Loading...
Market
What will be the change in the number of low-wage temporary foreign workers in Canada by end of 2024?
2
Resolution / Starting Odds
Decrease by more than 50% • 25%
Decrease by less than 50% • 25%
No significant change • 25%
Increase • 25%
Canadian government labor statistics and reports
Story
Canada to Halve Low-Wage Temporary Foreign Workers, Limit Stay to 1 Year
Aug 26, 2024, 02:28 PM
The Canadian government, led by Prime Minister Justin Trudeau, has announced plans to significantly reduce the number of low-wage temporary foreign workers allowed into the country. This decision comes amid concerns over the program's rapid expansion and allegations of fraud and abuse. The government intends to cut the low-wage stream of temporary foreign workers in half, reducing their maximum share of the workforce from 20% to 10% and limiting their stay from two years to one year. Trudeau emphasized the need for Canadian businesses to invest more in local workers and youth, citing changes in the labor market. While the new rules will impose stricter regulations, essential sectors such as healthcare will be exempt from these changes.
View original story
Similar markets
Less than 5% • 25%
5% to 6% • 25%
6.1% to 7% • 25%
More than 7% • 25%
Housing • 25%
Labor Market • 25%
Healthcare • 25%
Education • 25%
Increase by more than 5% • 25%
Increase by 0-5% • 25%
Decrease by 0-5% • 25%
Decrease by more than 5% • 25%
Less than 500,000 • 25%
500,000 to 600,000 • 25%
600,001 to 700,000 • 25%
More than 700,000 • 25%
Stricter immigration controls • 25%
No change • 25%
More lenient controls • 25%
Other policy changes • 25%
Below 5% • 25%
5% to 6% • 25%
6% to 7% • 25%
Above 7% • 25%
Increase by more than 5% • 25%
Increase by 0-5% • 25%
Decrease by 0-5% • 25%
Decrease by more than 5% • 25%
Policy becomes stricter • 25%
Policy becomes more lenient • 25%
No significant change • 25%
Other changes • 25%