The immigrants in Canada population will be near 24.6% to 30.1% by 2036 as you compare it to 2011 which was only 20.8%, as highlighted by the latest demographic projections of Canada. Also, these statistics showed that this was the highest from 1871.
The Canadian population will see a rise in its immigrant population and second-generation population with one parent born abroad as close as 50% by 2036. it was just close to 38.3% in 2011. The hike will be due to the backbreaking work of its administration.
The very important role to Canadian society and economy its immigrants will continue to do so in future and also in its demographic growth. With this, the Canadian economy will also witness the population’s ageing. The forecast of growth of Canadian society and economy in 2032 will be vastly from the immigrants and is expected to be as high as 81% compared to the growth in 2012 which was nearly 68%.
Almost after two decades, the growth will be almost 13% high by 2032, the predictions show for the Canadian economy. The projections also show that the key source to Canada’s society and economy its immigrants from other countries will be facing an ageing population and more countries with an ageing population and fewer birth rates will be fighting with the Canadian young, skilled and mobile population.
It’s very important to understand the labour market of immigrants and its outcome both are important to understand the vital aspects of their socio-economic integration. The labour market has been focused and two important points are indicated, the employment of the population and the unemployment rate. It was also highlighted that the gap between immigrants and the Canadian-born population was documented.
The very recent picture of immigrants’ labour market situation has been described in the Labour Force Survey’s data. It is based on 12 years of LFS data study on immigrants, from 2006 to 2017. The survey focused on core-aged immigrants in Canada and shows the labour-market trends for younger and older Immigrants.
Core-aged candidates are aged between 25 to 54. Candidates of this age group mostly finished their schooling and have not yet retired from their jobs. Labour-market trends for core-aged people can be calculated by province, industry, and educational qualification.
immigration is a tool that can help the Canadian economy by filling up the gap for worker-to-retiree
Highlight
- According to a survey, 66% of Immigrants from 2016 and 2017 were of core working age and Canadian-born workers were more than 54 years and more.
- The rate of employment of Immigrants rose up to 78.9%, the highest rate in 12-year and the employment rate for the Canadian-born individual was 84.0% in 2017.
- The rate of employment of immigrants in British Columbia and Ontario recorded the highest in 2017.
- Immigrants got employment in different fields such as professional, and scientific. They also got employment in finance, insurance and real estate services.
- The employment rate increased for university-educated immigrants between 2016 and 2017. full-time jobs increased for those university-educated candidates who were living in Canada for more than 10 years.
- The employment rate also increased for Canadian-born individuals up to 91. 4%.
- The university-educated immigrants increased their employment rate up to 82.1% in 2017. Consequently, therefore the gap regarding employment between them and Canadian-born individuals became very small since 2006.
- Core-aged immigrants who are born in the Philippines have the highest employment rate than Canadian-born individuals too.
- Temporary residents are also contributing to the Canadian labour market. Only visitors and international students contributed $31.8 billion in 2016. The foreign skilled workers can help Canadian industries to build a strong economy. Temporary work programs also play a significant part to fulfill labour demands.
When immigrants arrive in Canada and become an integral portion of the consumer market. By doing this they also contribute to the economy of Canada and help to increase according to the Annual Report to Parliament regarding Immigration showed that the Canadian economy has high profits due to increased immigration.
