Why your job prospects in Canada are excellent:
Canada’s economy is growing, and growing businesses will need more auditors and accountants to set up their books, prepare their taxes and provide management advice.
Advances in technology have broadened rather than eliminated the roles of Financial Auditors and Accountants.
Occupations that fall under this category are not usually as affected as others by economic downturns and slowdowns, and often become more in-demand during such periods.
Strong growth prospects in the accounting field will highlight the higher level functions of advice and auditing.
The large size of this occupational group means that a substantial number of new positions will be created, to replace retiring professionals.
In addition, the growth in the number of new businesses coupled with the need for greater financial efficiency and increased accountability will continue to fuel job demand over the next few years.
Qualified Canadians in the accounting field are short in supply due to a combination of the aging population and the number of retirees in the profession over the next few years, which is why Canadian firms are looking to foreign talent to relieve the demand.
International experience is highly valued by Canadian firms because many of their clients are no longer based in North America and have more diverse needs.
Immigration is already responsible for net growth in the workforce in many Canadian cities and provinces.
The future of the financial industry relies on attracting qualified immigrants working in the financial sector to come to Canada.
Shortages in the financial industry are expected to increase, especially in leadership roles.
