Are you planning to apply for a work visa in Canada? Then you must know about the exciting new wage requirements that will be implemented in January 2024! This change is a game-changer for the Temporary Foreign Worker Program, and it’s going to have a significant impact on skilled workers, employers, and immigrants alike. Get ready to discover all the thrilling details about this update, which was made by none other than Randy Boissonnault, Minister of Employment and Social Development Canada. You won’t want to miss out on this essential discussion about the future of Canada’s labor market and economy!
Starting from January 1, 2024, employers must review temporary foreign worker wages yearly to match prevailing wage rates for the occupation and location in Canada. Other measures were also extended until August 30, 2024, to reflect changes in the economy and labor market, which includes a maximum employment term of two years for low-paying jobs and a labor market assessment validity period of 12 months.
The TFW program’s Workforce Solutions road plan helps employers address the needs of the labor market while preserving jobs and earnings in Canada. ESDC will keep a watchful eye on the market to ensure that the program protects temporary foreign workers in Canada and adjusts to changes in the country’s economy.
The number of files created for the temporary foreign worker program has risen by approximately 40% year-to-date compared to the prior fiscal year. The LMIA website is now the primary method for submitting LMIAs, making it easier for firms to satisfy labor market demands. The government has introduced the Recognized Employer Pilot (REP), simplifying business processes and protecting temporary foreign workers while improving companies’ ability to respond to labor shortages.
The temporary foreign worker program in Canada allows firms to engage foreign workers temporarily when eligible Canadians or permanent residents are not available. The length of time it takes to process a work permit for Canada may vary based on several variables, including the type of permit, the application’s location, and the season. However, according to the most recent IRCC processing update, 80% of online work permit applications have been processed in an average of 134 days over the past six months.
Get ready for some exciting news about Canada’s work permit requirements! In 2024, there are going to be some major changes that could affect you. And that’s not all – we’ve got a list of the top 27 most in-demand jobs in Canada that support immigration and keep the labor market thriving. Keep your eyes peeled for more updates on immigration and employment-related topics!
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