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Is 2021 a good time to go to Canada with PR?

Moving to Canada in 2021

Moving to Canada in 2021

Without beating about the bush, the Short answer is NO.

To understand the vehemence in the above answer, let’s bear in mind that the Canadian economy is a little too intricately dependent on international students and immigrant inflow. While the prospects of a good quality of life and high purchasing power per capita indicate promise, the Canadian job market has been reeling under pressure since some time now.

Covid has aggravated the Unemployment Rate in Canada

The pandemic has aggravated the already harsh situation. The economy is not cushioned by availability of colossal natural resource availability or manufacturing industry presence. The service sector, although sizable, is far from being comparable to its southern neighbor and can’t hope to offer the cost benefit that manpower-strong forces in the south of Asia can offer.

Covid has pushed Canada’s unemployment rate to 9%, which is the highest it has been in recent years. Unemployment benefits offered by the government in line with other populist policies have taken away inspiration from an all-out effort to secure livelihood. Add to this above complex a steady inflow of student migrants who will soon be scouring the market, picking up entry-level jobs, desperate to pay off student loans. To top it all, thousands of FSW-outland applicants who are highly skilled and experienced by their home countries standards, flying to Canada perhaps for a soft landing due to quickly expiring COPRs, all spending dedicated effort to grab the best white-collar job they can manage.

Also Read – How to detect a Fake Job Offer Letter from Canada

Skilled labour in Canada far exceeds the Supply available

Not only is this a recipe for disaster as far as the job market is concerned, it is a matter of simple demand supply dynamics at play where the availability of skilled labor far exceeds the present and projected short term demand. So, while it is understandable that Covid has set your immigration plans back by a couple of years, it is wise to evaluate the bigger picture. Hang on to the current job you loathe, spend the next few months upskilling yourself with competencies that are in demand in Canada. Rather than figuring it out once you land, explore employment options on platforms like LinkedIn or Indeed and make a directed effort accordingly. While a few months delay will not snatch your Canadian dream, months without income in Canada (sustenance where is by no means cheap) will definitely butcher a lifetime worth of savings. Be patient, because timing your entry will be key to shortening your struggle post landing. Summer 2022, when Covid will hopefully have subsided and the economy is expected to tread back on track will be my personal recommendation!


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