Thursday, May 28, 2020

IMMIGRANTS ARE KEY TO CANADA’S RECOVERY POST COVID-19

Immigrants Are To Canadas Recovery

After the departure of Coronavirus or COVID-19, the immigrants already in Canada will be most important for the recovery procedures. Canada’s economic recovery, unlike many other countries, is dependent on immigration policies. Secondly, how these policies shall shape up for the future. A strategy is always dependent on the current course of events. Hence, COVID-19 is a virus that has highly affected these strategies to a great extent. As the IMF predicts the economy will come into a contraction of 3%. Statistically, this is the worst economic downturn since the great depression.

Although, Canada is huge area-wise with at least 10 provinces and territories. But, they shall have to overlook their policies for a positive change in the future. More reliance shall be imposed on taxation by the Govt. A necessity for the accumulation of funds in overcoming the recovery challenges. Hence, it is very necessary that the Canadian Govt. makes the best utilization of the manpower resources available in Canada.

A bit of a thought process and pondering regards to the education sector the number of international students coming to Canada. This reform thinking procedure is a necessity to initiate recovery change in the Canadian economy.

Travel restrictions were imposed in Canada and days before the imposing of restrictions was an announcement regarding the immigrants. Surprisingly, the Canadian Govt. announced 1 million immigrants into Canada from 2020-2022. Hence, it is for the good prospects of the Canadian economy especially Post COVID-19. However, since then things have changed slightly due to the emergence of pandemic COVID-19.

Courtesy: MBE Blog

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