The program allows high growth Canadian companies to bring in
highly skilled foreign workers within two weeks, whereas the traditional immigration system took several months.
BC's provincial government has made a concerted effort to make it easy for U.S. tech companies to open offices in Canada, providing financial incentives and working with the federal government to expedite visas
for skilled foreign workers.
Program hailed as «game - changer» by innovation community, expediting the time it takes to attract and process highly -
skilled foreign workers from abroad
The Trump administration has also taken steps to make it harder for American companies to
hire skilled foreign workers through the H - 1B visa program.
The Global Talent Stream is now available to employers in the province of Quebec, allowing them to hire
certain skilled foreign workers quickly with a two - week processing time standard for applications.
During the 18th century the British had been extremely successful in attracting a steady flow
of skilled foreign workers and they wanted to keep these skills within the British Isles.
In June the Canadian government implemented a package of immigration reforms, known as the Global Skills Strategy, aimed at fast - tracking visas
for skilled foreign workers — some can get processed in as little as two weeks — and providing a concierge service that will walk companies through the process of opening an office on Canadian soil.
The Trump administration's rigid stance on immigration policy — in particular its tightening of restrictions around H - 1B visas for
skilled foreign workers — has created a unique opportunity for countries to lure away top technology talent that would otherwise seek employment in Silicon Valley or elsewhere in the U.S..
The H - 1B visa program — which enables U.S. companies to hire high -
skilled foreign workers — has become a political lightning rod but remains essential for American companies to hire the technical talent they need to compete on a global scale, said GoDaddy CEO Blake Irving.
What's more, two regulatory changes are approaching that would reverse measures made by Obama to ease the application process for high -
skilled foreign workers.
What fraying ties remain will soon be tested by the rollout of Trump's new restrictions on visas for
skilled foreign workers.
One explanation for the Trump effect on FANG stocks is that the President - elect opposes policies and principles that those companies favor, from unbreakable encryption to net neutrality to immigration reform that would help Silicon Valley hire more high -
skilled foreign workers.
With planning, many high -
skilled foreign workers are able to extend their permits or transition to permanent resident status in Canada.
In 2011 - 2012, Quebec received 7,179 immigration applications from investors, 275 from entrepreneurs and self - employed, and 53,890 from
skilled foreign workers.