TORONTO: ThinkData Works Inc., a big-data processing firm, just hired a software engineer from Brazil through Canada’s new fast-track visa program for high-skilled workers.
“The process was bang on,” Bryan Smith, chief executive officer of the Toronto-based company, said. It took less than the government’s target of 10 business days to process the recruit’s application. Previously it could take several months. “If the government says two weeks and it actually is, that will create a whole new process around it.
As President Donald Trump moves to crack down on the immigration of high-tech workers to the U.S., Prime Minister Justin Trudeau’s new Global Skills Strategy is taking off. The Brazilian joins 2,000 other workers who entered Canada under the program from its start on June 12 to Sept. 30, according to government data.
“It’s more successful than we predicted,” Canada’s Immigration Minister Ahmed Hussen said in a phone interview. “This program came from the business community. They identified a challenge and said you need to fix it.”
Those who are fast-tracked can apply to stay as long as three years and also for permanent residency. Computer programmers, systems analysts, and software engineers, are the top three categories of workers to benefit so far. The bulk come from India — the same country that makes up the majority of U.S. H-1B visas issued — followed by China and France.
Word is spreading throughout Canada’s tech community.
Biotech company Cyclica Inc. is preparing to use the system for the first time to recruit an American.
“He is a highly skilled and seasoned executive with a Ph.D. in computational chemistry, a prime candidate,” said Naheed Kurji, the CEO of the Toronto-based company.
As a candidate, Trump railed against the H-1B program. There are several regulatory and legislative efforts underway in the U.S. to reduce abuse in the program and the number of applications being challenged has jumped. Applications to the annual lottery for visas dropped this year for the first time in five years, reflecting concerns about a more restrictive approach, though applications still far exceed the 85,000 visas available through the lottery.
To those who have watched Canada hemorrhage talent to the U.S. over the years, the tables may be turning.
“We’ve seen a spike in talent coming from south to north for our companies,” says Yung Wu, CEO at tech incubator MaRS Discovery District. “They are reporting 30 to 40 percent of their applicants coming from down south.”
Canada’s fast-track visa program is just one part of Trudeau’s drive to boost innovation. The government is also pouring hundreds of millions of dollars into venture capital and support for artificial intelligence, joining private money investing in the country’s tech hubs in Waterloo and Toronto, Ontario, Vancouver and Montreal.
Two thousand people may be a small sliver when compared with the 320,000 newcomers Canada welcomed last year.
“It sounds like a drop in the bucket,” says Daniel Mandelbaum of immigration firm Mamann Sandaluk & Kingwell LLP. “The idea is this is two thousand of the best and brightest.”
(This story has not been edited and is published from a Bloomberg).