This Week in Canadian Immigration: June 16th, 2017
Each week we collect stories related to Canadian immigration, and we provide a brief summary of each story in our weekly blog edition. Below you will find snapshots of stories that range from the ongoing changes in Canadian immigration laws to success stories. We then give you fresh links at the bottom that link to each story within our summary. Let’s dive in!
Breaking Canada Immigration News
When people think of the latest technology they think of Silicon Valley, the home of the greatest tech companies in the world. The Silicon Valley has always been the hub for top foreign talent to build the newest and best tech products. Lately, the U.S. government has made it more difficult for these tech companies to hire foreign workers as they have a cap on expedited visas for high-skilled workers and a pending plan to restrict H-1B visas. Canada is stepping up and coming forward with competitive visas to lure more foreign talent to their country. The Canadian government started a view new programs to issue work permits and temporary resident visas in two weeks rather than the typical year processing times. This new program is called the Global Skills Program. This has been the latest attempt by Canada to lure more tech workers and businesses to move north of the US border. The government has allegedly also been said to be experimenting with tax breaks and looser regulations for high-skilled foreign workers.
Recently, Reuters, an international news agency, discovered that Canada has detained about five times more Mexicans than they have in the past two years. The increase of detainment may be a result of the new visa requirements. “Canada’s detention of Mexicans surged more than tenfold from 24 in November to 331 in April, the data show. The number of Mexicans filing refugee claims more than quadrupled from November to March. Prime Minister Justin Trudeau promised to lift the visa requirement, imposed by the previous government, during the 2015 election campaign in an effort to improve bilateral relations. Visitors from Mexico can now apply online for an electronic travel permit in a process that takes minutes” Reuters quoted. Many people are looking at this stat as very interesting as Canada as portrayed themselves as the good neighbor with opening arms compared to the U.S. Although Canada may have created an easier process to obtain visas, the Canadian border agency also has the ability to “detain foreign nationals indefinitely on no charge if it believes they pose a danger to the public, if their identities are unclear or if they are deemed unlikely to appear for removal or for a proceeding.” The number of Mexican detainees has increased since Donald Trump took office and although it may be because Canada isn’t as open as people think it may be, it could also just be the repercussions of the increase of illegal immigration from immigrants seek asylum in Canada.
In past researchers, immigrants have been proven to be more successful in business and self-employment in Canada than their Canadain native peers. More than 40% of small businesses in Toronto were owned by people born in a country other than Canada. There are many helpful opportunities for immigrant entrepreneurs in Canada.
- “Small business loans from the crown corporation, the Business Development Bank of Canada and other banks in Canada;
- Incubators and accelerators: Startup Toronto’s website has a list of 62 incubators and 36 accelerators in Toronto;
- Government grants and incentives: these include government financing programs, grants, contributions and financial assistance, loans and cash advances, loan guarantees, that can help you attract creditors, tax refunds and credits, and wage subsidies;
- Low taxes: Canada offers a low-cost and low-tax environment so businesses can thrive. Canada’s overall tax rate on new business investment is significantly lower than that of other G-7 countries. KPMG ranks Canada as the most tax competitive country in the G7;
- Research and innovation: Although Canada’s ranking has declined in the last few years, falling out of the Top 10, it is still ranked at 15th on the global innovation index;
- The quality of Education and HR: Canada is ranked 6th in OECD’s world education ranking and has some of the best human talents in the world. “
Although immigrants typically face the toughest of economic challenges, they have soared above native Canadians in business success.
Other Canadian Immigration Stories This Week:
- America’s H-1B visa woes are good news for Canadian tech firms
- Ghanaian Immigrants Who Lost Fingers to Frostbite During Trek to Canada Granted Asylum
- Canada wants to be the next Silicon Valley
- Detention of Mexicans in Canada spiked since country lifted visa requirement
- Extreme Venture Partners Announces New Fund To Immigrate International Startups To Canada
- Entrepreneurship For Canadian Immigrants: They’re Ready To Take Over The World
- Asylum Seekers Rushing To Canadian Border
- Canada’s Tech Firms Capitalize On Immigration Anxiety In The Age Of Trump
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