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Immigration To Play A Huge Role In Ontario’s Future Economic Growth

Study-highlights-the-significance-of-immigration-in-Ontario's-economic-recovery

A new report predicts immigration of foreign workers to drive long-term economic prosperity in Ontario despite the adversities caused by the pandemic. 

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The report was prepared by Scotiabank which sees an influx of up to $2.9 billion in Ontario’s economy through the rise in newcomers as per the current immigration plans

Beyond 2022, immigrants are expected to make up half of the economic growth generated in the province. Without newcomers, Ontario’s GDP could be 20% lower than the present year, about $157 billion. 

The Ontario Immigration Nominee Program (OINP) allows immigration of foreign workers through Express Entry streams, Tech Pilot streams, Human Capital Priorities Stream. 

Canada PR Nominations From Ontario in 2020

Since permanent residency certificates come under the sole authority of the federal government, Ontario Immigration Nominee Program (OINP) aids in the process by issuing provincial nominations to eligible immigration candidates. Further, candidates with successful provincial nominations can apply for permanent residence with Immigration, Refugees, and Citizenship Canada (IRCC).  

In 2020, Ontario issued a high number of nominations to foreign skilled workers with experience in technology-related and skilled trades occupations. Some of the most demanding occupations among the invited workers include: 

  • Software engineers and designers
  • Computer programmers
  • Interactive media developers
  • IT systems analysts
  • Technology consultants

About 20% of the nominees had work experience in a skilled trade. More than 1100 nominations were issued under the Express Entry Skilled Trades stream. Some of the demanding skilled trade occupations include: 

  • Electrical and Construction
  • Maintenance and Equipment operations
  • Agriculture and Production
  • Processing
  • Transport
  • Manufacturing
  • Cooks and Chefs
  • Bakers and Butchers

Ontario also focussed on inviting francophone candidates to increase the population of the french-speaking community in the province. They constituted almost 5.4% of all Ontario nominations.

Nominations made by Ontario include a wide range of immigration candidates. Further, with an aggressive target to invite up to 80,800 new immigrants in 2021 through Canada Provincial Nominee Programs (PNPs), Ontario stands out in favoring more foreign immigration.

Take this free assessment online to determine your eligibility based on your current work & academic profile.

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