Foreign direct investments in Canada are required to conform to the federal Investment Canada Act (ICA). The ICA ensures that foreign investment contributes to economic growth and employment opportunities in Canada, while also promoting foreign investment in the country. Under the ICA, acquisitions made by foreign investors are required to be of “net benefit to Canada”, and are subject to review on the grounds of national security.
While some parts of Bill C-24 – the Strengthening Canadian Citizenship Act – came into force last year, the remaining amendments came into effect on June 11, 2015. Also starting June 11, new citizenship application forms became available on the CIC website. Any citizenship applications received using the old forms after June 10 will not be accepted by CIC.
One year after the introduction of new Temporary Foreign Worker (TFW) rules in Canada, the BC Restaurant and Foodservices Association has revealed how the changes have adversely impacted the restaurant business in the region. Businesses in Whistler, the Okanagan and the Kootenays have been hit the hardest, as they struggle to cope with fewer temporary foreign workers during their busy tourist season.
Canada has introduced a new Oath of Citizenship Act to ensure that applicants acquiring Canadian citizenship show their face while taking the oath at citizenship ceremonies. The Act requires applicants to say their oath in public, confirming their commitment to Canada’s values, laws, and traditions.
Source: Expat Forum
Canada ranks second globally in terms of proportion of foreign-born residents, having had a high level of inward immigration in recent decades. Now its immigration system has been reworked to bring in workers with skills tailored to better fit the economy. The “Express Entry” system is designed to bring more high-skilled workers to Canada, rewarding people for having particular skills, and boosting those with job offers with almost certain invitations to apply for permanent residency.
Labour Market Impact Assessment (LMIA) exempt categories have been expanded to include repair personnel for out of warranty equipment in Canada. To qualify for a work permit under this exemption, the repair technician must be qualified to repair the equipment, the equipment manufacturer must have no commercial presence in Canada, and there must be proof that Canadian jobs would be affected if the machinery is not repaired in a timely fashion.
The federal government’s controversial Bill C-24 came into full effect this week, giving the government discretion to strip the citizenship of anyone convicted of terrorism or treason – but only if they have dual citizenship. Critics say the Bill creates two classes of Canadian citizens – those at risk of losing their citizenship, and those not at risk.
A recent survey shows that a majority of prospective skilled immigrants cited “lack of work experience in Canada” as a significant barrier to their success in Canada. Other barriers and challenges to career success faced by migrants in Canada included lack of information about jobs, though more than 90 percent were positive about their future prospects in Canada.
Developers in Toronto are building 97 residential towers, more than any other city in North America, with several luxury high rise developments being funded by foreign investors from China and India. Investors are attracted by Canada’s world leading urban centres, and housing values that are considered attractive despite recording price rises of 10% annually.
Farmers in Alberta are facing difficulties in hiring workers to fill positions that pay $18 to $20 an hour. Agricultural employers say it is increasingly difficult to hire foreign workers, despite being exempt from federal caps limiting the number of foreign workers. Under new rules, farmers are required to advertise for Canadian workers for a minimum of 14 days, and then apply for a labour market impact assessment, before being allowed to hire foreign workers.