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Immigrants in Canada addressing labour shortages and fostering business creation

Immigration has significantly reduced Canada's labour shortages, with a 39.7% fall in unfilled jobs over the past two years. The number of vacant positions dropped from 990,900 in Q2 2022 to 597,725 by March this year. The influx of immigrants counters the effects of an ageing population and low birthrate while contributing to the economy via taxes and spending. Immigrants are a vital part of the workforce in sectors like food services, transportation, and construction, thanks to economic immigration programs and the Express Entry system. One-third of Canadian business owners are immigrants, particularly in software, dental services, and restaurants. The Start-Up Visa program enables foreign nationals to set up businesses in Canada, further stimulating economic growth.

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