Canada’s financial immigration system is among the most profitable on this planet, and is extensively seen as a “benchmark” for different international locations, a brand new OECD report finds.
On the eve of an election the place immigration points are anticipated to be up for debate, the report finds that relating to financial migration, Canada is doing issues proper. It factors to clean integration and excessive public acceptance of migrants as indicators of success.
It additionally says Canada has a powerful attraction to potential expert staff from world wide.
“Core to this success is not only the elaborate selection system itself, but also the entire infrastructure it is based on, which ensures constant monitoring and adaptation of its parameters.”
The report is being formally launched in Toronto as we speak. Its writer, Thomas Liebig, a migration specialist with the Group for Financial Co-operation and Growth, and Canadian Immigration Minister Ahmed Hussen are set to talk at an occasion starting at 9:30 a.m. ET, and CBCNews.ca is carrying it reside.
Liebig stated the report’s evaluation is “very favourable” of Canada. It is the tenth nation the OECD has studied as a part of a sequence of reviews into the labour migration methods of member international locations.
Liebig stated Canada has the biggest, longest-standing and most complete expert labour migration system within the OECD, and famous Canadians’ openness to migration is increased than different international locations.
“This high acceptance is certainly linked with the perception that migration is both well managed and beneficial to Canada,” he instructed CBC Information in an e-mail. “Not only is the selection system highly elaborate, but also many other factors support it which make for a well-managed system from which other countries can learn a lot.”
Sturdy knowledge assortment system
The report credit complete knowledge assortment and evaluation for Canada’s potential to reply rapidly to altering circumstances with coverage adjustments. It additionally lauds advertising and recruitment efforts by Canadian diplomatic missions overseas, in addition to a broad vary of settlement companies for newcomers.
However the report does discover areas for enchancment. Suggestions embrace:
- Streamlining, simplifying and standardizing the rating system for expert staff as a substitute of getting separate “pathways” to entry; abolish the Federal Expert Employee Program.
- Enable short-term visas for qualification to expedite licensing for professionals; improve data and harmonization round the credential recognition course of.
- Encourage progress of regional settlement outdoors main city areas; construct on success of Atlantic and rural immigration pilots.
- Contemplate introducing a selected trusted employer scheme for firms that make heavy use of the Short-term International Employee Program.
The report additionally praises Canada as a frontrunner in offering prearrival companies and helps on the Canadian lifestyle, well being and housing points, and discovering a job. However it notes solely 8.5 per cent of financial immigrants eligible for these companies truly accessed the helps.