Why Canadian Bosses Are Employing More
Workers from Other Countries

Growth in the Economy and Increasing Population

Lately, more Canadian bosses are hiring workers from other countries. This change doesn’t mean fewer jobs for Canadians. Instead, it shows that the job market in the country is growing, and who is working is changing. In this blog, we’ll look at why more foreign workers are being hired and how it’s good for Canada’s economy.

Increased Job Vacancies

As Canada’s economy grows, so does demand for labour. According to Statistics Canada, 411,800 vacant jobs were available in Canada in June of 2015. By June 2023, there were 779,390 vacancies (an increase of 89%). In the same period, the percent of jobs going vacant rose from 2.6% to 4.3%.

Demographic Shifts

A major reason for the increase in hiring foreign workers is the changing demographics in Canada, especially the average age of the population. About one-third of Canadians are retired or getting close to retirement (StatsCan, 2022). An older population has caused a lack of skilled workers compared to the demand for labor, especially in industries needing unique and specialized skills and experience. Consequently, employers are looking to the worldwide talent pool to fill these gaps and keep their businesses growing.

Many Canadians are Retiring

Canada is seeing a surge in retirements as the baby boomer generation reaches retirement age. This large exit from the workforce results in a shortage of experienced professionals, especially in fields where expertise is crucial. To keep up productivity and innovation, Canadian employers are more and more looking for foreign workers with the right skills and qualifications to help their organizations grow.

Strong Need for Essential Specialized Roles

Some jobs, like in healthcare, technology, and engineering, really need skilled workers. Canada wants to offer good healthcare to everyone, so we need more doctors, nurses, and other healthcare pros. But there aren’t enough local people for these important jobs. That’s why employers are looking around the world for skilled foreign workers who can bring their expertise to Canada.

Good Effects on Canada’s Economy

Contrary to the misconception that hiring foreign workers negatively affects the job market for Canadians, the influx of global talent contributes significantly to the growth and resilience of Canada’s economy. When companies are able to fill key positions with skilled individuals, they can expand their operations, innovate, and remain competitive on the global stage. This, in turn, fosters economic activity, creating a ripple effect that leads to the creation of more jobs across various sectors.

Hiring foreign workers isn’t a challenge to local opportunities; it’s a strategic move to fill the growing number of jobs in Canada’s economy.

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