Preview

Canada's Immigration Advantage

Good Essays
Open Document
Open Document
477 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Canada's Immigration Advantage
For the Conference Board of Canada (CBC), the federal government must utilise its business immigration program for it to draw favourable results and become more beneficial for the country.

The Ottawa-based think-tank believes that the country has not realized its full potential yet, and it could use the current political milieu in the neighboring countries, particularly the US, to its advantage.

"In recent years, Canada's programs have struggled to meet policy objectives due to increased competition from all corners of the globe in attracting business immigrants," Craig Alexander, CBC senior vice-president and chief economist. "However, as other countries are becoming less welcoming to newcomers, Canada can position itself to reap greater economic benefits from entrepreneur and investor immigration in the future by opening its doors to more foreign talent."
…show more content…
“One of Canada’s greatest global competitive advantages is its openness to newcomers. As others are closing their doors to immigrants, Canada’s doors remain wide open,” Kareem El-Assal CBC researcher told Forbes. Due to Canada’s high quality of life, including its economic opportunities, prospective business immigrants view Canada with a keen eye. Now is our time to act.

Now, many entrepreneurs are looking at the potential of Canada to become not only an area for expansion but also their respective businesses’ main

You May Also Find These Documents Helpful

  • Good Essays

    When newcomers come they settle at Central Canada, they settle at Central Canada because it close to the US therefore they can access the US market. Most of Canadian natural resources that were used were from Central Canada. Central Canada has given more money to the government than received even though they were qualified 5 times it hasn't received any transfer payment until 2009. Central Canada’s Cultural is the most diverse cultural in Canada. Central Canada has cultural diversity because we have many different types of ethnicities living in Central Canada.…

    • 467 Words
    • 2 Pages
    Good Essays
  • Good Essays

    As a young immigrant nation, Canada has become one of seven economic powers. Its economic well-being is tied to many factors, however, immigrants have played an unparalleled role. Those who have the experience and resources contribute to the Canadian economy. Excluding the talents of immigrants is the most disadvantageous way of reaching sustainable economic development.…

    • 750 Words
    • 3 Pages
    Good Essays
  • Good Essays

    At present Canada is known as a country with a wide immigration policy which is reflected in Canada's variety of races of mankind. According to the 2001 survey by Statistics Canada, Canada has 34 national groups with at least one hundred thousand…

    • 339 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Second, other key impact of globalization is the free movement of labor. In a globalized world, workers can more easily move from one country to another to market their skills to employers and contribute to the economy. As some Canadian entrepreneurs with the purpose of domestic business to grow, those companies have to capitalize on efficiency except looking outside the company as off-shoring, yet sometimes recruit foreign workers. Temporary migration is used strategically for national and regional economic development in Canada. Canada is flexibility to attract highly skilled migrants and to fill low-paid labour market niches in recent years. Attracting and retaining highly skilled workers and wealthy entrepreneurs and provide low-wage labour…

    • 127 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    In conclusion, I strongly feel that Americans could greatly benefit from adopting some of the immigrant customs discussed in The Immigrant Advantage. Kolker herself could be used as a role model or example for how a family could benefit from some of these traditions, from the money saving habits of the Money Club to the ease of dinner preparation using the Com Thang. I wholeheartedly plan on attempting to make use of available family members whenever it comes time to introducing my child to the world. The knowledge and love that an older family member would be capable of introducing into our home could easily prove invaluable. I also hope that by the time that my children are entering into their college years that I would be able to provide…

    • 279 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Source three talks about positive facts on multiculturalism in Canada. They adopted multiculturalism as an official policy. Multiculturalism assures that all citizens can keep their identities, traditions and have a sense of belonging. Multiculturalism is a great benefit to Canada’s economy and diversity, because new citizens can bring unique perspectives and intelligence into the country. Canada had become a diverse country with the help of globalization. Canada being a multicultural country has led to many positive outcomes for our…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    How many immigrants should Canada be accepting; more, the same or fewer? Many people would say the intake should be less, others would say more, rarely will anyone agree that it should remain the same. The article, “Immigration Watch Canada” depicts the statistics of the immigrant intake in Canada throughout the years and the serious impact it has on Canadian citizens daily lives. Another article, “Why Canada Needs Immigrants” entails the need for immigrants, for the fertility rate is low and consequently the need for skilled workers is high.…

    • 129 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Canada has long been regarded as a rich and democratic country that’s very well developed. The secret behind this is like the famous quote from history,“United we stand, divided we fall”. Canada has a government requiring all the provinces to contribute and each region has its own advantage and drawbacks. Together, we are able to cover each other’s weaknesses and improve as a Confederation.…

    • 672 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Certain statutory provisions restrict foreign investment and ownership in specific areas, including the financial services, air transportation, and broadcasting and telecommunications sectors. There are also foreign-investment disincentives for media and publishing. The ICA was amended in a number of significant respects, with e ect from March 2009. These amendments are reflected in the report below. Transactions involving “national security,” including minority investments, are now also reviewable. One of the ICA’s stated purposes is to encourage investment in Canada by non-Canadians, as this contributes to economic growth and employment opportunities. Two federal ministers are responsible for administering WHETHER A the ICA: the Minister of Industry and the FOREIGN INVESTOR Minister of Canadian Heritage. The Minister ESTABLISHES of Industry has appointed a Director of A CANADIAN Investments to advise and assist the OPERATION THROUGH Minister in administering the ICA for nonAN ACQUISITION cultural matters. OR BY STARTING UP A NEW CANADIAN If an investment by a non-Canadian relates BUSINESS, THE to a cultural business, the Minister of INVESTMENT MAY Heritage is responsible. Consequently, BE SUBJECT TO any required review process for cultural THE FOREIGN businesses as defined under the ICA will be INVESTMENT REVIEW done through Canadian Heritage instead of REQUIREMENTS OF Industry…

    • 4585 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    EU and Canada

    • 562 Words
    • 3 Pages

    EU companies will have better access to key Canadian sectors such as financial services, telecommunications, energy and maritime transport;…

    • 562 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Canadian Identity Essay

    • 825 Words
    • 4 Pages

    Canada. Often, when people think of this country, an image of a smaller, weaker, and idealised United States comes into their mind. The truth is that this generalisation is not entirely false. Canada is closely interdependent with the United States economically, militarily, socially, politically, and of course geographically. This often leads American directors, singers, and actors to overshadow their Canadian counterparts, causing Canadians to shy away from this type of business in fear of failure. Instead, Canadians are watching American movies and listening to American music while they are completely oblivious to the possibilities of what Canadians could have achieved in this industry. In order to change this system so that Canadians can…

    • 825 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Many people came to Canada because they thought it was a country of opportunity to them. If you were to look into Canada’s history, you might say Canada was not a land of opportunity for all groups. Gender, race, religion and education were all very important aspects that shaped Canada’s history. These four categories weren’t respected and treated with care. This is why gender, race, religion and education are still a problem within our country today.…

    • 793 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Our beer goes down smooth

    • 307 Words
    • 2 Pages

    Allowing our companies to be run in other parts of the world gives us a bigger name and sort of works as an advertisement for Canada.…

    • 307 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Foreign Business are extremely beneficial to the Canadian economy. Granted, they open up foreign markets and provide vast investment opportunities, the biggest benefit however, is the goods and services in which they make accessible. I deemed this factor as the most beneficial due to the fact that the Canadian market is arguably not as cheap or as expansive as some of the other prominent global markets which makes foreign goods quite valuable to our country. This is quite commonly seen, take China for example, they make up about 4.10% of our global exports and 7.10% of our imports. With that in mind, Canadian businesses have the opportunity to capitalize on the cheaper manufactured goods from China by selling their goods at a higher price in relation to their actual cost. On a small scale example, if a Canadian business were to buy 100 plates from China, costing a dollar a plate, and were to sell those plates for one dollar and fifty cents, that…

    • 556 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    I am siding with the effectives because I do believe that the Canadian’s government is helping the citizens and Canada. There are many ways that the government is effective. One way is the process of laws. The law starts…

    • 1097 Words
    • 5 Pages
    Powerful Essays