It is no doubt that the skills required to support the economy of Canada are the same today from 10 years ago or it will not be the same 10 years from now. Due to Technology and innovation, it will continue to reform the marketplace, worldwide businesses that result in the emergence of better-specialized roles. As rapid advancement in the field of robotics, artificial intelligence (AI), and in other technologies, this seems changes in very nature of occupations that we use them, also forming new occupations which will be faster as compared to marketplace that can create the talent to the exact filling of these occupations.
At present, the size of the talent pool of Canada is just simply not large satisfactory for meeting the emerging demands of Canada. As per the recent report by Information and Communications Technology Council, Science and Technology, Engineering and Mathematics (STEM) sectors within Canada will require filling approx. 216,000 technology-based positions as by 2021.
Assessing the talent Shortage through Global Skills Strategy
For addressing the shortages of talent, the Global Skill strategy of Canada gives a predictable and reliable means to Canadian employers to attract global talent to Canada within 2 weeks or less. Particularly, (GTS) Global Talent Stream program, allowing the firms to access foreign workers rapidly within some occupations. There are two divisions in GTS through which the employers can bring foreign talent in Canada which are as follows:
- Category A: Under this Category, only employers who have been regarded as one of GTS’s designated partners are suitable to apply. Designated Partners (DP), in which there are 30 to 40 around the country, are brought into the process to address and suggest whether the company should be referred to a program that depends on their purpose to promote innovation within Canada or whether their plans are supported by the requirements for foreign talent. Employers are needed to reveal that the requested post requires a highly unique one with having specialized talent that is not available in Canada.
- Category B: Under this Category, employers can only hire skilled foreign workers in occupations that are found in the Global Talent Occupation List. The mentioned occupations include traditional roles of STEM, which are regarded to be in-demand with no adequate domestic labor supply.
Aware of challenges facing the GTS program for meeting the desired future skills requirements
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