Canada Global Talent Stream

How Can Entrepreneurs Leverage Canada’s Global Talent Stream?

Just imagine, a place where talented youth, and exceptionally skilled minds from all around the globe are under one roof- Canada. Imagine the level of productivity and growth the nation and those people would be experiencing.  Sounds fascinating, right?

Well, it sounds more interesting if you have a business in Canada, and are looking for expansion. But for that, you need brilliant minds that will help you grow. 

If we talk about markets, Canada is one of the most flourishing markets in the world. With different people from different countries, traditions, and cultures, gathering in one place. A big market with lots of opportunities, and growth, and a place where you can thrive in your career.

Your dream is about to hit reality, with the Global Talent Stream (GTS) program that was recently launched by the Canadian government. 

Now, you must be wondering, what exactly is this program? And how can it be of any help to you?

Relax, I will give you an overview of what exactly this program is before we dive into this topic deeper. 

The Global Talent Stream program abbreviated as GTS is a part of the Temporary Foreign Worker Visa program. This program is no less than a boon, which was launched by the Canadian government in 2017. 

The Global Talent Stream program is all set to increase the business scenario of Canada. By employing hard-working, highly-skilled professionals from all around the globe, especially in high-demand fields like tech, and engineering. 

So, welcome to the next episode where we will be discussing how the Canadian market can open doors for talented people. And how newcomers can thrive in their careers and lives in Canada. 

Understanding the global talent stream

The first thing that must have struck your mind is what exactly is this program- the Global Talent Stream program? Relax. I am here to tell you every minute of detail. 

The Canadian market is in need of employees- highly skilled employees with exceptionally creative minds. Who can contribute to the growth of the entrepreneurial market of the nation, especially in the technology and IT sectors? 

The GTS program is a part of the very common Temporary Foreign Work Visa program. It is a gateway to people like you to have a place and a job in a diverse country like Canada.

The Global Talent Stream program is further divided into two parts:

Category A

If you own an innovative business that needs unique, talented, highly skilled. Then, you will need to be referred to GTS by some designated referral partner, for instance, a regional development agency.  

Category B

Or if you are an employer who is looking for talented individuals from all corners of the world. In order to fill positions in occupations that are found on the Global Talent Occupations List, jobs include software engineering, data analysis, and information systems management. Then, you belong to category B.

Benefits of Global Talent Stream

Rapid talent recruitment

Let’s say you (entrepreneur) have selected the ones you wish to recruit, but the immigration process still takes a lot of time, sometimes months. That means, your employees will most probably reach Canada after the completion of the project you require them to work on. 

To avoid this time gap, and help the entrepreneurs to have their employees on board, the Canadian government has launched this program- Global Talent Stream. This program not only helps businesses to find talented people but also helps in cutting down the on-board time to just two weeks. 

This is one of the best initiatives taken by the government to help start-ups and businesses that operate in fast-paced industries, in Canada. 

Access to global talent

As the name of the program suggests, this is solely launched to help businesses like yours get access to the talent. The talent your business, and the Canadian economy needs for their growth. 

Doesn’t matter whether your business operates in the field of tech, or some other industries. Whether you are in need of AI specialists, software engineers, or finance guys for your business. This program is all built to provide you with what you need- talent.

With this program, you get access to a global pool of talent, which increases your chances of recruiting the best. 

Support for economic growth

Better, and productive employees promise better growth of the business and further strengthen the economy of any country. It not only allows a country like Canada to compete globally but also improves Canada’s economic growth

The Canadian government with its global talent program aims to cut down the labour shortage, and increase productivity. While also driving innovative ideas into the country. 

How can you leverage the Global Talent Stream Program?

Identify your talent needs

As an entrepreneur, you should know everything about your business, the skill gap, and the potential need. So, identify what you need, and make sure you have a solid understanding of what talent your organization lacks and needs to recruit for. 

If you are planning to recruit some really talented, and potential foreign youth. You would first need to determine the roles and expertise your business needs to grow itself. 

And make sure they align with the occupations that are mentioned in Category A, or Category B.

After all, you can’t make the mistake of recruiting a general developer when you actually need an AI specialist. So, in order to avoid such mistakes you need to have a solid understanding of the talent your business needs.

Secure a Designated Partner Referral (if applicable)

If you are applying under category A, then you definitely need to have a connection with a designated referral partner. The work of a designated referral partner is to assess your business’s potential to grow in the future and your need for international talent.

That is why you will need to build a strong _ of why your business needs international talent. And how GTS can help in improving your business’ growth, and expansion. 

Develop a Labour Market Benefits Plan (LMBP)

LMBP is one of the most essential parts of the GTS application. LMBP showcases how GTS, or hiring international brilliant talent can benefit the Canadian labor market.

Let’s know how it is helpful for Canada and businesses:

  • It helps in the creation of jobs for the Canadian citizens.
  • It helps in transferring knowledge and training initiatives from the talented employees who were recruited via the GTS program to the natives.
  • A perfect investment in skill development.

Submit your application

You will need to work with Employment and Social Development Canada and prepare all the necessary documents, including a detailed job offer. Only after submitting these documents can you submit your GTS application online through the Temporary Foreign Worker Program portal.

Expedite Work Permit Applications

Once your GTS application is approved by the Canadian authorities, you are free to hire international talents. Also, your hires can apply for their work visa, and within two weeks of processing time, they can join your business in Canada.

Conclusion

Better, and productive employees promise better growth of the business and further strengthen the economy of any country.

In this blog, we discuss the minute details that you need to know about this Global Talent Stream Program. Which will in turn help you grow your business in Canada with international help.

Initially, it might look tough, but with guidance, you can easily do so. Don’t worry we got yuh! We will help you from the very start to the end. From Express Entry to PNP, our team of experienced consultants will help you create a perfect plan that will maximize your chances.

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