Canada announced new Temporary Foreign Worker (TFW) LMIA based Program.

When Canadians and permanent residents are unable to fill employment openings, an unusual measure known as the Temporary Foreign Worker (TFW) LMIA-based Program may be implemented.
In light of the existing labor market conditions in Canada, the Minister of Employment & Workforce has announced modifications to the LMIA TFW program, which will take effect on September 26, 2024, with the aim of further decreasing the program's dependence on Canadian employers.

In particular:

1. The Low-wage Stream's 10% employer cap on temporary foreign workers will be in effect. Canada.
2. Employers looking to fill labor shortages in the food processing, construction, and healthcare industries will be exempt from this rule and may maintain a maximum of 20%.
3. The maximum work term for any Labour Market Impact Assessments (LMIAs) that are granted for Low-wage Stream occupations is one year.
In the event that the unemployment rate in any Census Metropolitan Area (CMA) is greater than 6%, the Refusal to Process (RTP) policy will come into effect.
5. Employers looking to fill labor shortages in the food processing, construction, and healthcare industries will be exempt.

Four times a year, following the publication of each financial quarter's first Labour Force Survey, the CMA unemployment rate data will be updated. On the same day that the data is released, the list will be updated.

Employers in Canada have an obligation to make investments in the whole pool of workers in the nation, including youth, immigrants, and people with disabilities, who are far too frequently underutilized as a source of economic opportunity.

To make sure that the people they currently employ are able to adjust to the economy of the future, companies must also invest in retraining or upskilling.In order to guarantee that only firms with substantiated labor market needs have access to the Program, the Government of Canada will keep an eye on the state of the labour market and implement additional program modifications as needed in the upcoming months.

Further evaluation of the Program will be conducted within the next ninety days. The outcome may include modifications to the High-Wage Stream, to LMIA applications that are now pending and have not yet been filled, to sectoral exceptions, or to the denial of processing of more LMIA applications, including those pertaining to rural areas.