Canada Introduces LMIA-Exempt Work Permit for Select Tech Companies
Canada’s Immigration, Refugees and Citizenship Canada (IRCC) has introduced a new work permit under the Innovation Stream of the International Mobility Program (IMP). This LMIA-exempt work permit is designed to attract skilled talent to bolster the nation’s growing tech industry. Launched in 2023, the Innovation Stream is a key part of Canada’s Tech Talent Strategy.
Topics Discussed:
- Eligibility for LMIA-Exempt Work Permit Under Innovation Stream
- Participating tech companies under the Global Hypergrowth Project
- Recent changes in LMIA processing and work permits
Eligibility for LMIA-Exempt Work Permit Under Innovation Stream
The LMIA-exempt work permit under the Innovation Stream is available for skilled foreign workers who receive job offers from companies participating in Canada’s Global Hypergrowth Project. Eligible applicants must have positions within high-skilled occupations classified under the National Occupational Classification (NOC) TEER categories 0, 1, 2, or 3.
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Participating Tech Companies
IRCC has selected eight companies for this program, including Ada Support Inc., AlayaCare, and Lightspeed Commerce. These tech leaders are recognized for their innovation and potential to grow the Canadian economy. Successful applicants will benefit from faster processing times if their job falls under NOC TEER categories 0 or 1.
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Recent Changes in LMIA Processing
In contrast to this new opportunity, Canada has imposed restrictions on low-wage LMIAs in certain regions with unemployment rates of 6% or higher. Additionally, temporary COVID-era policies allowing visitors to apply for job-supported work permits from within Canada have been rolled back.
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Conclusion
Canada’s new LMIA-exempt work permit for select tech companies marks a significant step in attracting global talent. While restrictions on LMIAs tighten in certain sectors, this new initiative reflects Canada’s commitment to fostering innovation and supporting the tech industry.
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