Canada’s Global Talent Stream pilot a game changer; hence it welcomes the proposal by the federal government to make it permanent.

Canada’s Global Talent Stream was launched in 2017 as a subset of Canada’s Temporary Foreign Worker Program with the aim of helping employers in high-growth Canadian startups, information technology, and Science, Technology, Engineering and Mathematics (STEM) inclusive, to get foreign workers with needed skills much easily by fast-tracking work visa applications.

Usually, Canadian employers are required to submit proof that the skill they seek is not available in the country, but under Canada’s Global Talent Stream, employers are only required to submit Labour Market Impact Assessment (LMIA). This makes the approval process both easier and faster.

Work visa can be granted to foreign critical highly skilled labor in just 10 days once LMIA confirms there are no workers in Canada who have the required skills.

Since its introduction, this program has made a significant difference which led to calls from employers and other stakeholders to make it permanent. The government of Canada shared the sentiment and the proposal to make Global Talent Stream permanent was announced in the country’s budget for 2019.

The Game Changer

The executive director of Council of Canadian Innovators, Benjamin Bergen, said the 14-days processing time is a game changer because highly skilled talents are the lifelines of fast-growing firms.

He said making the program permanent will be very vital for Canadian tech leaders as they look to scale up globally. About 216,000 job vacancies are expected to be in the Information and Communication Technology sector by 2021; hence it is important to recruit highly skilled labor to avoid labor scarcity, according to forecast by Canada’s Information and Communication Technology Council (ICTC).

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