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Canada needs more foreign workers to fill the labour market

According to the latest Statistics Canada report, sustainable immigration flows are critical to meet the need for both high- and low-skilled employees in many sectors as businesses recover from the COVID-19 epidemic. In the long run, larger immigration volumes will be required to a certain extent to mitigate the consequences of Canada’s aging population on the job market. In the years preceding the pandemic, immigrants’ employment prospects significantly improved. Temporary foreign workers and international students, both of whom are increasingly transitioning to permanent residency, have become a more important source of labour supply. Although economic success among recent immigrants has increased, significant issues remain with regard to their skill use.

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