New Brunswick’s labor market is reflecting the national trend seen in Canada that’s on course to economic recovery post the COVID-19 pandemic. The unemployment rate is decreasing and the number of full-time jobs is increasing. This is the right time to learn how to migrate to Canada and settle in New Brunswick.
These days, job opportunities for skilled foreigners are on a rise in the province. Hence, the number of Canada PR visa holders in New Brunswick is increasing too.
The economic migration programs of Canada are contributing largely to the steadily improving population of new immigrants in the province. The province has been consistently adding jobs too.
In November 2021 itself, when 32,000 jobs were created by Canada, New Brunswick created 1,300 of them. This was revealed by the report of Statistics Canada. The unemployment rate came down to 8.5% from 9.1%.
A GDP growth of 3.6% by the end of 2021 is predicted by eminent economists. In 2022 the same is expected to be 2.6%.
New Brunswick has taken measures to improve its hiring status. One such move is joining other provinces in announcing a system of vaccine passports for non-essential services. The revival in hiring in New Brunswick is expected to work out well when such measures are combined with an increased vaccination rate.
Also, in September 2020, Arlene Dunn was appointed as the provincial minister for immigration in the province. This was to improve immigration to New Brunswick.
Keeping in view the need for more foreign workers to fill job vacancies in the province, it will be urging the federal government to increase the annual allowable limit of immigrants of the province to at least 10,000.
Canada immigration through business in New Brunswick
You can apply for a Canada PR visa and settle in New Brunswick as an entrepreneur if you meet the following criteria:
- You are 22 to 55 years of age.
- You have a connection in the province deemed eligible.
- You have at least a 2-year post-secondary diploma or degree.
- You have English/French language proficiency of CLB level 5 or more in all language skills.
- You must be ready to make an investment of at least $250,000 of your minimum net worth of $600,000 in a business in New Brunswick.
- You must have at least 33% ownership of the business.
- You must draw a Business Performance Agreement with New Brunswick along with paying a deposit of $100,000.
Canada immigration through Atlantic Immigration Pilot
If you are a skilled worker with experience in professional, management, or skilled/technical jobs, who has a job offer to work for at least a year, you can immigrate via Atlantic High-Skilled Program.
If you have an offer for a permanent job that needs a high school education and/or training for a specific job, can apply for immigration via Atlantic Intermediate-Skilled Program.
If you have a diploma, degree, or another credential from an institution that’s publicly funded you can immigrate to Canada through Atlantic International Graduate Program. You must have a job offer from New Brunswick that is valid for at least a year. Work experience isn’t mandatory under this pilot.
You will need a provincial endorsement for each job offer made in the province. The employer in the province handles the application for the endorsement. But before that, you must have a settlement plan for the province.
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