The province of New Brunswick will need to increase 7,500 newcomers a year if the province is to overcome the population and labour market shortage “crisis” it is currently facing, says new report.
The report is produced by the New Brunswick Multicultural Council (NBMC) warning that the province is on track to lose 110,200 workers by 2026 due to population aging and people permanently leaving the workforce. Hence, the province needs more workers to sustain the labour requirement for New Brunswick Nomination Program.
In this same period, only 76,000 students are expected to graduate from New Brunswick high schools, thus leaving thousands of workers still in shortage over the next decade if nothing is done, the report says.
The labour shortfall is already slowing the province’s economy and has forced some employers to relocate to other parts of Canada or the United States.
Additionally, without labour market force and sustained population, the NBMC says New Brunswick will face a tax revenue shortfall that could hamper the public services like healthcare when the province’s aging population needs them the most.
The report is produced by the New Brunswick Multicultural Council (NBMC) warning that the province is on track to lose 110,200 workers by 2026 due to population aging and people permanently leaving the workforce. Hence, the province needs more workers to sustain the labour requirement for New Brunswick Nomination Program.
In this same period, only 76,000 students are expected to graduate from New Brunswick high schools, thus leaving thousands of workers still in shortage over the next decade if nothing is done, the report says.
The labour shortfall is already slowing the province’s economy and has forced some employers to relocate to other parts of Canada or the United States.
Additionally, without labour market force and sustained population, the NBMC says New Brunswick will face a tax revenue shortfall that could hamper the public services like healthcare when the province’s aging population needs them the most.
To oppose this trend, NBMC says Canada’s Federal Government needs to work with the province to increase New Brunswick’s population by one percent annually through immigration. With this increase, the population would double the current annual immigration rate to the province. The NBMC requests approximately 7,500 newcomers per year to balance the immigration level.
“One per cent is a responsible number given the context of Canada and the fact that, nationally, we welcome roughly one per cent of our population through immigration [each year],” Alex Leblanc, Executive Director of the NBMC, told CIC News. “And it’s responsible given the unprecedented urgent demographic and labour market challenges that we face in New Brunswick.”
The director further said that idea of retaining population of New Brunswick by holding youth and getting people born in the province to move back is “simply not enough.” There is a need of skilled and qualified workers in the province who can actually contribute towards the growing economy of the province.
The immigration was responsible for the only labor market growth in New Brunswick between 2013 and 2017. The province surely needs to adopt an ambitious immigration objective that will meet the province economic needs so that more and more people migrate to New Brunswick through New Brunswick Immigration Nominee Program. Source Link is https://bit.ly/2DiOwTt
“One per cent is a responsible number given the context of Canada and the fact that, nationally, we welcome roughly one per cent of our population through immigration [each year],” Alex Leblanc, Executive Director of the NBMC, told CIC News. “And it’s responsible given the unprecedented urgent demographic and labour market challenges that we face in New Brunswick.”
The director further said that idea of retaining population of New Brunswick by holding youth and getting people born in the province to move back is “simply not enough.” There is a need of skilled and qualified workers in the province who can actually contribute towards the growing economy of the province.
The immigration was responsible for the only labor market growth in New Brunswick between 2013 and 2017. The province surely needs to adopt an ambitious immigration objective that will meet the province economic needs so that more and more people migrate to New Brunswick through New Brunswick Immigration Nominee Program. Source Link is https://bit.ly/2DiOwTt
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