Canadian businesses are hurting due to manpower shortages

Highlights: Skills shortage in Canada - A challenge for many organizations

• Number of job vacancies increased by 387,235 in the second quarter of 2022
• Number of payroll employees increased by 506,895 in Ontario
• Canada has around one million job vacancies and Canadian employers want to invite foreign workers to work in Canada

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Canada businesses facing the challenge of skill shortages

Ontario retailers want to hire more immigrants as the number of jobs has increased before the Christmas shopping season. Statistics Canada issued a report that states that job vacancies in Ontario increased by 387,235. The number of payroll employees increased by 506,895 and reached up to almost 6.4 million.

Business groups want higher allocations for OINP

Rocco Rossi, president, and CEO of the Ontario Chamber of Commerce, has stated that allocation for the Ontario Immigration Nominee Program should be boosted. Almost a million jobs are available in Canada and employers are in dire need of hiring foreign workers to fill these positions through different programs like Express Entry, Provincial Nominee Program, etc. A report published by RBC stated that the shortage of workers has hit the companies very badly.

Also read…

Ontario issued 1,340 NOIs under the Skilled Trades Stream

Canadian businesses want more foreign workers

Employers are hoping to employ foreign workers through the Temporary Foreign Worker Program and International Mobility Program. International workers can also be invited through the Global Talent Stream which is a part of TFWP. Through this stream, work permits can be processed within two weeks.

Applicants should have an online profile called Expression of Interest and they have to meet the eligibility criteria for any of the three streams that come under Express Entry. These three streams include:

• Canadian Experience Class (CEC)
• Federal Skilled Worker Program (FSWP)
• Federal Skilled Trades Program (FSTP)

The ranking is given to the profiles through the Comprehensive Ranking System score. Candidates who get the highest ranks receive invitations to apply. After that, they have to apply for Canada PR within 60 days.

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