Canada is well known for its stable and robust economy, which has witnessed a bounce-back in several sectors following the post-pandemic. A major key factor in Canada’s fast-growing economy is the country’s high immigration target, estimated at 500,000 every year from 2023 to 2025.
This article examines some of the fastest-growing sectors/industries that offer attractive opportunities and the fastest-growing job sectors for newcomers to Canada to settle down and pursue their careers.
1. Healthcare
The need for healthcare workers has grown rapidly as a result of Canada’s aging population, hence increasing the need for healthcare. More than 35% of doctors, 23% of Registered Nurses, and 39% of dentists who work in Canada are newcomers (immigrants). The healthcare sector is one of the fastest-growing job sectors for newcomers to Canada.
Data obtained from February 2023 job vacancy statistics showed that the healthcare sector had the highest number of vacant positions, with over 143,800 across all its sectors.
Healthcare workers can come into Canada through the Express Entry and Provincial Nominee Programmes (PNPs).
2. Agriculture
The agricultural sector happens to be one of the major fastest-growing job sectors for newcomers in Canada. It employs over 243,000 of its citizens and is tending towards the shortage of skilled workers, thus creating over 14,000 vacant positions. Reports from the Royal Bank of Canada envision that by 2033, 40% of Canadian farm operators will retire, creating the need for a continuous inflow of newcomers. With this, the Canadian government intends to admit 30,000 permanent immigrants (newcomers) over the next 10 years to help with greenhouse labor, farm establishments, and farm take-over. This singular act is a response to the country’s short-term skilled shortage.
The IRCC (Immigration, Refugees and Citizenship Canada) recently lifted occupational caps and extended the Agri-Food pilot program to help achieve this goal. Eligible occupations include;
- Retail Butchers
- Farm supervisors
- Food processing labourers
- General farmworkers
- Industrial butcher
- Harvesting laborers.
Aside from the IRCC, PNPs can provide specific Immigration routes for agricultural workers through assigned channels.
3. Clean Energy and Sustainability
Canada maintains an unwavering dedication to environmental stability and a transition towards clean energy sources. Recent government programs such as the Pan-Canadian Framework on Clean Growth and Climate Change have brought about a boom in demand for professionals in renewable energy, energy efficiency, green infrastructure, and sustainable practices, making this sector noted among the fastest-growing sectors for newcomers to Canada. In this dynamic field, newcomers with experiences in engineering, environmental sciences, and sustainable development can find fulfilling opportunities.
Several Canadian provinces, including British Columbia, Alberta, Manitoba, Ontario, and Quebec PNP, periodically select to meet the need for engineers and engineering managers.
4. Technology and Innovation
The technology sector in Canada as one of the fastest growing sectors invests about $20 billion to support research and development, entrepreneurship, and innovation, the country is thus becoming an epicenter/ innovation hub for new technology companies and businesses. This makes it an ideal destination for newcomers with skills and expertise in software development, artificial intelligence, data analytics, cybersecurity, and other fields.
It is also stated that the average worker compensation in the environmentally friendly manufacturing sector as of 2021 was $90,252, significantly more than the average wage for the Canadian economy, which is $69,311, and that many of these careers in the country do not necessarily require a university degree.
The need for information technology staff in Canada has been partially driven by the expansion of the Artificial intelligence (AI) industry. As reported by Invest in Canada, a government website created to bring capital to the country’s information technology sector, there are 1,032 AI and machine learning businesses in Canada. The worldwide AI index ranks Canada fourth for nationwide competitiveness in AI innovation, implementation, and investment.
Government approaches to attract and retain tech talents, like the Global Talent Stream program, further facilitate the acceptance/incorporation of newcomers(immigrants) into the tech industry. Additionally, the PNP offers a route for the tech talents via the Alberta Accelerated Tech pathway, BC (British Columbia) Tech stream, OINP Tech draw, and Saskatchewan Tech talent pathway.
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5. Travel and Tourism
The travel sector in Canada continues to grow, which is great for immigrants. Travel agencies are in great demand due to the continuous annual growth of travelers coming into Canada, thus making it among the fastest-growing sectors for newcomers to Canada. These travel agencies help tourists and travelers make travel and hotel arrangements as well as reservations. As a newcomer, you can gain essential experience in customer service and tourist management by working for a travel agency.
The Canadian travel agency sector has demonstrated its capacity for endurance by withstanding the increasing number of online self-service websites and consultancies that allow customers to book flights online. This boosts the overall feeling of security associated with work in this sector.
6. Banking and Finance
Accounting represents one of the financial services industries predicted to have significant job growth in the years to come. At the moment, 15,000 immigrants are employed in upper management positions in this industry nationwide. For instance, British Columbia (BC) newcomers represent almost 40% of the province’s accounting professionals. The banking industry is one of Canada’s biggest and most varied employers, and it is little wonder it falls amongst the fastest-growing sectors for newcomers to explore.
7. Transportation
The truck transportation industry in Canada is dominated by immigrants and refugees, who make up 56% of the total number of employed workers, making it one of the fastest-growing job sectors for newcomers to Canada.
This is a subsection of the economy experiencing strong demand for labor across the nation, with South Asian immigrants and refugees making up the biggest percentage of the population in this field. To find employment and succeed in this industry, newcomers must obtain specialized driver and safety training. Once this training is completed, achieving career success in this field is simple.
Conclusion
Is relocating to Canada on your radar? Fortunately for you, opportunities for newcomers have multiplied as there are the fastest-growing sectors for newcomers in Canada. Regardless of your interest, be it in agriculture, health, technology, or what have you, Canada has something to offer everyone. It has proven many opportunities for immigrants to establish careers and contribute to the country’s economic growth.
