Canada Launches First-Ever Tech Talent Strategy to Attract and Retain Top Global Talent

Canada is a global leader in tech innovation, and the country is committed to attracting and retaining top talent from around the world.

On June 27, 2023, the Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship, launched Canada's first-ever Tech Talent Strategy. This new strategy includes a number of measures to help businesses in Canada thrive in a competitive landscape.

Some of the key elements of the Tech Talent Strategy include:

• The creation of an open work permit stream for H-1B specialty occupation visa holders in the US to apply for a Canadian work permit, and study or work permit options for their accompanying family members.
• The development of an Innovation Stream under to the International Mobility Program to attract highly talented individuals, options for which include
  • Employer-specific work permits for up to five years for workers destined to work for a company identified by the Government of Canada as contributing to our industrial innovation goals.
  • Open work permits for up to five years for highly skilled workers in select in-demand occupations.
• A return to the 14-day service standard for work permits under the Global Skills Strategy.
• The promotion of Canada as a destination for digital nomads.
• The creation of a STEM-specific draw under category-based selection to issue additional invitations to apply under the Express Entry program.
• Improvements to the Start-up Visa Program, including:
  • Allocating more spots to the program for 2023, with further increases planned for 2024 and 2025.
  • Allowing applicants to apply for a work permit that is up to three years in duration instead of one year.
  • Allowing applicants to apply for an open work permit instead of one that limits them to working for their own start-up.
  • Making the three-year open work permit available to each member of the entrepreneurial team instead of only those who are essential and urgently needed in Canada.
  • Prioritizing applications that are supported by venture capital, angel investor groups and business incubators and have capital committed, along with applications that are supported by business incubators who are members of Canada’s Tech Network.

The Government of Canada is committed to attracting and retaining top tech talent from around the world. The Tech Talent Strategy is an important step towards ensuring that Canada remains a leader in global tech innovation.

Why Canada is a Great Place to Work in Tech

Canada is a great place to work in tech for a number of reasons. The country has a strong tech sector, with a number of world-class companies headquartered in Canada. Canada also has a highly skilled workforce, with a strong focus on education and research. In addition, Canada is a multicultural country with a welcoming environment for people from all over the world.

Here are some of the top reasons why Canada is a great place to work in tech:

• Strong tech sector: Canada is home to a number of world-class tech companies, such as Shopify, Lightspeed Commerce, and Hootsuite. These companies are leading the way in innovation and are constantly attracting top talent from around the world.
• Highly skilled workforce: Canada has a highly skilled workforce, with a strong focus on education and research. The country has a number of top-ranked universities and colleges, which produce a large number of graduates with the skills and knowledge needed to succeed in the tech sector.
• Multicultural country: Canada is a multicultural country with a welcoming environment for people from all over the world. This is a major advantage for the tech sector, as it allows companies to recruit from a global pool of talent.
• High quality of life: Canada offers a high quality of life, with access to affordable healthcare, education, and housing. The country also has a beautiful landscape and a number of vibrant cities.

How CTrustGlobal Can Help

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If you are interested in learning more about the Canada Start Up Visa program, please contact us today. We would be happy to answer your questions and help you determine if one of these programs is right for you.

Conclusion

Canada's Tech Talent Strategy is a significant step forward in attracting and retaining top global talent. The strategy includes a number of measures to make it easier for skilled tech workers