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ARTICLE · 11 JULY 2023

Unlocking The Global Talent Firewall: IRCC Announces New Tech Talent Strategy

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The Government of Canada recognizes that there is still a significant labour shortage in the high-skill tech sector of the Canadian job market and that Canada remains an attractive destination...

CanadaImmigration

The Government of Canada recognizes that there is still a significant labour shortage in the high-skill tech sector of the Canadian job market and that Canada remains an attractive destination for foreign workers. On June 27, 2023, the Minister of Immigration, Refugees, and Citizenship ("IRCC"), the Honourable Sean Fraser, unveiled a new four-pillar approach to attracting and retaining the skills and business talent to create the 'jobs of tomorrow'. The strategy involves both improvements to existing programs, as well as new immigration pathways for those working in the tech industry.

1. New LMIA-Exempt Innovation Stream

The first pillar in the Tech Talent Strategy is the creation of a new Innovation Stream under the existing International Mobility Program aimed at attracting highly talented individuals. This program, which will be in place by the end of 2023 and which will be exempt from the labour market impact assessment process, will potentially offer two

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The foregoing provides only an overview and does not constitute legal advice. Readers are cautioned against making any decisions based on this material alone. Rather, specific legal advice should be obtained.

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