Growth in immigration numbers is a priority in Canada. There are many pathways available to attract foreigners and ultimately decide to consider Canada as their new potential home to settle in and establish better opportunities for both themselves and their family. A way this vision can be fulfilled is through the Labour Market Impact Assessment (LMIA). Business investors with business experience can be drawn through this program. The LMIA is a sought after path for potential self-employed business investors who don’t necessarily fit into the narrow requirement for self-employment. It is also a path of interest for applicants who may not have the ability to qualify for an entrepreneur start up visa program.
LMIA’s are requested by employers through Employment and Social Development Canada (ESDC). This procedure is usually introduced when an employer in Canada is looking to hire an individual for temporary labor or fill a skill shortage through the Temporary Foreign Worker Program (TFWP). The potential candidates are considered freelancers or self-employed business individuals who have not yet launched their business in Canada.
There are two things that an employer must consider prior to seeking an LMIA:
Before hiring through the TFWP the employer needs to file for a LMIA. Once their application is approved it in return grants them permission to employ any foreign worker that would fit the shortage of skill or labor that they are looking to fill.
Though the onus is on the employer to create opportunities through the LMIA to promote job opportunities for foreigners, it is good to have knowledge on how these opportunities can be identified. LMIA is considered as “filling the gap” and can encourage those qualified to gain foreign experience and knowledge as they strive to establish their business. Assessment applications have been made available to determine if you would be eligible to qualify for such an opportunity. Contact BalCAN Immigration Service to receive further assistance.