A new chance to find a job in Canada and other news of the week
The most important events of the week of September 4-10.
Canada is once again investigating foreign interference in elections. The topic has become very scandalous this year, but an earlier investigation into interference failed to reveal any. Now the government is to conduct another one. The opposition claims that foreign interference helped the Liberal Party win the last election.
Last week, the Bank of Canada made another decision on the key interest rate. It remained unchanged at 5%. This is good news for Canadians, as the rate was previously raised in June and July, and even provincial governments asked the Bank of Canada not to raise the rate again. But an increase could still happen in the future if inflation doesn't slow down.
Economy and life in Canada
There is negative news: the Canadian dollar has reached its lowest level in the last 5 months. The main reason is cited as the weak China General Services Business Activity Index, which affects the economy of other countries, including Canada.
The Canadian government is considering a number of incentives for companies that build housing. This should help speed up the pace of construction and curb the steady rise in real estate prices.
Collegiate schools are gaining popularity in the province of Alberta. These are institutions for students in grades 7-12 that will prepare them for post-secondary education and even teach them about specific occupations. The first collegiate schools will be accepting students this fall.
Immigration draws
Canada's provinces once again delighted candidates with many immigration selections.
On September 6, British Columbia issued 222 invitations to professionals of various qualifications and graduates. Some of the selected candidates had in-demand occupations: educators and healthcare workers.
Several more selections took place on September 7. Manitoba selected 558 people among skilled workers in the province and overseas, as well as international graduates. Nearly half of the applicants had occupations in in-demand sectors.
Ontario invited 300 skilled workers with a good command of French. The passing scores were quite low. Quebec also selected 1,433 people among the skilled workers. They needed a good French proficiency or a job offer in the province.
Saskatchewan held a draw for entrepreneurs. 23 people who want to do business in the province and have sufficient net worth were invited.
Сhance to find a job
Many of the immigration programs that regularly invite applicants require a job offer in Canada. And the province of New Brunswick is helping foreigners get one. In October, there will be two new events: a job fair and an information session. Participants will be able to interview with employers and sign a work contract. Read all the details in our article.
Jobs are plentiful in Canada right now. In August, the country came up with about 40,000 new workplaces — three times as many as expected. At the same time, wage growth accelerated and the unemployment rate remained at 5.5%.
In addition, there is now a high demand for people with skilled trades professions. There will be events across Canada that advertise education in such occupations.
Also adding fuel to the fire is employee turnover among Canadians. A recent survey found that 21% of Canadians want to change jobs in the near future. The most common reasons are the desire for higher career opportunities and the desire to find more favorable conditions.
Alex Pavlenko, founder of the Immigrant.Today emigration portal