Canada Today – A brief highlight of the Canadian Environment, Immigration, and Economy (Progress so far)
Canada has decided not to trail the paths of the US and UK in the activities of its border. While these countries have made their immigration process strict, Canada has remained an open home for foreign immigrants. However migrating to Canada requires a solid knowledge of the environment and its policies, but there are top immigration consultants in Dubai that assists foreign immigrants to achieve this.
The Canadian prime minister Trudeau also reiterated this recently in May while appreciating the efforts of foreign immigrants towards the development and stability of the Canadian economy.
Therefore, here is a brief review of Canada, where it stands today in the world in terms of its economy, Judiciary, employment, immigration, and Regulatory activities.
Background
Canada is the second biggest country globally by land mass, with an economy ranked as the 10th largest by nominal GDP. It is also the 8th freest in the world with the current bench score at 77.7.
In 2015 the liberal party took over as the dominant political party after the conservative party ruled the country for several decades. Canada is considerably related to the US following their pattern of economic activities, production, the average wage per hour, and living standards. About 75% of the country’s export is mainly to the United States. These North American countries in 2018, renewed their negotiations for free trade.
The country has 36.6 million people including citizens and immigrants. The economic growth is pegged at 3% with about $48,265 generated GDP per capita. The country has an inflation cap of 1.6% while the foreign direct investment is currently at $24.2 billion.
Rule of Law
Canada is a respecter of human rights. Besides, the country operates an independent and open judiciary system that ensures everyone abides by the rule of law. In Canada, about 89% of the land is owned by the respective states, while 11% are private ownership. However, these privately owned properties are well protected by the government. The country meets the world standard in terms of its protection of Intellectual property rights.
Similarly, the compliance to agreements and contracts is strictly established, and cases of extortion or frauds are rarely likely to occur. The judiciary also ensures that it rigorously investigate and discipline any instances of corruption or corrupt individuals. Little wonder the country operates a transparent government, and the rate of crime is shallow.
Regulatory activities
Canada runs efficient, transparent, and commercial operations, which is adequately regulated by labor laws. These regulations have helped businesses to thrive with relatively high efficiency.
Although the unemployment rate in the country is about 5.4%, these labor regulations have had a significant impact on employment growth. The government is continually working towards the reduction of fossil fuels so that it can meet with the environmental standards of the G20 countries.
Immigration
Canada has recorded numerous improvement in its immigration activities over the last decade. More recently, Canada has a lot of immigrants, especially from South Asia and China.
As at 2018, the number of immigrant in Canada is estimated to be 303,257. The law that regulates immigration in Canada is the Immigration and Refugee Protection Act (IRPA). Statistics, as of 2017, showed that about 60% of immigrants in Canada possess a university degree certificate.
As of 2018, the country has about 412,101 international students. The number of immigrants who are permanent residents but do not have any degree is about 1.07 million, while those who had at least a university degree is about 2.88 million.
There are various routes to Canada immigration. Among these, the Canada skilled immigration established in 2015, offers individuals who do not have any relative In Canada the opportunity to become permanent residents. As a result of this, there has been a significant progress in the number of expert Canada Visa Consultants in Dubai.
Employment
The unemployment rate in Canada as at may 2019 dropped to 5.4 %, which is the lowest recorded since 1976. A report from Statistics Canada, the employment increased by 453, 000 in both full time (299,000) and part-time (154000) work.
Success has been recorded in the health sector, science, and technology, clean energy, business, and industry. However, the rate of unemployment for landed immigrants remained the same with no significant increase or decrease.
The Canadian labor force targets mostly skilled individuals in various sectors of the economy. However, the workforce consists majorly of full time and part time workers. Various provinces record a significant amount of employment from Canadian employers each month. Moreover, Statistics Canada has revealed that the majority of jobs comes from the private sector.
