Canada has witnessed a significant surge in employment among new immigrants. According to Statistics Canada, recent immigrants in the country are now experiencing accelerated employment growth compared to their Canadian-born counterparts, bridging the employment disparity. Immigrants aged 25-54 have observed a notable 10.7% rise in employment rates from 2010 to 2023, whereas Canadian-born workers experienced a more modest 4.1% increase. This reduction in the employment rate gap, from 13.1% in 2010 to 6.5% in 2023, underscores the narrowing divide. Additionally, unemployment rates for immigrants have declined from 12.1% in 2010 to 6.6% in 2023. Immigrants have shown resilience in rebounding from employment setbacks caused by the COVID-19 pandemic, particularly evident in sectors like accommodation, food services, and retail. Moreover, immigrants are significantly contributing to innovation, accounting for over one-third of all patents, and are increasingly participating in investment activities in Canada, despite comprising only a quarter of the population.
For more insights into recent adjustments to Canada's temporary immigration policies, refer to our previous article titled "Canada's approach to temporary immigration is undergoing significant adjustments."
For more insights into recent adjustments to Canada's temporary immigration policies, refer to our previous article titled "Canada's approach to temporary immigration is undergoing significant adjustments."