FSW WORLDWIDE

[Impatient Dankaroo]

Investment banking professional, PNP does not favor financial analysts. Ontario draws them occasionally, last time November. I am 478 CRS, which will come down to 472 in March.

If you want to do investment banking in Canada, you should def go for a top canadian mba. Without it no chance you will get into IB in Canada. Unless you went to a top 20 business school

 

[Sharlegail]

If you want to do investment banking in Canada, you should def go for a top canadian mba. Without it no chance you will get into IB in Canada. Unless you went to a top 15 business school

My plan is to switch to data analytics path. I am not sure I will be able to land an investment banking job with Russian IB experience. Also top MBA school
costs 150k CAD, 75% of my savings. But, yeah, I have thought about it and I need to build up courage for such a move

 

[Impatient Dankaroo]

My plan is to switch to data analytics path. I am not sure I will be able to land an investment banking job with Russian IB experience. Also top MBA school
costs 150k CAD, 75% of my savings. But, yeah, I have thought about it and I need to build up courage for such a move

Not a bad path, I've seen a few people do it

 

[Sharlegail]

Not a bad path, I've seen a few people do it

I have a brother who has 2 years experience in data analytics Canada and already makes 150k CAD + stock, which tops associate pay in IB and the difference in hours is just crazy

 

[aseemrastogi2]

GOT NEWS FOR YOU FOLKS.
@dankboi @ImpatientKangaroo

https://nationalpost.com/news/politics/canada-pausing-intake-of-highly-skilled-immigrant-workers-amid-heavy-backlog
Canada pausing intake of highly skilled immigrant workers amid heavy backlog
Despite a labour shortage in parts of the country, the federal government is pausing new invitations because it doesn’t have the ability to process them

Canada’s immigration system for high-skilled workers is severely backlogged and even amidst a labour shortage in some parts of the country, the government is pausing new invitations because it doesn’t have the ability to process them.

In a memo obtained by the National Post, immigration officials outline that “an estimated 76,000” are in the inventory for federal high skilled worker applications, which is more than what the government needs to meet targets all the way out to 2023.

The same memo says the express entry pool, which includes skilled workers, skilled trades and people with experience living in Canada, has more than 207,000 people in the pool. Canada’s immigration plan has a variety of different classes including skilled workers, provincial nominees, family reunification and refugees.

With travel bans in place, high-skilled worker applications from overseas have been on pause since September 2021. Last year, the government still managed to hits its record-high immigration targets, but did so mostly by inviting people already in Canada on temporary permits or as students to become permanent residents through a new temporary resident to permanent resident program (TR2PR).

The government’s current immigration plan forecasts bringing in 110,500 skilled workers next year, but the department says in a memo that could have to be cut by as much as half, because the department has so much other work.

“These reductions are due to admissions space required to accommodate the TR2PR stream and the resettlement of Afghan nationals to Canada,” reads the memo.

The Liberals initially pledged to bring 20,000 Afghans to Canada, but during the fall campaign doubled the pledge to 40,000; now 7,000 of them have arrived in Canada.

The department aims for a six-month processing time for federal skilled workers (FSW), but in the memo they warned that could rise dramatically.

“Processing times are currently at 20.4 months (over three times higher than the service standard) and is expected to continue to grow as older inventory is processed. The FSW processing time is expected to rise to 36 months throughout 2022.”

Immigration Minister Sean Fraser was not available for an interview, but Rémi Larivière, a spokeswoman for the department, said the government will still bring in highly skilled workers, because so many are already in the queue.

“The already existing robust inventory of skilled candidates to process means that there won’t be a reduction in 2022 of the number of new skilled permanent residents arriving in Canada to work and settle,” she said in an email. “This pause is temporary; invitations to apply under the FHS streams will resume once the processing inventory is reduced enough to create space for new intake.”

Larivière said the fall fiscal update included measures to help reduce the backlog.

“The Government of Canada has proposed to provide $85 million in 2022-23 so it can process more permanent and temporary resident applications and reduce processing times in key areas affected by the pandemic.”

This mentions about 'travel bans in place' . Am honestly confused as to which travel bans are currently in place

 

[PRANIT01]

Be that as it may, international students at universities are still a key financial boon in Canada. Most of them would not be given the chance to study trades here. I don't think conservatives would eliminate the international student industry even if they favoured trades overall, Canadian universities will usually increase fees for international students whenever there is a shortfall in the budget. They know they can't complain about fee hikes.



In what sense? I'm saying not to account for immigration as a factor, just in terms of studying there and returning to your home country. I think most would prefer the better weather and higher rated top universities. Although Canada does come close to the latter too.

It's not like international students here mingle much with locals either, they usually interact mainly with other international students and usually with people from their own countries. So i don't think the student experience differs much at all.

Even as a new immigrant, you will mainly meet and interact with people who are other immigrants and not really with people who are locals.

Not true at all ,depends on where you live and work, I have only interacted with Americans in my 4.5 years in US becausemy companyhas no Indians other than me I meant my facility, during my student life most of the time I talked to American but you have to also make an effort.I only got 1 Indian friend in the entire US.

 

[IncredibleCanada]

GOT NEWS FOR YOU FOLKS.
@dankboi @ImpatientKangaroo

https://nationalpost.com/news/politics/canada-pausing-intake-of-highly-skilled-immigrant-workers-amid-heavy-backlog
Canada pausing intake of highly skilled immigrant workers amid heavy backlog
Despite a labour shortage in parts of the country, the federal government is pausing new invitations because it doesn’t have the ability to process them

Canada’s immigration system for high-skilled workers is severely backlogged and even amidst a labour shortage in some parts of the country, the government is pausing new invitations because it doesn’t have the ability to process them.

In a memo obtained by the National Post, immigration officials outline that “an estimated 76,000” are in the inventory for federal high skilled worker applications, which is more than what the government needs to meet targets all the way out to 2023.

The same memo says the express entry pool, which includes skilled workers, skilled trades and people with experience living in Canada, has more than 207,000 people in the pool. Canada’s immigration plan has a variety of different classes including skilled workers, provincial nominees, family reunification and refugees.

With travel bans in place, high-skilled worker applications from overseas have been on pause since September 2021. Last year, the government still managed to hits its record-high immigration targets, but did so mostly by inviting people already in Canada on temporary permits or as students to become permanent residents through a new temporary resident to permanent resident program (TR2PR).

The government’s current immigration plan forecasts bringing in 110,500 skilled workers next year, but the department says in a memo that could have to be cut by as much as half, because the department has so much other work.

“These reductions are due to admissions space required to accommodate the TR2PR stream and the resettlement of Afghan nationals to Canada,” reads the memo.

The Liberals initially pledged to bring 20,000 Afghans to Canada, but during the fall campaign doubled the pledge to 40,000; now 7,000 of them have arrived in Canada.

The department aims for a six-month processing time for federal skilled workers (FSW), but in the memo they warned that could rise dramatically.

“Processing times are currently at 20.4 months (over three times higher than the service standard) and is expected to continue to grow as older inventory is processed. The FSW processing time is expected to rise to 36 months throughout 2022.”

Immigration Minister Sean Fraser was not available for an interview, but Rémi Larivière, a spokeswoman for the department, said the government will still bring in highly skilled workers, because so many are already in the queue.

“The already existing robust inventory of skilled candidates to process means that there won’t be a reduction in 2022 of the number of new skilled permanent residents arriving in Canada to work and settle,” she said in an email. “This pause is temporary; invitations to apply under the FHS streams will resume once the processing inventory is reduced enough to create space for new intake.”

Larivière said the fall fiscal update included measures to help reduce the backlog.

“The Government of Canada has proposed to provide $85 million in 2022-23 so it can process more permanent and temporary resident applications and reduce processing times in key areas affected by the pandemic.”

This is old news, seems they came to party today.

 

[seadrag0n]

This is old news, seems they came to party today.

This particular article confirms that pause of draws till June is real so the backlog might actually reduce.

 

[calis_s]

This particular article confirms that pause of draws till June is real so the backlog might actually reduce.

Then why do they say average processing time will be 36 months? Who does it apply to?

 

[seadrag0n]

Then why do they say average processing time will be 36 months? Who does it apply to?

If they don't pause draws and keep focusing on inlanders and CEC's like last year, then FSW backlog will remain the same and processing time will increase to 36 months by end of this year.

 

[RSub]

Guys, how are these Scandinavian countries- Norway and Denmark in particular for immigrants?

 

[Deleted member 1050918]

GOT NEWS FOR YOU FOLKS.
@dankboi @ImpatientKangaroo

https://nationalpost.com/news/politics/canada-pausing-intake-of-highly-skilled-immigrant-workers-amid-heavy-backlog
Canada pausing intake of highly skilled immigrant workers amid heavy backlog
Despite a labour shortage in parts of the country, the federal government is pausing new invitations because it doesn’t have the ability to process them

Canada’s immigration system for high-skilled workers is severely backlogged and even amidst a labour shortage in some parts of the country, the government is pausing new invitations because it doesn’t have the ability to process them.

In a memo obtained by the National Post, immigration officials outline that “an estimated 76,000” are in the inventory for federal high skilled worker applications, which is more than what the government needs to meet targets all the way out to 2023.

The same memo says the express entry pool, which includes skilled workers, skilled trades and people with experience living in Canada, has more than 207,000 people in the pool. Canada’s immigration plan has a variety of different classes including skilled workers, provincial nominees, family reunification and refugees.

With travel bans in place, high-skilled worker applications from overseas have been on pause since September 2021. Last year, the government still managed to hits its record-high immigration targets, but did so mostly by inviting people already in Canada on temporary permits or as students to become permanent residents through a new temporary resident to permanent resident program (TR2PR).

The government’s current immigration plan forecasts bringing in 110,500 skilled workers next year, but the department says in a memo that could have to be cut by as much as half, because the department has so much other work.

“These reductions are due to admissions space required to accommodate the TR2PR stream and the resettlement of Afghan nationals to Canada,” reads the memo.

The Liberals initially pledged to bring 20,000 Afghans to Canada, but during the fall campaign doubled the pledge to 40,000; now 7,000 of them have arrived in Canada.

The department aims for a six-month processing time for federal skilled workers (FSW), but in the memo they warned that could rise dramatically.

“Processing times are currently at 20.4 months (over three times higher than the service standard) and is expected to continue to grow as older inventory is processed. The FSW processing time is expected to rise to 36 months throughout 2022.”

Immigration Minister Sean Fraser was not available for an interview, but Rémi Larivière, a spokeswoman for the department, said the government will still bring in highly skilled workers, because so many are already in the queue.

“The already existing robust inventory of skilled candidates to process means that there won’t be a reduction in 2022 of the number of new skilled permanent residents arriving in Canada to work and settle,” she said in an email. “This pause is temporary; invitations to apply under the FHS streams will resume once the processing inventory is reduced enough to create space for new intake.”

Larivière said the fall fiscal update included measures to help reduce the backlog.

“The Government of Canada has proposed to provide $85 million in 2022-23 so it can process more permanent and temporary resident applications and reduce processing times in key areas affected by the pandemic.”

Many people worked so hard for years to top their CRS and then some flu comes and dumbass Canada has to close shit down 2 years because they don't have enough beds or officers to process files. People's lives are literally destroyed.

 

[IncredibleCanada]

This particular article confirms that pause of draws till June is real so the backlog might actually reduce.

Can you point me out where it says it is confirm it is halted till June?

Only credible new update it just this statement -

"“The already existing robust inventory of skilled candidates to process means that there won’t be a reduction in 2022 of the number of new skilled permanent residents arriving in Canada to work and settle,” she said in an email. “This pause is temporary; invitations to apply under the FHS streams will resume once the processing inventory is reduced enough to create space for new intake.”

Rest is in from Mr. Stevens obtained memo

https://twitter.com/i/web/status/1483611774750388226

 

[GandiBaat]

Then why do they say average processing time will be 36 months? Who does it apply to?

First, its NOT average. Their metric is 80 percentile ie 80% of FSW applications processed in 36 months.

Second, its NOT a forecast per say but how the above metric will behave when they process older files.

If you put an application right now, actually they do not have ANY means to tell how much time they will take besides parroting their SLA ie 6 months -- which they have consistently proven unable to uphold.

 

[IncredibleCanada]

This week was a ride. Everyone will need a dive into river of alcohol. I really now hate word "obtained"