Canada Unveils Pioneering Tech Talent Strategy at Collision 2023

June 27, 2023—Toronto: In a bold move to secure its position at the forefront of global innovation, Canada has introduced a groundbreaking Tech Talent Strategy aimed at bolstering its high-growth industries. This initiative, announced at North America's premier tech conference, Collision 2023, promises to pave the way for future job creation by attracting top-tier talent to fuel the country's burgeoning tech sector.

Key Announcements

The Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship, spearheaded the announcement, unveiling a series of measures designed to enhance Canada's competitive edge in technology and innovation:

• Open Work Permit Stream for H-1B Visa Holders:

  • Enabling U.S.-based H-1B specialty occupation visa holders to apply for Canadian work permits.
  • Accommodating study or work permit options for accompanying family members.

• Innovation Stream Development:

  • Under the International Mobility Program, this stream aims to attract highly skilled individuals by offering:
  • Employer-specific work permits valid for up to five years for employees of companies identified as crucial to Canada's industrial innovation goals.
  • Open work permits for up to five years for workers in select in-demand occupations.

• Global Skills Strategy Enhancement:

  • Reinstituting a 14-day service standard for processing work permits under this program.

• Promotion of Canada as a Digital Nomad Destination:

  • Positioning Canada as an ideal locale for digital nomads seeking new opportunities.

• STEM-Specific Draw in Express Entry:

  • Launching a targeted draw to invite additional candidates with expertise in Science, Technology, Engineering, and Mathematics (STEM).

• Start-up Visa Program Improvements:

  • Increasing the allocation of spots for 2023, with plans for further growth in 2024 and 2025.
  • Expanding work permit durations to three years and offering open permits to all members of entrepreneurial teams.
  • Prioritizing applications with backing from venture capitalists, angel investors, and business incubators, particularly those associated with Canada’s Tech Network.

Embracing a Tech-Driven Future

This strategic initiative underscores Canada's commitment to cementing its status as a leader in tech talent acquisition. By addressing both immediate workforce needs and fostering an environment conducive to future innovation, the government aims to not only fill existing gaps but also lay the groundwork for the creation of new job opportunities.

For a comprehensive overview of the Tech Talent Strategy's components, readers are encouraged to consult the detailed backgrounder provided by the Government of Canada. This strategy signifies a pivotal step towards a vibrant, tech-driven future, ensuring Canada's place on the global stage as a hub for innovation and talent.