Canadian immigration statistics are increasingly in favor of tech professionals

We recently heard about Canada’s big and best immigration plans for 2018. From the strong desire to allow one million newcomers by 2020 to the promise of massive immigration funding, Canada has come up with its own exciting initiatives. He also spoke about the growing opportunities he has in store for various professions. But, with so many professions from various nations in the run up to Canadian immigration rates, you don’t think there has to be a profession that has “the best chance“For Canada? One particular industry where immigration can be as easy as ABC! Of course there is. It’s the IT profession.

Canada is home to a vibrant and diverse tech sector and often a nation ranked among the top numbers of countries with the best IT and technical fields. Unfortunately, with all the good technological possibilities and the ever-green job market, the nation falls behind in justifying vacancies with the right IT skills. “New applications are creating jobs that were unimaginable just years ago. Ten years ago, there were no smartphone app developers, cloud computing engineers, or social media managers“Bank of Canada Governor Stephen Poloz said in a speech at Queen University in Kingston-Ontario.”migrants have a key role to play in helping the Canadian economy grow and compensate for the growing shortage of skilled labor in the countryhe added, pointing to the crucial role of immigration today in bringing the right talent to the desks of Canadian tech companies.

The growing numbers in the Canadian IT hub are good news for technology professionals

Larger sector: Canada’s Information Technology sector is by far the largest sector and employs nearly 900,000 professionals per year, across all of its domains. The country has invested over $ 9.1 billion in innovation and technological growth in recent years. Having grown faster than any other sector on the Toronto Stock Exchange (TSX) since 2013, Canada’s tech sector is now valued at $ 250 billion.

Growing companies: As many tech companies in Canada are relatively new startups, there is the potential for significant revenue growth in the Canadian tech sector. On a rough estimate, there are nearly 71,000 companies in Canada solely in its technology sector. This represents nearly 6.1% of all Canadian businesses.

Employment prospects: Of the total employment in Canada, 5.6% comes from the technology sector. Although there are over 488,000 professionals already employed in IT jobs, mainly in the fields of project management, software development, data analytics, information security, etc., the shortage is still huge. By 2020, a vacancy of more than 216,000 technology professionals must be filled across all of its domains. This means that until 2020, tech professionals will remain a favorite of Canadian immigration.

Average income: Immigrants in the tech sector earn more than any professional working in Canada. Tech professionals earn a salary of up to $ 66950 on average, while the national average for other industries is around $ 48,000.

Looking through this lens, Canada’s tech sector is much larger than our current definitions are able to capture.

Canada’s obstacles become springboards for Italians from all over the world

One of the biggest obstacles in the Canadian IT industry is a staff that will soon retire. Of the total number of employees in Canada, nearly 5,000,000 Canadians will soon retire. Much of this number represents the IT sector. Although the Canadian government has introduced several programs and courses to train younger generations for their industry, success feels like a long journey. With an unprepared youth and a growing skills gap, Canada needs more ITians through immigration.

LMIA represented an equal obstacle for employers in hiring new talent for their high-tech companies. With the growing constraints and restrictions of the LMIA, work permits have become an old fashion now for employers and they choose PR visas instead. As neither a job offer nor LMIA is required for PR visa processing, this option has gained more preferences than any other route to Canada.

From Indian to Italian Canada – in 6-12 months

Although IT is Canada’s favorite profession, India is marked as a preferred nation. In 2016 and again in 2017, the largest number of PR visas for Canada were issued to Indian citizens. Canada believes that India has talents and capabilities that rightly justify the needs of the Canadian economy. Between many many initiatives taken by the Canadian government to invite large numbers of Indians and professionals from around the world as quickly as possible, a reduction in CRS, specific provincial appointments for technology and the global skills strategy are important.

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