Nearly 400,000 jobs continue to go unfilled in Ontario
This week, Monte McNaughton, Ontario’s Minister of Labour, issued a statement to mark Labour Day. In the statement, the Minister paid tribute to all the hardworking men and women who keep Ontario moving. However, he also pointed out that nearly 400,000 jobs continue to go unfilled in Ontario.
This generational labour shortage is holding back our economy and raising costs for families… Each unfilled job is a paycheque waiting to be collected and a path to a better life.Monte McNaughton, Minister of Labour, Immigration, Training and Skills Development
Due to the labour shortage, Ontario is continuing to invest in innovative training programs that give workers the skills needed for new in-demand careers. In the coming months, Ontario has an ambitious Plan to Build. This plan includes measures to support immigrant entrepreneurs and enhance the Ontario Immigrant Nominee Program (OINP).
Table of contents
Supporting Immigrant Entrepreneurs
The government is attracting 100 international entrepreneurs to start or grow businesses in regions outside of the Greater Toronto Area (GTA) through the Entrepreneur Stream of the Ontario Immigrant Nominee Program (OINP).
Each entrepreneur must invest a minimum of $200,000 into their business. They must also generate at least $20 million for Ontario’s economy. Applicants will be able to be nominated for permanent residence once their business has been operating in Ontario for 18-20 months. To read more about this announcement, please visit the following article:
In addition to this initiative, Ontario has been removing discriminatory barriers that prevent foreign-trained professionals from working in the sectors they were trained in.
Enhancing the Ontario Immigrant Nominee Program
Ontario is investing $15.1 million to improve and expand the Ontario Immigrant Nominee Program (OINP). The OINP nominates applicants for permanent residence who have the skills and experience to match the province’s labour market needs.
The new investment will allow the program to:
- improve the nomination process for applicants to the OINP with an expression of interest system,
- grow and enhance security and fraud detection,
- perform other IT updates to ensure the system can handle increased capacity,
- keep helping businesses in small and rural communities attract and retain skilled workers.
According to the Minister of Labour, the province is lowering the barriers that newcomers face. Moreover, they continue to call on officials in the federal government to double the number of newcomers Ontario can select in 2022.
About the Ontario Immigrant Nominee Program
The OINP allows the province to nominate, for permanent residence, individuals who have the skills and experience to contribute to Ontario’s economy. With an Ontario nomination, individuals then apply to the federal government, through Immigration, Refugees and Citizenship Canada for permanent residence.
About the Ontario Entrepreneur Stream
The Ontario Entrepreneur Stream (OINP) targets senior managers and business owners interested in starting a business in Ontario. The stream allows international entrepreneurs to be nominated for Canadian permanent residency once the company is established in the province.
Although this stream was initially established in 2015, only two nominations have been made to date. To improve this program, Ontario will better support entrepreneurs that apply and help connect them with business opportunities that best fit them. If you want to know the minimum requirements and good business models for this stream, please visit:
Please be aware that there are other options to immigrate to Canada if you are self-employed or have a business mind and enough expertise:
- Self-employed: This option is available to self-employed or world-class professionals in athletics or cultural activities. Of course, you must meet the strict criteria.
- Start-up visa: You may pick this option if you have an innovative idea. However, a designated organization must support your proposal. Also,
- IMP C11: lets entrepreneurs and self-employed individuals apply for a work permit that does not require LMIA.
Let us help!
If you intend to immigrate to Canada as a business person in 2022, consider contacting us. You may alternatively book a consultation session or fill out our assessment form. If you are filling out the following form, make sure to be as thorough as possible.
Read this in Spanish
Fill our Free Canada Immigration Assessment Form in your language!
This article provides information of a general nature only. Considering the fluid nature of the immigration world, it may no longer be current. Of course, the item does not give legal advice. Therefore, do not rely on it as legal advice or immigration advice. Consequently, no one could hold us accountable for the content of these articles. Of course, if you have specific legal questions, you must consult a lawyer. Alternatively, if you are looking for immigration advice, book an appointment.
The characters and places in the articles:
All the characters and locations in the articles are fictional, unless otherwise clearly stated. Therefore, any resemblance in names, dates, and places is coincidental.
For our official addresses, trust this website only. We currently do not have offices outside Canada. Therefore, anyone who claims to be our agent is committing fraud. Also, note that we do not issue any work permits or study permits or similar documents. The government of Canada has the sole authority to issue such material.