Posted on November 24 2022
In 2022, Canada saw a massive number of immigrants being issued the Canada PR or permanent residency. The country sent 274,980 ITAs or Invitations to Apply by July 2022. A Canadian non-profit organization, Century Initiative, expects the country to double its population by 2100. The organization expects Canada to have 100 million by the end of this century.
The reports by IRCC or Immigration, Refugees, and Citizenship Canada has published that Canada has sent 274,980 ITAs to newcomers. Canada hopes to welcome 471,394 immigrants through permanent residency in Canada in 2022. The figure has increased by around 16.1% to 406,025 immigrants granted permanent residency in Canada in 2021.
The details of the Immigration Levels Plans of 2023-2025 are given in the table below:
The reports of the Labor Force Survey 2022 were recently published. The report shows the scenario of job vacancies in Canada and the trend of the job market in Canada in September 2022.
The unemployment rate decreased to 5.2% in September of 2022. It went down by 0.2% from the figures of August 2022. The employment rate of individuals suitable for the workforce in Canada in September 2022 was 84.2%.
Finance Officers maintain sets of finance books, keep account records, assess the procedures for financial transaction records, and provide bookkeeping services. They are employed in the private as well as public sectors. They can choose to be self-employed.
This group performs some or all of the following duties:
These are the job titles for Finance Officers in Canada:
The average annual income of Finance Officers in Canada is 66,195 CAD. The highest annual income is 126,750 CAD, and the lowest annual income is 52,385 CAD. The incomes in the various provinces and territories of Canada are given in the table below:
|Income of Finance Officers in Canada|
|Community/Area||Annual Income (in CAD)|
|Newfoundland and Labrador||48,000|
|Prince Edward Island||39,955|
The eligibility criteria for a Finance Officer in Canada are:
There are multiple opportunities for Finance Officers in Canada. The job prospects for Finance Officers in various provinces and territories in Canada are given in the table below:
|Newfoundland and Labrador||Good|
|Prince Edward Island||Good|
There are multiple pathways to migrate to Canada as a Finance manager. The 4 popular pathways are:
The Express Entry system is a popular way to migrate to Canada as a Finance manager. If the candidate meets the eligibility criteria, they can migrate within 6 months. These are the factors on which points in CRS or Comprehensive Ranking System are awarded:
The PNP or Provincial Nominee Program facilitates internationally skilled and semi-skilled professionals to work and live in Canada. The candidates are required to have a valid employment offer in Canada of a minimum of 1 year in any immigration stream. Each province and territory has its own specific labor needs. These are the popular PNPs:
If the candidate meets the eligibility criteria of the province or territory of their interest, they will receive a nomination from the province. A provincial nomination adds 600 extra points and offers better chances of Canada PR or permanent residency.
Since Finance managers are sought-after, candidates are eligible to migrate to Canada under RNIP or the Rural and Northern Immigration Pilot. 11 communities participate in the program.
The candidate needs to have a valid employment offer in any of the participating provinces or territories to be eligible to apply for Canada PR through the RNIP.
The Atlantic Immigration Pilot facilitates Finance Managers to migrate to Canada. Few of the Atlantic Provinces require Finance Managers. The provinces are:
The candidates need to have an employment offer for 1 year in any of the Atlantic Provinces.
These following services are offered by Y-Axis for the high probability of immigration to Canada:
Do you want to work in Canada? Contact Y-Axis, the leading Work Abroad Consultant.
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Canada Job Trends – Finance Officer
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