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April 19, 2022   Enterprise, Entrepreneurs, Start-ups, Small Businesses, FinTech and Alternative Finance, Fintech Services, Innovation and Resources, Stories   No comments

Resources for Recruiting International Top Talent

Mentor Works | Myra | Apr 18, 2022

resources for hiring international talent - Resources for Recruiting International Top Talent

Many Canadian businesses seek out foreign workers to help fill labour needs after exhausting the domestic candidate pool and when there are no Canadian citizens or permanent residents available to fill positions. These individuals can arrive in Canada through a range of positions such as a temporary worker, intern, permanent worker, or an international student.

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While businesses are in the process of actively seeking foreign employees, it is imperative that all the correct steps are taken to find and successfully bring an individual to Canada for employment. This article provides information on some of the most-used programs the Government of Canada offers to help employers in the hiring process.

Express Entry

Employers in Canada can hire Express Entry contenders to meet labour needs if they are not able to be fulfilled by Canadians or permanent residents. This program allows employers to have direct involvement in hiring pre-screened skilled foreign workers to meet the desired needs of their business.  There are three federal economic programs managed by Express Entry:

  • Canadian Experience Class: The Canadian Experience Class is for skilled workers who have Canadian work experience and who desire to become permanent residents.
  • Federal Skilled Worker: The Federal Skilled Worker Program is for skilled workers with foreign work experience who wish to immigrate to Canada permanently.
  • Federal Skilled Trades Program: The Federal Skilled Trades Program is for skilled workers who want to become permanent residents based on their qualifications in a skilled trade.

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Provincial Nominee Programs

Many provinces and territories have nominee programs where the government nominates individuals who are seeking to immigrate to Canada for work and reside in the nominating province or territory. Some programs have the intention to attract foreign investors and entrepreneurs from around the world, while others help to fill labour gaps that businesses may be facing.

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NCFA Jan 2018 resize - Resources for Recruiting International Top TalentThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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