Aging workforce, lack of immigration threaten Atlantic region

Financial PostNovember 26, 2009



OTTAWA — All those years of watching the cream of its youth go west for better opportunities has left Atlantic Canada in a bit of a pickle, according to a report by the C.D. Howe Institute.

In a report titled Stress Test: Demographic Pressures and Policy Options in Atlantic Canada, the think-tank says it will take "courage and imaginative approaches" to ride out the storm that looms if the provinces are not able to attract enough immigration to offset the rising costs of dealing with an aging population.

While the quaint, small-town charm of the Atlantic provinces is attractive to tourists, it is less so to the region's own educated citizens and migrants from other provinces and abroad, the report suggests.

The region's population is 8.3 per cent rural, according to authors Colin Busby, William B.P. Robson and Pierre-Marcel Desjardins, compared with 2.6 per cent in most of the rest of the country outside of Manitoba and Saskatchewan. While rural areas tend to have a better hold on the people already living there, cities are far more successful at attracting fresh blood.

"The scarcity of population-attracting large urban centres in the region is a sobering fact for those hoping to address Atlantic Canada's demographic pressures through large inward flows of migrants," the report says.

"Without large future increases in output per working-age person in the Atlantic provinces, a shrinking workforce — which may be the case as soon as 2010 — will dampen future economic growth," the authors conclude. They urge an early start to preparations on many fronts — migration, education and skills training, investment and fiscal programs — to make sure the region continues to prosper.

One way to mitigate the future costs of health care would be to establish a Canada Pension Plan-style of pre-funding for health programs, the report suggests.

Governments will have to enact policies to maintain the area's standard of living, including rules to allow better labour-market participation incentives and labour-force flexibility; promote training to improve skills and literacy; improve the school system to fuel growth and better match graduates' skills to employers' needs; attract and retain new migrants in the workforce; and contain rising program costs.

One way to increase workforce participation, the report says, is to remove the regional application of EI benefits, which it says encourage workers to stay in the Atlantic region when they might have better prospects elsewhere and also leads to skills degradation in workers who are unemployed for extended periods. Another is to keep workers on the job longer, perhaps by increasing the CPP entitlements for people who retire later than 65.

Source: Canada.com

Realising its need to have talented people, Canada keen to accept immigrants

Punjab Newsline Network
Thursday, 26 November 2009

LUDHIANA: With aging population and impending labour problem, this year Canada is accepting the highest- ever number of immigrants from across the globe in the past 15 years, said Lt Col BS Sandhu, chairman and managing director of the World Wide Immigration Consultancy Services (WWICS).

Addressing a press conference here, Sandhu said with the introduction of the fast track immigration, the entire procedure had become simpler for the immigrants, who could seek immigration under different categories of skilled worker category, federal investor category and Quebec investor category.

“Realising its need to have young and talented people, the Canadian government has implemented major changes to ease the influx of talented and hard working immigrants,” he added.

Economy in Canada and Australia depend heavily on immigrants to fill the shortfall in its labour market, therefore, applicants falling under the Canada’s 38 priority occupation list and the Australia’s critical skill list are processed on fast-track system and aspiring candidates gets nod within six to 12 months, he added.

Businessmen can easily make it to their dream destination as permanent residencies under the Canadian Federal Investor Programme and the Quebec Investor Programme, without having to worry about clearing IELTS, he added.

With an investment of just Rs 50 lakh, the wannabe immigrants can immigrate through the fast track system within this period. Banks can readily finance the balance money. With just two years business experience and having net worth equivalent to CDN 800,000, businessmen qualify for this opportunity enabling their entire family to immigrate.

Sandhu added that besides providing opportunity to the business class, Canada is an attractive destination for students pursuing quality education.

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