Moving to Canada?
Moving to Canada
At a Glance:
- Canada has a thriving economy and a very low unemployment rate of 6.3%.
- There are big differences from region to region in Canada — Ontario is the most popular destination for expats.
- Canada’s expat job market is extremely competitive.
- The Young Workers Program helps professionals under 35 to gain experience.
For centuries, heading towards Canada has been a popular option for those seeking a new home abroad. Thousands of immigrants, expats and students still move to Canada every year. These days, some simply go there for several months or a couple of years while others settle in Canada in order to start a new life there.
Welcoming newcomers from abroad is a well-established tradition in this country. While historically, emigrants moving to the True North used to be mainly of European origin, most immigrants come from Asian countries nowadays. The local authorities have a broad immigration policy, and there are also specific visa programs for people who move to Canada temporarily.
Canada’s Flourishing Economy
Canada’s continuing economic success makes moving to the world’s second largest country by area an attractive option for many expats-to-be. Relocating here means nothing short of starting a new life in one of the world’s wealthiest nations.
As is to be expected from a “First World” country, the service sector is the most important part of the Canadian economy these days, with three quarters of the workforce employed in this field. But still, primary industries also play a vital role in the Canadian economy. Logging and the oil, gas and minerals industries are of particular importance, and in some cases even among the first images that might pop into mind when thinking about Canada and its workforce. The quintessential Canadian Lumberjack is not mere legend! Self-made expats coming to Canada in order to start a new job will be especially interested in the unemployment rate. Currently, the national unemployment rate is around 6.3%, with the lowest one (5.3%) in the province of British Columbia.
Economic Disparities between Regions
When planning the big step abroad, potential expats moving to Canada should consider the strong regional disparities in economic development. Chances are high that you will live in the south, within 160 km of the US border — around 90% of the population lives in this area. Consequently, most of the industries which offer opportunities for expats moving to Canada are located there, too.
The northern parts of Alberta and Saskatchewan hold a large number of oil and gas fields as well as oil sands, which contribute to the economic success of these regions. They attract investors and workers from all over the world. Other regions, such as the Atlantic Provinces, face more economic difficulties and are less frequently a destination for expats relocating to Canada.
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