Bio-Economy Of Canada Needs New Immigrants And New Immigrant Students

The bio-economy is also known as a biobased economy and it is used to refer to any economic activity that makes use of biotechnology and biomass when it comes to producing services, energy, or goods. It is a part of the general economy. There are many countries that have a strong bio-economy and Canada is one of these. However, because of the pandemic, the economy of the country, including its bio-economy suffered. Even immigration had to be put to a halt for everyone’s safety. It did seem like nothing was spared.

 

It is a good thing that the government has worked with experts to ensure that the pandemic does not wreak too much havoc in the country. With health protocols in place, the country is now slowly working its way back to the levels that it enjoyed before everything became chaotic. Despite this, Canada still needs new immigrants and new immigrant students to help out, especially with its bio-economy.

 

The analysis on the bio-economy in Canada

 

An analysis was done by the government on the bio-economy of Canada. According to the results, to boost this, Canada would need around 65,000 more new workers to help out by the decade’s end. One of the major sources of labor in the country is immigration and that is why it is highly suggested that the government brings in all of the needed workers that could help out the bio-economy.

 

Aside from this, the analysis had also shown that more and more companies helping out the bio-economy in Canada would have a harder time getting the needed workers and professionals. This is because as each day passes, the labor market has become even more competitive in the country. Resorting to bringing in the needed immigrant workers could be a really big help for these companies. Many companies have been reliant on immigrants because this group of people are more flexible in terms of jobs and are also quite reliable.

 

Integrating immigrant students

 

Another great source of people in the labor market in Canada would be through bringing in immigrant students who have chosen to study in the country. These individuals can be a good addition to the labor market after completing their chosen programs. Of course, that would depend on the experience of the immigrant students and what program they have completed. These immigrant students can be tapped and integrated to help out with the bio-economy.

 

It is a good thing that the Canadian government is always on its feet when it comes to situations like this. It is highly likely that it would be creating pathways to be able to meet the demands of the labor market. This is going to be good news for many potential immigrants who can contribute to the bio-economy of the country.

 

 

 

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