Newcomer access to credit in Canada improves over time, according to new study

Credit to Author: Vimal Sivakumar| Date: Thu, 28 Sep 2023 12:30:18 +0000

Credit invisibility occurs when an individual’s credit history is too short for a reporting agency to calculate a credit score, or they lack enough information to calculate “the most” accurate credit scores. Due to the widespread importance of building credit in Canada – whether to finance a vehicle, apply for a student loan or acquire […]

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Labour Force Survey: Employment in Canada held steady in February 2023

Credit to Author: Julia Hornstein| Date: Sat, 11 Mar 2023 14:00:16 +0000

According to Statistics Canada’s latest Labour Force Survey, employment in Canada stayed relatively the same (+22,000; +0.1%), following two monthly increases in December 2022 and January 2023. Discover if You Are Eligible for Canadian Immigration The unemployment rate remained unchanged at 5.0%, which is just shy of the record-low 4.9% that was seen in the […]

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IRCC extends policy that allows visitors to obtain work permits if they have valid job offers

Credit to Author: Edana Robitaille| Date: Tue, 28 Feb 2023 18:19:48 +0000

Immigration, Refugees and Citizenship Canada (IRCC) has announced that any foreign national who receives a job offer while in Canada will be able to apply for, and receive, a work permit. This is an extension of the COVID-19-era temporary public policy that was set to expire today. To be eligible to apply, an applicant looking […]

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Canadian immigrants’ efforts to find employment complicated by perceived skills mismatch

Credit to Author: Vimal Sivakumar| Date: Sun, 19 Feb 2023 12:00:53 +0000

Skilled Canadian immigrants are being confronted by a perception that they may not possess the skills/aptitudes required to perform many of the same jobs in Canada that they might have performed in their country of origin. This perception is built largely on three factors: immigrants’ lack of Canadian work experience, “language problems”, and pitfalls with […]

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Work and Study Permit holders see huge gains in employment, as strong hiring continues in Canada

Credit to Author: Asheesh Moosapeta| Date: Tue, 14 Feb 2023 14:00:08 +0000

January saw a considerable increase in overall employment, as 150,000 jobs (+5% of total employment) across Canada were filled in the first month of 2023. Learn more about Canadian immigration and discover your options The strong surge in hiring yielded big increases in employment for many groups (primarily workers aged 25-54), with Non-permanent Residents (NPRs)—those […]

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December 2022 Labour Force Survey: Employment across Canada rises by over 100,000 to wrap up the year

Credit to Author: Vimal Sivakumar| Date: Sat, 07 Jan 2023 13:00:05 +0000

According to the latest Labour Force Survey (December 2022) released by Statistics Canada, employment in Canada rose 0.5 percentage points over the month (+104,000 jobs), as the national unemployment rate dropped to 5.0% (-0.1% month-over-month). General employment trends across Canada Many immigrants to Canada come to this country seeking a better life, which often includes […]

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Recent Canadian immigrants endured disproportionate economic strain due to COVID-19: Statistics Canada

Credit to Author: Vimal Sivakumar| Date: Mon, 05 Dec 2022 21:43:44 +0000

The economic contributions of Canadian immigrants cannot be understated. They are integral in helping lessen the impact of Canada’s shrinking natural labour force. At the same time, however, Canadian immigrants were disproportionately disadvantaged by the COVID-19 pandemic compared to this country’s Canadian-born population. Job loss due to pandemic lockdowns According to the new report from […]

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Canadian employment up by 10,000 jobs in November 2022: Labour Force Survey

Credit to Author: Vimal Sivakumar| Date: Sun, 04 Dec 2022 14:00:31 +0000

According to the latest Labour Force Survey (November 2022) released by Statistics Canada, women between 25 and 54 years of age (considered to be of core working age) experienced a rise in employment of 0.4%. Of particular interest, especially after Canada’s most recent Immigration Levels Plan (2023-2025) announced record-high immigration targets over the next several […]

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Canadian job vacancies have reached another all-time high

Credit to Author: Edana Robitaille| Date: Wed, 21 Sep 2022 17:00:11 +0000

Statistics Canada has released results of the Job Vacancy and Wage Survey report for the second quarter of 2022. Overall, vacancies were up 4.7% from the first quarter of 2022 and 42.3% higher than the second quarter of 2021. There are nearly one million job vacancies in Canada across all sectors, or an overall rate […]

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IRCC’s #ImmigrationMatters campaign highlights the benefits of immigration

Credit to Author: Edana Robitaille| Date: Wed, 14 Sep 2022 12:00:48 +0000

Each year in September Immigration Refugees and Citizenship Canada (IRCC) runs its #ImmigrationMatters campaign to raise awareness about all the ways immigration enriches Canada. Also called #WelcomingWeek2022, IRCC runs this campaign both to educate Canadians on why immigration is so important, as well as make potential newcomers aware of all they have to gain by […]

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