After successfully conducting the first round of draws targeting healthcare workers, IRCC is now gearing up for the next round, focusing on STEM professions.
Addressing the Skills Gap: Statistics Canada's Report Highlights the Need for STEM Professionals
According to a report by Statistics Canada, there is a significant skills gap in Canada's STEM labor force. This gap is attributed to factors such as retirements and the rapid advancement of technology in various industries. The report reveals that by the end of 2022 Q4, the Professional, Scientific, and Technical services category alone had 56,915 job vacancies in the country.
Investment in Infrastructure and Clean Energy: Driving Demand for STEM Workers
The 2023 Federal Budget has allocated $20 billion for major clean electricity and growth infrastructure projects. This investment is expected to create a surge in demand for skilled workers in the STEM sector, as these projects require specialized expertise. Additionally, Canada's growing AI sector has also contributed to the increased demand for tech workers, positioning the country as a global leader in AI innovation and investment.
Competitive Salaries and Remuneration: Attractiveness of STEM Occupations
STEM occupations offer competitive salaries compared to other sectors. In 2021, the average compensation in the STEM sector was $90,252, well above the national average of $69,311. Furthermore, the average wage in the STEM sector at the end of 2022 Q4 was $35.80 per hour, more than double that of sectors like accommodation and food services.
Eligibility Criteria for the STEM Occupations Category
To be eligible for the category-based selection draws targeting STEM professionals, candidates must meet the following requirements:
Selection Process for Category-Based Rounds of Invitation
IRCC will send invitations to eligible candidates to apply for permanent residence based on the specific category. The selection criteria for category-based draws include work experience in a specific category of the National Occupational Classification (NOC), language ability in English or French, and education.
Consideration of Comprehensive Ranking System (CRS) Scores
CRS scores remain crucial in category-based draws. Candidates in the Express Entry pool are ranked using the CRS, which takes into account various factors such as age, education, language skills, and work experience. IRCC will invite candidates with top-ranking scores who are also eligible for the category-based draw.
Enhancing Immigration Opportunities for STEM Professionals
The introduction of category-based selection draws for Express Entry candidates demonstrates IRCC's commitment to addressing labor shortages in key sectors strategically. By prioritizing STEM occupations, Canada aims to bridge the skills gap, attract skilled professionals, and drive economic growth. These draws offer exciting opportunities for individuals with STEM expertise to contribute to Canada's thriving industries and secure permanent residency.