Canada's Tech Talent Strategy: Attracting Global Innovation and Talent
Are you a Tech Professional? Most likely, you are.
Even if you are not, this blog is going to help you land in Canada. So stick to it and understand the present scenario of Express Entry draws and new strategies behind invitations.
Canada’s Approach to Global Talent
Canada has been actively working on attracting global tech talent around the world. The new strategic programs will make it easier for tech professionals to work in Canada. It also aims to grow tech start-ups and scale up their potential.
This particular strategy not only aims to fill in the jobs with the best talent but to generate new jobs for the future as well. Furthermore, Canada is promoting and utilizing Digital Nomads by providing opportunities to stay in the country for a period of six months on a visitor visa.
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Global Talent Strategy of Canada
In recent times, a lot has changed in just a blink of time.
On June 29th, 2023 Canada announced the creation of an open work permit stream (as part of the Tech Talent Strategy) for H-1B specialty occupation visa holders in the United States. This implies that individuals eligible as H-1B visa holders can seek a Canadian work permit.
Also, their family members can also apply for study or work permits, opening up opportunities for the entire family.
So, IRCC decided to implement the measure for a duration of one year, or until the number of applicants reached the cap of 10,000. But to no surprise, it started on 16th July and closed on 18th July 2023.
“Those who are approved will receive an open work permit valid for up to three years.”
1. Tech Talent Strategy: Canada’s H-1B visa holder open work permit
One of the key components of Canada's Tech Talent Strategy is the creation of an open work permit stream. The new one is for H-1B speciality occupation visa holders in the US.
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A new permit will be valid for up to three years
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Freedom to work for almost any employer in Canada
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Permit extends to the visa holder's family members, enabling them to apply for their own work or study permits as required.
To be eligible for this acquisitive open work permit
Documents include:
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A copy of the current H-1B visa,
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Form I-797/I797B (Notice of Action), and
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Proof of US residency
Canada: a global hub for tech talent
Canada is emerging as a worldwide centre for tech talent. With the launch of its pioneering Tech Talent Strategy at Collision 2023, Canada is targeting talented workers from the US.
The comprehensive strategy aims to provide leverage for Canadian businesses while attracting highly skilled individuals from around the world.
The target is clear, by the end of this year Canada will welcome (465,000 ) number of residents and in the next five years, (500,000 ) applicants. With high targets Canada is targeting applicants with strategic programs.
2. Tech Talent Strategy: STEM Occupations
(STEM) Science, Technology, Engineering, and Mathematics expertise is another part of the Tech Talent Strategy. Applicants with this expertise have multiple opportunities to work in Canada.
Following the strategic plan, Canada held its first Express Entry draw for STEM occupations and 500 candidates received invitations.
Canadian invitations based on STEM occupations is going to become one of the profitable approaches for you to receive invitations. If you are a tech professional then this is the high time when you must apply for a Canada visa.
But that's not all!
The Tech Talent Strategy also includes the development of an Innovation Stream under the International Mobility Program (IMP). Set to launch later this year.
3. Tech Talent Strategy: Canada's Start-up Visa Program
The major aspect of this strategy focuses on improvements to Canada's Start-up Visa Program, making it more appealing to entrepreneurial talents worldwide.
The changes include increased spots for the program in 2023, with further expansions planned for 2024 and 2025. Also, applicants now have the option of applying for a longer work permit, which will be granted for up to three years as opposed to one.
Additionally, qualified applicants will now receive open work permits, providing them with the flexibility to work for any start-up instead of being tied to their own.
To ensure the success of these initiatives, the Canadian government will prioritize applications backed by venture capital, angel investor groups, and business incubators, along with those supported by members of Canada's Tech Network.
Digital Nomads: Canada
Canada wants to welcome global talent from every possible way. Digital Nomadas—individuals who have the flexibility to work remotely from anywhere in the world, are part of the strategy.
In the coming months, IRCC will collaborate with public and private partners to assess the feasibility of introducing additional policies that would entice digital nomads to choose Canada as their base.
Presently, under existing Canadian immigration rules, digital nomads can stay in Canada for a period of up to six months as visitors while working remotely for a foreign employer. IRCC anticipates that some digital nomads may eventually explore opportunities with Canadian employers.
Final Note
Canada's Tech Talent Strategy marks an exciting turning point in the nation's journey toward becoming a prominent tech destination. With open work permits for H-1B visa holders, targeted Express Entry draws for STEM occupations, and improvements to the Start-up Visa Program, Canada is setting a solid foundation for innovation, economic growth, and international collaboration in the tech industry.
For tech professionals and entrepreneurs, the opportunities in Canada have never been more promising. If you are still doubting the visa process, and invitations chances on your profile, then you are wasting time. Canada has become quicker than it was ever before. So know your opportunities today and plan a better future.
A quick profile assessment can tell you about the potential opportunities available for you in Canada. Follow this link and rest we do it for you.
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Reach us on WhatsApp or call us at +91 8595744633, or email us at [email protected]. We look forward to assisting you on your journey to Canada!
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