Over the past 50 years, Canada has transformed into one of the world’s most vibrant multicultural societies. More than 20% of Canadians are foreign born. Yet, looking ahead, the country will be even more dependent on immigration. Over the next 20 years, Canada’s population of seniors – those age 65 and older – is expected to grow by 68%. With an aging population who are rapidly exiting the workforce, the country’s future prosperity will be dependent on immigration. Newcomers will be essential to fill important jobs in a host of sectors – from health care to construction to technology and much more.
While immigration has the promise to address the country’s labour shortages, the arrival of large numbers of new Canadians requires effective policies, practices and supports. Even at today’s high levels of migrant intake, governments, community-based organizations, healthcare facilities and businesses continue to struggle to support newcomers facing the realities of settling into Canadian life and the challenges related to labour market integration. At the same time, companies are facing a severe talent shortage that was exacerbated by the pandemic.
Canada’s aggressive plan to increase immigration will strengthen the pipeline of highly skilled immigrants and international students. In 2023, the federal government set new immigration targets with the goal to admit 1.45 million more new permanent residents, reaching 500,000 annually by 2025.
These high levels will only be an effective and sustainable solution if companies are properly equipped to attract, hire, integrate and retain these newcomers. Historically, integration for newcomers has fallen on the employer, who generally does not have the tools needed to ensure this talent pool is integrated successfully.