In a quite important development--that allegedly underlines the high value of international special skills--the Ontario, Canada based Sault Ste. Marie Chamber of Commerce has reportedly urged the incumbent Canadian administration to expand the nation’s temporary worker scheme, via forming a special visa that would facilitate high-growth firms/organizations to draw international management talent, without any major difficulties.
As per the Executive director of the Sault Ste. Marie Chamber of Commerce, it is crucial to bring in, from outside, the special skills needed to administer firms/organizations that are developing and expanding almost 10 times swifter than usual.
Reportedly, he is urging for an expansion to the nation’s temporary worker visa plan with a view to make the rapid staffing of overseas managers possible for the firms witnessing exponential expansion and development.
He stated that across Sault Ste. Marie, a city located on the St Mary's River in Ontario, one sees a skills gulf among the local firms, keen to commercialize goods for the international market. Allegedly, there is a pressing need of a special 'scale-up' visa to fruitfully deal with the skills chasm.
'Breaking Barriers: Ontario's Scale-Up Challenge'--a newly issued report issued by Ontario's Chamber of Commerce, reportedly claims that there is a pressing requirement of new visa to aid high-growth firms. The same describes a high-growth firm/group as a business seeing average annualized growth rates in either employment or revenue more than 20% every year, over a three-year time-frame, in case they had 10 or more workers at the starting of the time-frame.
Reportedly, the Sault Ste. Marie Chamber of Commerce concurs with the provincial report even while it proclaims that the scale-up visa is a high priority for aiding firms witnessing speedy and remarkable expansion and growth. Allegedly, it's inside scientific and maths-based organizations where a dearth of skills is highest and most acute.
A scale-up visa would allegedly do away with the requirement for Canadian firms to do labour market impact assessments before hiring skilled executives/managers in special rapid-growth situations. Firms are looking to the immigration arrangement and rules to enable them to use those labour markets that could have the specific talent that they are interested in.
High-growth firms/groups are inclined to develop or grow 10 times swifter than the conventional firms/groups. The talent required to fill skills gaps in Sault Ste. Marie over and over again heads to the US, the Greater Toronto area, etc.
It is also asserted that hiring the right workers is a big difficulty in Sault Ste. Marie. Still, there's wonderful infrastructure in place. There are many plans in the society that are developing and growing that level of charisma for the specific type of talent.