Why Canada Needs More Immigrants—Now

BY ALISON RAMSEY


Studies in both the United States and Canada have shown that job creation increases and the economy improves as the number of immigrants swells. Immigrants are, as a group, better educated than Canadians and since 1967, when the government introduced its point system, the selection process favours those with marketable skills.

Is there a market here for skilled labour? Actually, Canada is seeing signs of worker shortages in several professions – including engineers, doctors and nurses, to name a few. Added to this is the fact that the population in some provinces is shrinking, and employers are having difficulty filling their rosters with skilled help. Paul Darby, director of the Conference Board of Canada, estimates a shortfall of 3 million skilled workers by the year 2020.
Boosting immigration could be a very effective way of helping to ease the shortage, but there are other impediments.
Immigrants often have difficulty working in their fields after they arrive. On average, it takes 10 years for immigrants to get hired in jobs for which they have skills and, even then, they are not necessarily working at the skill level to which they have been trained. In March, Jeffrey Reitz of University of Toronto’s Centre for Industrial Relations, released a study showing that immigrants whose skills are underused cost the Canadian economy $2.4 billion yearly. He also estimated that they are underpaid to the tune of $12.6 billion every year. No type of job is exempt. "We used comparisons across the labour force," says Reitz.
Some organizations are answering the growing demand by helping immigrants become licensed to work in Canada after they arrive. The Ontario Ministry of Education, for example, is spending $12 million over three years to help get more foreign-trained medical professionals – nurses, doctors and pharmacists – into their professions. The money is given to local professionals associations to recruit and retain personnel. Another $3.5 million is being spent by the province to train foreign professionals to ensure they meet Canadian standards.
Yet, at the same time, experts are worried that the flow of immigrants is about to dry up, thanks to legislation coming into effect in June that changes the rules for people hoping to enter the county. Reitz says the proposed guidelines constitute a much more stringent selection criteria. He theorizes that the government hopes to eliminate a backlog of applicants, which numbers about 660,000 people. The Association of Immigration Counsel of Canada has run dozens of scenarios to determine how many of the 660,000 would be eligible under the new guidelines. "We anticipate that only five to eight percent will be allowed in," he says. The problem, adds Reitz, is when the backlog is gone but the need for skilled workers remains.
Growing demand for skilled labour is not limited to Canada. In India and China, for instance, the high-tech industry is developing. Workers from those countries who might have had to emigrate to ply their job skills in the past, now have a better chance of finding work at home. Even after skilled workers arrive, it can be a challenge to keep them here: the United States is also eager to attract the best and the brightest.
According to a survey by Canada’s Federation of Independent Business, one out of 20 jobs remains unfilled because of an inability to find suitably skilled labour. This represents about 250,000 to 300,000 vacant jobs in small- and medium-sized businesses alone. The lack is not just in professions that require higher education. The worst off are employers looking for skilled construction workers, who reported 7.7 percent of jobs went unfilled. They are followed closely by the business services and agriculture sectors. Hospitals and the personal service sector ranked tenth at 3.8 percent.
The need is greatest in Manitoba, Ontario and Alberta.

Wealthy Chinese flock to the West

Luck is Near at The Fountain of Wealth, Suntec...Image by williamcho via Flickr


Growing numbers of rich Chinese are applying for permanent residency in Western countries under programmes that allow investors with a high net worth to "buy" citizenship.
The number of Chinese investors granted permanent residency in Canada has doubled in two years.
Ottawa has now halted all applications to its federal immigrant investor programme while it consults on plans to double the funds needed to obtain a visa.
Applicants are still allowed to apply to a scheme run by the province of Quebec, however,
And at seminars run by visa consultancy firms in China, advisers are encouraging people to apply for the scheme before Quebec also doubles its minimum requirements to match the federal government's proposals.
Cash and experience
  The average age is 40 to 45, says visa consultant Vincent Chen
On a rainy Saturday afternoon, in a conference room at a five-star Shanghai hotel, more than 30 potential "investor applicants" arrive to hear how they might be able to exchange their cash for a foreign passport.
Many are in their 30s. There are several young couples. Most are professionals. Few are dressed smartly. They appear to be a pretty average cross-section of Shanghai's moneyed middle class.
They are shown a video that the visa company has made to promote Canada, and the country's visa application service.
"You don't have to worry about integrating," the video's commentary declares. "You don't even need to speak English."
Then the advisers go through the detail.
The Quebec scheme requires applicants to show they have a net worth of C$800,000 (US$776,000; £502,000) and they must invest up to C$400,000.
They also need to show they have had two years' experience in management.
Different requirements That's considerably cheaper, they point out, than the UK, which requires investors to invest £1m ($1.5m) for five years.
 
There are pros and cons of each of the countries' schemes.
Canada's applications currently take about two-and-a-half years, but the financial requirements are the lowest in the world.
The United States requires applicants to invest up to $1m (£646,000) in a business that creates at least 10 new jobs. Applications take up to one-and-a-half years.
The UK's application process is the quickest. It can be completed in just three months, according to the visa consultants at the seminar, and there is no interview.
But it is also the most costly.
"Usually, the applicants are business owners or senior managers," explains Vincent Chen, senior consultant for the Visa Consulting Group.
"The average age is 40 to 45, but it's getting younger."
Easily achievable Canada has not changed its "immigrant investor" programme requirements since 1991.
  Some just want the passport before they move back to China
"Back then, C$800,000 was a huge amount," Mr Chen says.
"But now, with the increases in property prices in cities like Shanghai, people don't think it's that hard to achieve.
"That's why you've seen the numbers granted permanent residency have doubled."
Other factors are also at work here.
Increasingly, those who come to the seminars have friends who have already emigrated.

Reasons to move
David Lu, 38, a manager in a telecommunications company, has come to the seminar to find out more about how to apply to move to Canada.
End Quote Dr Wang Huiyao Centre for China and Globalisation
At the end of the session he starts filling in the forms eagerly.
He has positive reasons to move. Some of his relatives already live in Canada. And during holidays there he has enjoyed the lower pollution levels there.
Also, he says, the Canadians are "a lot more relaxed" than the Chinese.
There are other reasons though why he wants to leave China.
"People hate you [here] if you have money, and the rich bully the poor," he says.
"Another issue for me is health care," he adds.
"I don't think anyone interested in moving abroad would worry about the costs. We want their better quality medical care."

Brain drain
Fabio Xu, 30, runs a paint company in Shanghai.
He says he wants to move to the US "because of the better medical care there, and better educational opportunities for my child".
"In China, all my money goes on my mortgage, food, clothing and travel," he says, "but in the States there's generally more freedom. I would be able to develop myself more creatively and get more out of life."
Some Chinese academics worry that China is losing its brightest and most able citizens, as well as huge amounts of money.
Last year 1,823 investors were granted citizenship in Canada under the immigrant investor programme.
Even if they had only invested the minimum amount required, that would mean almost US$700m had been taken out of the country.
"China is losing the talent it really needs," says Dr Wang Huiyao, the director general of the Centre for China and Globalisation.
"As China tries to develop its economy and change it from 'made in China' to 'created in China', it needs these people to build the country."
In touch with China Dr Wang believes many people want a foreign passport because it is so hard to travel freely around the world on Chinese documents.
Indeed, one woman at the seminar is anxious to know how quickly she could get her Canadian passport, so she could return home to China.
For her it appears the motivation is not to get a new home abroad, but to obtain a passport that might make life more convenient.
A Western diplomat in Shanghai offers another explanation for the increase in these kinds of visa applications.
The internet, he says, means you can live abroad, but never leave China.
"You can wake up in the morning and browse the People's Daily online over breakfast. You can trade your stocks on the Shanghai exchange with the click of a mouse," he says.
"You can chat all day to relatives for free on Skype, or run your business remotely."
His point is that emigration is no longer necessarily the emotional wrench that it once was for people.
The need to assimilate in their adopted country for practical reasons is not as great as it once was - which in itself could yet pose its own challenges for Western societies.
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Chinese Paving the Road to Freedom With Cash

Embassy of the People's Republic of China in C...Image via Wikipedia
BEIJING — “They’re all millionaires. They’ve made it,” said Mikael Charette of the thousands of wealthy Chinese — his clients — who apply to emigrate to Canada every year on that country’s investment immigration program.
As part of his job, Mr. Charette, a lawyer from Montreal, scrutinizes clients’ financial records. Back in 2005, when he began working at Harvey Law Group in Beijing, he was struck by how often a family’s wealth began with the transfer of the assets of state-owned enterprises to private ownership in the 1990s. Over the course of about eight years, he estimates, those factories became fully profitable.
“Now, I look back over a decade of records, and I see that the factory is running itself. The money of the family is in the second generation, and the children are often already overseas-educated, and they, too, own real estate here,” he said.
But regardless of how wealthy they become, China’s new rich simply don’t feel secure.
“I’ve had rich businessmen say to me, ‘You can be a tiger, but there is always a hunter somewhere,”’ he said.
So they come to Mr. Charette, who specializes in investment immigration to his home province of Quebec. Or they go to other lawyers dealing in immigration to major destinations like the United States, Australia, Singapore, New Zealand and Hong Kong.
Unsolicited text messages from immigration firms have become a standard feature of life for Beijing’s upper-middle classes.
“Zero-risk emigration to America: Invest in an Idaho gold mine. For the first time in Beijing the governor himself will explain how, officially,” ran one, supplying a time and date for the meeting. “Emigrate to Australia for $200,000, 95 percent success rate, free education, generous welfare,” ran another.
In just over three decades, China has gone from being one of the poorest countries in the world to its third-biggest economy. Per capita gross domestic product in 1975 was $410. In 2009, it was $6,567, according to the World Bank.
The Hurun Rich List, based in Shanghai, says there are now 875,000 known dollar millionaires in China, an increase of 6.1 percent from a year ago.
Yet even as China grows richer, the number of its rich choosing to emigrate is rising. Many want to maintain two homes, merging their money-making abilities in China with what they perceive as the greater security and ease of international travel offered by a foreign passport or permanent residency.
Last year, for the first time, Chinese citizens became the largest group of immigrants to Australia, displacing the traditional sources of Britain and New Zealand. From July to December 2009, 13,371 Chinese became “permanent additions” (gaining or entitled to permanent residency) to Australia, overtaking Britain’s 13,037 and New Zealand’s 7,342.
While most immigrants are admitted on the basis of sought-after skills or to reunite families, investment immigration, in which applicants make a minimum financial investment or create jobs in their destination, is also booming. So much so that Canada, excluding Quebec, temporarily halted its program in June in order to double the amount that would-be immigrants must invest to qualify. Whereas before applicants required a net worth of 800,000 Canadian dollars, or about $790,000, and a 400,000-dollar investment, in the future they will need 1.6 million dollars and an investment of 800,000 dollars.
“All these changes are because we are overloaded,” Mr. Charette said. “This is a huge, sophisticated market.”
The result for Mr. Charette has been gratifying — a surge in applications to Quebec. He estimates that the window of opportunity will last until October, when Quebec, too, will adjust its policies. In February, 233 people from around Asia applied to the program, he said. In June, the month the national program closed, the number was 519. Chinese constitute up to 85 percent of applicants.
On June 26, the same day the rest of Canada temporarily closed doors, Mr. Charette addressed about 40 would-be investment immigrants in Beijing. The middle-aged men and women listened intently, most taking notes.
The looming higher rates “shouldn’t be a problem for my friends,” murmured Ms. Hou, who did not want to be identified by her full name and said she was with the People’s Liberation Army, representing rich property developers from the city of Xinxiang, in the central province of Henan.
Would she also emigrate, if she could? “Yes,” she said immediately.
Why? After all, China’s living standard is rising as the rest of the world watches the apparent success of the so-called “Beijing Model” — authoritarian politics plus fast economic growth.
Her answers mirrored those given by other would-be emigrants: Better education for the children; a pollution-free environment; better medical care; a safer food supply; bigger and cheaper housing. Added up, they are what psychologists and sociologists dub Q.O.L., or quality of life issues, factors not measured by G.D.P.
“Education is very important,” offered another woman at the seminar. “It’s different over there, and it produces different values.”
Did the current economic crisis in the West put her off?
“Not really,” she said. “They talk about it in the papers here, but I don’t know if they’re telling the truth. I trust my friends, and my friends say things aren’t that bad.”
Joy Xi emigrated to Canada nearly a decade ago. When I asked why people leave, despite rising prosperity in China, her answer was swift: “Sanlu,” the company notorious for producing melamine-laced milk powder that killed six babies and sickened hundreds of thousands more in 2008. Few believe the problem is over.
Also, said Ms. Xi, China is growing richer, but it’s also growing more unequal, and that makes the rich feel unsafe.
Summing up how many Chinese think, she cited a widespread saying: “Life in China is too risky. Consider carefully where you want to be reborn in your next life.”
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Information for foreign-trained dentists/dental surgeons

DentistImage by Wolfiewolf via Flickr

Information on requirements to practise
The practice of dentistry is regulated in Canada. In order to practise the profession or use the title of dentist or dental surgeon, you must be licensed as a member with one of the provincial/territorial regulatory bodies. These bodies set the standards for entry into the profession of dentistry and for issuing licences to those who meet the established standards of qualifications and practice. Once you know where you will settle and work, you should contact the appropriate regulatory body for information on licensing procedures (see list below).
All provincial and territorial regulatory bodies recognize the certificate of the National Dental Examining Board of Canada (NDEB). For more information on the NDEB exam and certificate, you may contact:
National Dental Examining Board of Canada (NDEB)
100 Bronson Ave, Suite 203
Ottawa ON   K1R 6G8   Canada
Phone : (613) 236-5912
Fax : (613) 236-8386
In order to write the NDEB exam, an individual must be a graduate of an accredited program in either Canada or the United States of America (USA). Currently reciprocal agreements do not exist with other countries. Graduates of dental programs outside of North America must take a two-year qualifying program.
For further general information on dental occupations in Canada, you may contact the Canadian Dental Association, "the national voice of dentistry" in Canada: 

Canadian Dental Association (CDA)
1815 Alta Vista Drive
Ottawa ON   K1G 3Y6   Canada
Phone : (613) 523-1770
Fax : (613) 523-7736
At the same address, but operating at arm's length from the CDA, the Commission on Dental Accreditation of Canada (CDAC) defines acceptable national standards for educational institutions in the field, and cooperates with provincial/territorial regulatory bodies, the NDEB, and other organizations to develop the accreditation process. For more information on the CDAC and accreditation in Canada, contact the Commission:
Commission on Dental Accreditation of Canada (CDAC)
1815 Alta Vista Drive
Ottawa ON   K1G 3Y6   Canada
Phone : (613) 523-7114
Phone (alternate): 1-866-521-2322
Those who wish to work in a dental specialty should also consult the dental regulatory body in the jurisdiction where they want to practise (see list below), because many jurisdictions require licensure for specialties through the Royal College of Dentists of Canada (RCDC). The RCDC offers specialist examinations in: dental public health, dental sciences, endodontics, oral and maxillofacial surgery, oral medicine and oral pathology, oral and maxillofacial radiology, orthodontics, pediatric dentistry, periodontics, and prosthodontics. Successful completion of one of these specialty examinations may lead to a Fellowship in the College and the designation FRCD(C).
To write the National Dental Speciality Examination administered by the Royal College of Dentists of Canada (RCDC), one may be required to be a graduate of an accredited program. Contact the RCDC for more information:
 

Royal College of Dentists of Canada (RCDC)
180 Dundas Street West, Suite 2003
Toronto ON   M5G 1Z8   Canada
Phone : (416) 512-6571
Fax : (416) 512-6468
Information on assessment of qualifications
Foreign-trained dentists, regardless of education, licensure, or experience, must obtain a Canadian licence to practise dentistry in Canada. Those who wish to obtain further information about qualifying programs and the Eligibility Examination for enrolling in them should contact the Association of Canadian Faculties of Dentistry (ACFD):
Association of Canadian Faculties of Dentistry (ACFD)
100 Bronson Avenue, Suite 204
Ottawa ON   K1R 6G8   Canada
Phone : (613) 237-6505
Fax : (613) 236-8386
If you plan to work in Quebec, you should contact l'Ordre des dentistes du Québec, and in Alberta, you should contact the Alberta Dental Association and College. Please note that the review of your credentials determines only your eligibility to write a certification exam; it does not guarantee recognition of your credentials for the purpose of employment or licensure in Canada.
You may also consult our Fact Sheet No. 2, "Assessment and recognition of credentials for the purpose of employment in Canada," for further general information.
Other relevant information

University of Toronto, faculty of Dentistry.

International Dentist Advanced Placement Program for Foreign-Trained Dentists

The International Dentist Advanced Placement Program (IDAPP ) is a special university program held over five months. After successful completion of this program students are fully integrated into the third year of our four year Doctor of Dental Surgery Program (DDS), leading to the degree of Doctor of Dental Surgery. The program is intended for graduates of non-accredited dental programs, i.e. educational programs that have not been recognized by the Commission on Dental Accreditation of Canada (CDAC) or the American Dental Association Commission on Dental Accreditation. Its purpose is to prepare students to take the examinations of the National Dental Examining Board of Canada (NDEB), the same examinations which graduates of accredited dental programs must take to obtain certification. Upon successful completion of the International Dentist Advanced Placement Program and the NDEB examinations, the candidate will be eligible for licensure/registration as a Dentist in all provinces in Canada .
 

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Canada's growing popularity with foreign investors has "staying power": CIBC World Markets Inc.

La Tour CIBC from the east in Downtown Montreal.Image via Wikipedia
Strategic advantages over many advanced economies increasingly well recognized

TORONTO, July 14 /CNW/ - Canada's outperformance versus many advanced economies is creating "staying power" for the country's growing popularity with foreign investors, notes a new report from CIBC World Markets Inc.
"Canada is increasingly on the lips and minds of international investors," says Warren Lovely, government strategist with CIBC's Macro Strategy group, fresh back from meetings with investors across the U.S. and Asia. "Those we've talked to are getting religion on Canada's potential outperformance versus a growing list of advanced economies. Indeed, it's hard to recall a time when the country possessed such relative, if not absolute, strength."
In CIBC's latest Global Positioning Strategy report, Mr. Lovely identifies a growing list of "strategic advantages" that are boosting interest in Canada and its weighting in global investment portfolios.
Central to Canada's strong story is its fiscal advantage, says Mr. Lovely. He points first to Canada's much smaller need for fiscal adjustments to stabilize debt ratios. "Canada's provinces are not feeling the same heat as some U.S. states, are less prone to severe program cuts or increased revenue measures, and are therefore putting their regional economies at less risk."
In addition, the revenue picture for Canada's federal and provincial governments is also "brightening materially" with $15 billion in extra revenue projected for the year.
Mr. Lovely says the fiscal improvement will serve to reduce borrowing requirements and protect federal and provincial credit ratings. It also means less bond issuance from Ottawa which will "leave plenty of room in the long end for provincial and corporate issuers."
Other distinguishing advantages for Canada noted in the report include the following:

 Years of fiscal outperformance and surpluses in Canada have created
        budgetary room to slash corporate taxes. This result combined with
        important tax reforms have given Canada a growing advantage over
        competing tax jurisdictions.

   Canada has emerged as a growth leader in the developed world, with
        the IMF the latest forecaster to see the country leading the G7 in
        terms of average real GDP growth during 2010-11. While Canada's
        growth rate is only modestly above that of the U.S., its indicators
        of domestic economic health, such as employment, are substantially
        brighter.

   Canada has a well-capitalized banking sector with a less dramatic
        adjustment to regulation in store.

   Canadian exporters have limited direct exposure to slow-growing
        Europe and at the same time have had success in increasing exports to
        the faster-growing BRIC region.

   Healthy international and interprovincial migration, particularly in
        western Canada has created less onerous demographic pressures which
        in turn support a faster potential economic growth rate.

But Mr. Lovely also sees some challenges to Canada's continuing outperformance. He notes that three quarters of Canada's exports go south of the border, meaning a "U.S. slowdown will leave its mark on Canada."
"Canadian and U.S. real GDP growth has never been more tightly correlated than during the past five years. So the end of an American inventory rebuilding process will sap demand for Canadian wares," adds Mr. Lovely.
Other risks to Canada's economic prospects include the impact of a continuing strong Canadian dollar on manufacturing, an overheated housing market and highly indebted household sector.
"Notwithstanding these challenges, Canadian governments are courting international investors from a position of strength, hardly beholden to foreign capital, but happy to take full advantage of a healthy appetite for Canadian fixed income product," says Mr. Lovely. "The message is getting through, and there's every reason to believe that today's strong foreign investor interest in Canada will have staying power."
The complete CIBC World Markets report is available at: http://research.cibcwm.com/economic_public/download/gps_jul10.pdf

CIBC World Markets Inc. is the corporate and investment banking arm of CIBC. To deliver on our mandate as a premier client-focused and Canadian-based wholesale bank, we provide a wide range of credit, capital markets, investment banking, merchant banking and research products and services to government, institutional, corporate and retail clients in Canada and in key markets around the world.
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