How Canada's LMIA Exemption Benefits Foreign Workers?

 

Canada's New LMIA-Exempt Work Permit for Select Tech Companies

In September 2024, Immigration, Refugees and Citizenship Canada (IRCC) introduced a new LMIA-exempt work permit under the Innovation Stream of the International Mobility Program (IMP). This new permit aims to attract skilled talent to help Canada grow as a global tech leader by simplifying the hiring process for select tech companies

.

Eligibility Criteria

To qualify for this new work permit, applicants must:

• Have a job offer from an employer participating in the Global Hypergrowth Project (GHP)
• Have a job offer in a high-skilled occupation (NOC TEER 0, 1, 2, or 3)
• Possess the necessary education and experience for the occupation

The stream is open to eligible applicants both inside and outside of Canada. Faster processing times are available for occupations under NOC TEER 0 or 1.

Participating Employers

The government has identified the following employers as aligning with their "industrial innovation goals" and participating in the Global Hypergrowth Project:

Company	Headquarters
Vive Crop Protection	Mississauga

Benefits of LMIA-Exempt Work Permits

The most significant benefit of an LMIA-exempt work permit is that it simplifies the process for both the employer and the foreign worker:

• The employer does not need to obtain a Labor Market Impact Assessment (LMIA), which is normally required to hire a foreign worker. An LMIA assesses the impact on the Canadian labor market.
• The foreign worker can usually start working in Canada more quickly without the LMIA requirement.

How to Apply

To hire a foreign worker through this LMIA-exempt stream, the Canadian employer must:

1. Submit an offer of employment
2. Pay a $230 CAD employer compliance fee
3. Provide the employee with an offer of employment number

The foreign worker then applies for the work permit either online or at a port of entry (if visa-exempt).This new LMIA-exempt work permit reflects Canada's commitment to fostering innovation and growth in the tech sector by making it easier for select companies to hire top international talent

.

#aigenerated

[1] https://youtu.be/nHxDWDsFELo

[2] https://www.cicnews.com/2024/09/ircc-introduces-new-lmia-exempt-work-permit-for-select-tech-companies-in-canada-0946486.html

[3] https://www.immilawglobal.com/canada-work-permit/lmia-exempt/

[4] https://www.youtube.com/watch?v=BljCaMa7nAA

[5] https://www.chitraassociates.com/post/lmia-exempt-work-permits-of-canada-an-in-depth-overview

[6] https://www.canadim.com/work/lmia/exemptions/