Local firms reinvigorated by workers moving to Canada

Canada Immigration

Local firms reinvigorated by workers moving to Canada

Immigrants with skilled visas to Canada significantly increase the productivity of Canadian firms, according to a study by Statistics Canada.

According to the study, immigrants specialising in skilled trades tend to increase the productiveness and growth of Canadian businesses over time.

Positive impacts of immigrants who travel to Canada on skill level programs include improved productivity levels, worker wages and business profits.

The study found that skilled workers who travelled to Canada after 1980 contributed towards making up 13.5 per cent of the total workers in firms comprising of 20 or more workers between 2000 and 2015.

The study also found that the favorable impact of immigrants who moved to Canada on a skilled Canadian visa increased over time; the positive impact of skilled immigrants was more significant over a period of five or ten years compared to a period of one or two years.

The report went on to explain the findings by saying immigrant workers complement local members of the workforce, can expand the use of new technologies and stimulate innovation, which leads to an increased degree of specialisation and productivity growth of Canadian firms.