On April 15, 2024, Immigration, Refugees, and Citizenship Canada (IRCC) introduced a new two-year Innovation Stream Pilot through the Global Hypergrowth Project.

‍

What is the Innovation Stream Pilot?

This new program allows certain Canadian companies to hire highly skilled foreign workers on work permits without needing an LMIA (Labour Market Impact Assessment). Jobs in National Occupational Classification (NOC) categories 0, 1, 2, or 3, which are considered high-skilled roles, are eligible.

One notable aspect of this program is that family members of these foreign workers can also apply for an open work permit, enabling them to work for almost any employer in Canada. This initiative reflects Canada's commitment to promoting innovation and integrating global talent into its workforce.

‍

Eligibility Criteria

To apply for a work permit under the Innovation Stream Pilot, foreign nationals, whether in Canada or abroad, must have a job offer from an eligible employer under the Global Hypergrowth Project. The job offer must fall under a TEER 0, 1, 2, or 3 occupation as per the National Occupational Classification and meet specific wage criteria of the region.

Applicants must submit their work permit application through the IRCC Secure Account platform. Immigration officers will assess applicants based on their skills, education, and experience, ensuring alignment with the requirements specified in the National Occupational Classification for the offered occupation.

‍

What is the Global Hypergrowth Project?

The Global Hypergrowth Project (GHP) is a new initiative by the Canadian government aimed at assisting Canadian-based businesses in achieving rapid and sustainable growth. By leveraging resources from government partners, the GHP provides tailored support to participating companies, fostering innovation and competitiveness in the Canadian business landscape.

‍

Understanding Employer-Specific Work Permits

An employer-specific work permit in Canada allows individuals to work based on the terms specified on their permit. This includes details such as the employer's name, duration of employment, and authorized work location. It provides foreign workers with the opportunity to contribute their expertise to Canadian companies while complying with immigration regulations.

‍

In conclusion, the launch of the Innovation Stream Pilot under the Global Hypergrowth Project represents a significant step forward in Canada's efforts to attract and retain top talent from around the world. For both employers and skilled workers, this pilot program offers a unique opportunity to collaborate, innovate, and contribute to Canada's dynamic economy.

‍