Immigrants are very expensive for Canada
In the new economic plan, investments are focused on the environment and attracting immigrants.
Canada has released its 2022 Fall Economic Report. It outlines the government's plan to continue to manage the economy and support its residents in the face of inflation. Measures outlined in the report mainly include affordable living, investment in a green economy and welcoming immigrants.
Immigration Plan
Immigration is a key factor in Canada's economic growth, so in the new Incoming Immigrants Plan the government has once again increased the goals for the number of new arrivals per year.
The government has already decided to allocate $1.6 billion CAD over the next six years to process immigration applications and resettle newcomers. The new economic plan adds $315 million CAD to this amount. An additional $50 million CAD will be used to reduce the backlog of unprocessed applications.
Jobs
The $250 million CAD over 5 years from 2023-2024 will be used to invest in jobs and training with a focus on clean technology and sustainability.
The government will create a Training Center for Sustainable Employment, which will analyze the situation in the labor market, forecast the need for specialists and participate in the development of training programs.
Part of the money will go to support unions to train workers in new eco-skills. There will also be a Secretariat for Sustainable Workplaces, which will provide workers with up-to-date information about government programs, services, and financial support.
Another $60 million CAD over 3 years will be allocated to create a new rapid response fund for workers. And $802.1 million CAD over 3 years is proposed to be invested in training young people in the skills they need to find good jobs.
Rights of workers in the transport sector
There is a practice in Canada of registering drivers as self-employed, sometimes under pressure from the employer. Because of this, employees are deprived of the bonuses that wage earners receive. Canada will allocate $26.3 million CAD over the next 5 years to take stricter measures that will force employers to comply with the Labour Code and improve working conditions for workers, including immigrants.
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Other initiatives are outlined in the economic plan. By the end of 2022, the Canada Growth Fund will be created to attract investment for the development of a sustainable economy and the creation of thousands of new jobs. There will also be a tax credit for companies that use clean technologies, and Canada intends to become the world's zero-emission energy supplier.
Thus, with its report, Canada once again showed that it will develop the economy at the expense of immigrants, improve working conditions for workers and move in the direction of the environment.
