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Sunday, November 10, 2024

Canadian visa modifications may worsen $38 billion value to small companies, says CFIB


“This isn’t the time to behave swiftly. All components have to be thought-about, particularly when labour shortages value small companies over $38 billion in misplaced income alternatives,” mentioned Jasmin Guenette, Vice-President of Nationwide Affairs at CFIB. The group desires open and public consultations on the proposed modifications and any future ones.

CFIB president and CEO Dan Kelly added that small companies in smaller and rural communities might be extra impacted and, whereas he acknowledged the necessity for immigration limits, he known as on the federal government to contemplate the chance to the financial system of the just lately introduced modifications.

He additionally expressed concern that provinces could prioritize public establishments on the expense of personal schools.

“Many smaller, non-public schools are higher in a position to provide the kind of coaching most wanted by employers in comparison with bigger, publicly funded establishments. We have to be cautious to not paint everybody with the identical brush as many non-public trainers are instrumental in coaching professionals in expert trades the place Canada is experiencing a labour crunch,” he mentioned.

TFW program

The modifications had been introduced late final month and there may be modifications to the momentary overseas employee program which would cut back the variety of hours that overseas college students are allowed to work.

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