Every year, Canada hopes to welcome more than 300,000 immigrants, largely skilled workers and their families. Even the pandemic failed to convince Canada to abandon its immigration goal. To compensate for the disruption created by the pandemic, Canada has boosted its annual skilled immigration objective. Focus on Express Entry Canada, if you want to immigrate.
And now, the United States is beginning to worry about the ramifications of its hasty decision to treat H-1B and EB-1/EB-2/EB-3 skilled immigrants differently. There is no economic growth without population growth Population explosion is a concern in poor countries. Rich countries like the United States, Canada, and Japan confront the opposite problem: population stagnation or decline. In industrialized countries, there is a well-established rule that population increase and economic growth are inextricably linked. This suggests that a developed country that succeeds in increasing population growth will continue to be wealthy and developed. A country that fails to address this demographic issue, such as Japan, would face long-term economic stagnation. Where the US went wrong for immigration? For a long time, the United States, like Japan, has been dealing with a demographic catastrophe. According to a 2019 analysis, 91 significant metro regions in the United States have had population growth since 2010. However, immigration was the primary cause of this expansion. Without immigration, the 91 metros would have been reduced to just 65. According to estimates, US population growth between 2020 and 2060 will be less than half of what it was between 1980 and 2020. One in every five people in the United States will be retired by 2030. It's hardly unexpected that US lawmakers are looking to Canada's pro-immigration policies for ideas on how to increase population growth and avoid economic stagnation. You can take the help of registered immigration consultants for more insights. How Canada’s strategy does helped immigrants? Canada is grappling with the conundrum of slow population growth and a rapidly ageing population. The population of Canada is not increasing as quickly as it should be. At the same time, the number of elderly people in the country is increasing faster than the number of children. To address this demographic challenge, Canada has chosen to increase its population by recruiting qualified foreign workers aggressively. Young skilled employees are more productive, add value to the Canadian economy, and help to build the population by bringing their families here. The impact of Canada's pro-immigration policy may be seen by anyone. Provinces that recruit the most skilled immigrants have experienced faster economic growth than other provinces. Foreign students, professional employees, and businesses are flocking to provinces with strong economic growth. This leads to more economic growth, triggering a golden cycle that result in stronger GDP growth, fewer public debt, and more economic and social stability. Choose your immigration destination wisely? Without competent youth, no developed country can remain developed and prosperous for long. With fewer individuals bearing children, governments have no choice but to rely on skilled immigration. So, if you're a young skilled worker or student from an emerging economy, you should surely look into your prospects in another country. When comparing destinations, keep these things in mind. Concentrate on countries with pro-immigrant policies. These rich countries are just as reliant on you as you are on them. So it's pointless to try to study in a country where post-graduation employment options are limited or where you're considered as an insignificant presence. If you need more help, you can help registered immigration consultants.
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December 2021
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