Recently, Statistics Canada released the labor market report for February, indicating that with the steady control of the pandemic and the smooth rollout of vaccinations, the Canadian economy experienced a strong rebound in February, with the unemployment rate reaching its lowest level since March 2020.
In December 2020 and January 2021, Canada saw a total loss of 266,000 jobs, but this figure has been fully recovered in February. Employment increased by nearly 260,000 in February, directly offsetting the combined losses from the previous two months, and overall, the gap compared to last year is gradually narrowing. It is expected that with the easing of the pandemic, the Canadian economy may steadily recover in the coming months.
As Canada has eased and lifted several lockdowns and restrictions, there has been a significant increase in the number of people employed in retail, accommodation, and food service sectors in February. Employment growth in professional, scientific, and technical services has surpassed pre-pandemic levels, with an increase of 5.6% compared to the same period last year, totaling an addition of 86,000 jobs. In the field of computer and information systems management, employment has increased by 75,000 compared to last year.
It is well-known that Canada has long faced low birth rates and an aging population, leading to a growing labor shortage. Employment levels and rates in Canada are crucial indicators of the labor market, and maintaining stable and sustained population growth is undoubtedly one of the priorities for development. New immigrants play a significant role in Canada’s economic recovery. Therefore, the addition of new immigrants is no longer a “plan” for the Canadian immigration department but has become a “task.”
In fact, this year, the Canadian immigration department has introduced multiple favorable immigration policies aimed at attracting more individuals to immigrate to Canada. It is anticipated that the number of new immigrants to Canada will rise rapidly in 2021. For those interested in immigration, it is essential to seize the opportunity when encountering suitable immigration programs, as the current immigration thresholds are relatively low, making it an ideal time to apply for a Canadian permanent resident card!
At present, employer-sponsored immigration in Canada is a popular choice among investor immigration options. Many provinces in Canada have their own employer-sponsored immigration programs, and while the requirements for applicants are generally similar across provinces, there are significant differences in specifics. The provinces favored by investors for employer sponsorship include: Ontario, the four Atlantic provinces, Saskatchewan, Manitoba, and British Columbia, all of which have very rich employer resources and well-established policies.
Currently, WorldWay is launching the "Immigrate to Canada and receive an IELTS gift package" event, valid from now until June 30, 2021, with limited spots available on a first-come-first-served basis! With 20 immigration programs available in Canada, there is certainly one that suits you! For more details, please call the WorldWay service hotline, China mainland: 400-138-2929 Hong Kong: (852) 2802 8798.
The Asian brand 500 strong WorldWay Group has a powerful project analysis team, a professional copywriting team, and a comprehensive customer service team, collaborating with numerous strong institutions in Canada to provide investors with professional, comprehensive, and diverse services, fully committed to assisting investors in seizing the golden period for Canadian immigration! For more details, please call the WorldWay service hotline, China mainland: 400-138-2929 Hong Kong: (852) 2802 8798.
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