Program hailed as “game-changer” by innovation community, expediting the time it takes to attract and process highly-skilled foreign workers from abroad
Toronto, ON – Canadian tech CEOs and innovators welcomed the launch of the Global Talent Stream on Monday, June 12th. After extensive consultations with CEOs and HR representatives from Canada’s fastest-growing domestic scale-ups, the Government of Canada has launched a new dedicated service channel that promises to dramatically reduce the amount of time it takes for high-growth companies to attract, process and employ highly-skilled workers from outside of Canada.
With Canada facing a shortage of nearly 220,000 highly-skilled workers by 2021, the Global Talent Stream responds to the demands of high-growth companies in search of the talent they need to be able to scale-up and compete globally. The new service channel aims to benefit two types of Canadian companies: high-growth firms in search of unique talent with experience in scaling small and medium sized companies into multi-million dollar entities, and firms in need of highly specialized workers for positions that Canada's current talent pool cannot fill.
Benjamin Bergen, executive director of the Council of Canadian Innovators, welcomed the news of the Global Talent Stream’s launch with this statement:
“CEOs leading high-growth companies across Canada looking to attract international talent to scale-up their companies are thrilled about the new Global Talent Stream.
The current outdated system has taken upwards of 12 months to process a work permit for a unique and highly-skilled worker who has the ability to transform a company from a small to medium business to a global giant; This is just too long for a company hungry for talent and detrimental for economic growth in Canada.
With so few people within Canada experienced in scaling companies from the millions to billions, this new process will help domestic companies attract and hire top-notch talent so they can grow their firms to global heights; this will help scale-ups create new jobs here at home alongside the international talent they can attract from abroad.
In 2016, CCI launched a series of consultations between the Government and Canadian innovators after CEOs called on for a faster, more streamlined process for work permits; The global skills visa shows government has listened to the concerns of its high-growth companies.”
- Since 2016, The Council of Canadian Innovators has participated in more than 70 meetings with the Government of Canada focused on the Global Talent Stream, including sessions on the design, criteria and proposed implementation of the dedicated service channel.
- In Spring 2017, the Council became the first non-governmental referral partner of the Global Skills Strategy. CCI’s role is to refer Canadian companies who are making significant investments in Canada and have foreign talent needs to the Ministry of Immigration, Refugees and Citizenship Canada (IRCC). Further, CCI is responsible for referring companies that demonstrate an ongoing need for specialized global talent to the Ministry of Employment and Social Development Canada (ESDC).
- A 2017 study released by the Information and Communication Technology Council of Canada (ICTC) reports that by 2021 around 220,000 critical digital talent positions will need to be filled in Canada’s high-tech sector.
- CCI is a non-partisan, CEO-driven organization that advocates on behalf of over 70 CEOs leading high-growth Canadian innovation companies that are scaling up globally. CCI receives no government funding.
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