In a significant update for employers seeking to hire foreign talent, Canada has set new wage thresholds for its Labour Market Impact Assessment (LMIA) program effective November 8, 2024.Canada’s Temporary Foreign Worker Program allows employers to hire foreign workers in areas where qualified Canadians are unavailable.
However, employers must undergo a Labour Market Impact Assessment (LMIA) to assess the impact of hiring a temporary foreign worker (TFW) on Canada’s job market.
This LMIA process includes two main streams:
1) High-Wage Stream: For jobs offering wages at or above the provincial or territorial threshold.
2) Low-Wage Stream: For jobs offering wages below the provincial or territorial threshold.
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Rizwan Ul Haque's video: Canada LMIA Work Permit Wage Rate Increased Canada Updates 2024-2025
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