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IRCC Introduces New Innovation Stream Pilot

IRCC Introduces New Innovation Stream Pilot

IRCC Introduces New Innovation Stream Pilot

April 17, 2024

Immigration, Refugees, and Citizenship Canada (IRCC) unveiled a new two-year Innovation Stream Pilot on April 15 as part of the Global Hypergrowth Project.

This pilot initiative enables select Canadian companies to hire highly skilled foreign workers on work permits without needing an LMIA (Labour Market Impact Assessment).

The Innovation Stream Pilot targets jobs classified under National Occupational Classification (NOC) categories 0, 1, 2, or 3, considered high-skilled roles.

Moreover, family members of these foreign workers will have the opportunity to obtain an open work permit, which will grant them the flexibility to work for almost any employer in Canada.

The Innovation Stream is slated to run for two years and conclude on March 22, 2026, unless there are revisions.

This development builds on the Canada Tech Strategy announced by the Immigration Minister on June 27, 2023, which aims to attract skilled talent and foster innovative businesses.

Eligibility for Innovation Stream Pilot

To apply for a work permit through the Innovation Stream Pilot, foreign nationals residing inside or outside Canada must secure a job offer from one of the eligible employers under the Global Hypergrowth Project.

Applicants must submit their work permit applications via the IRCC Secure Account.

The job offer must align with a TEER 0, 1, 2, or 3 occupation per the National Occupational Classification.

Offered wages must meet or exceed the median hourly wages designated for the region.

In cases where the position is covered by a bargaining agreement, the offered wage must adhere to the standards outlined in that agreement.

Also, the job offer should specify that the employer will review wages on the first day of work and annually by January 1 to ensure ongoing competitiveness.

Immigration officers will assess applicants to ensure they possess the requisite skills for the job they are applying for, considering the education and experience requirements outlined in the National Occupational Classification for the offered occupation.

The post IRCC Introduces New Innovation Stream Pilot appeared first on CI News | Latest Canada Immigration News.

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