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![PGWP holders are becoming more prevalent in the Canadian labour force.](https://fortunetelleroracle.com/upload/media/posts/2022-01/25/pgwp-holders-are-becoming-more-prevalent-in-the-canadian-labour-force_1643106934-b.jpg)
PGWP holders are becoming more prevalent in the Canadian labour force.
According to a report by Statistics Canada, overseas students have become a more important source of labour in the Canadian economy during the last decade.
According to a recent Statistics Canada research, the large growth in the number of international students coming in Canada in recent years has resulted in greater involvement in the PGWPP.
Over the past decade, the number of Canadians obtaining study permits for the first time has steadily increased, rising from roughly 50,000 in the mid-2000s to 250,000 this year.
Following this trend, an increasing number of overseas students have enrolled in the Post-Graduation Work Permit Program (PGWPP) and received a work permit after graduation.
The PGWPP is a temporary worker programme that allows overseas students who have completed post-secondary education in Canada to apply for an open work permit to stay and work in the country. Candidates must have completed an eight-month programme of study at an eligible Canadian institution to be considered for the programme.
The permission is then granted for up to three years, depending on the length of the finished study programme.
The post-graduation work visa, as an open work permit, permits overseas graduates to work in any occupation and change employers at any time.
According to the report, the yearly number of new Post-Graduation Work Permit (PGWP) applications increased from 2008 to 2018.
This growth was seen in both men and women during the same time period, however males accounted for a greater share of PGWP holders.
Since 2008, China and India have accounted for 51% of all PGWP holders, but by 2018, these two source nations had accounted for 66 percent of all issued PGWPs. Furthermore, the percentage of foreign students from India increased by more than fourfold, from 10% in 2008 to 46% in 2018. China, on the other hand, showed the opposite pattern, dropping from 41% to 20% in the same time period.
In 2008, 44 percent of international students chose Ontario as a career destination, and that percentage has subsequently climbed to 56 percent in 2018. Between 2008 and 2018, the percentage of people planning to visit British Columbia and Quebec, the other two most popular locations, has fallen.
In terms of PGWP holders' labour market engagement, the study finds that in 2008, 10,300 PGWP holders filed positive T4 tax returns. By 2018, it had risen to 135,100. According to the research, median wages of PGWP holders with job income climbed from $14,500 (in 2018 USD) in 2008 to $26,800 in 2018, showing increasing labour market input.
According to the research, approximately three-quarters of all PGWP holders transitioned to permanent residency within five years of obtaining their PGWP. PGWP holders had the greatest transition rates for college and master's level programmes, notably among the more recent cohorts.
The report finds that these data underline the PGWPP's relevance to both international students and the Canadian economy.
"On the one hand, the PGWPP enables international students who have graduated from a recognised Canadian post-secondary school to work in Canada and gain work experience that may be used to qualify for a range of permanent residence streams."
The PGWPP fills the gap between a Canadian education and on-the-job experience in Canada, enhancing the chances of permanent residency in Canada through the federal Express Entry system. Express Entry candidates with a Canadian degree and work experience score well on the Comprehensive Ranking System (CRS), enhancing their chances of acquiring permanent resident status. Other initiatives, such as the Provincial Youth Program, are also available. Other immigration streams that favour applicants with a Canadian degree and work experience include the Provincial Nominee Program (PNP) and the Quebec Experience Program (PEQ), both of which are for people who have studied in Quebec.
According to the report, the PGWPP "enhances the pool of eligible candidates for future immigration and contributes to making Canada a more appealing study destination by facilitating foreign students' participation to the Canadian labour market."
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