A new Provincial Nominee Program stream targeting international graduates has been launched by Nova Scotia immigration.
The International Graduates in Demand stream of the Nova Scotia Nominee Program (NSNP) is currently open to workers with a permanent job offer in one of two National Occupational Classification codes:
As well as a job offer from a Nova Scotia employer that corresponds will the field of study, international graduates must also have complete at least half of their course in the Atlantic province.
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Nova Scotia’s Post-COVID-19 Economic Recovery To Be Fuelled By Immigration
Population growth fuelled primarily by immigration is expected to help Nova Scotia’s economy recover in 2021 after being hit hard by last year’s double whammy of Northern Pulp’s closure and the downturn in retail and tourism due to COVID-19.
“Nova Scotia’s recovery should be helped by improved population growth, which in turn will benefit from higher federal immigration targets and the decision to make the Atlantic Immigration Pilot program permanent,” noted TD Economics in their annual economic forecast.
“Population growth has been central to the province’s improved economic performance in recent years and has even held up relatively well thus far
Among the largely-spared Atlantic Canadian provinces, Nova Scotia was the most affected during the first wave of the global pandemic. Then, the Atlantic Canadian Bubble, an agreement between the provinces of Nova Scotia, Prince Edward Island, New Brunswick and Newfoundland and Labrador to allow the free movement of travellers within the region, burst.
As a result, Nova Scotia’s tourism sector saw an end to the small benefit it had provided to hoteliers and restaurants in the province.
In their somewhat ominously titled provincial economic forecast, It’s Always Darkest Before Dawn, the bank’s chief economist Beata Caranci, deputy chief economist Derek Burleton, and economists Rishi Sondhi and Omar Abdelrahman predict the Nova Scotia economy will grow by 4.2 per cent this year and 2.4 per cent in 2022.
That is lower than the forecasted average economic growth of 4.9 per cent for this year and 3.8 per cent in 2022 for Canada.
The slower rate of growth for Nova Scotia this year is at least partly due to the relatively small drop in its GDP during the pandemic last year. While Alberta’s economy took a hit of 7.3 per cent of its GDP, Ontario and Newfoundland and Labrador of 6.2 per cent, and Saskatchewan of 5.6 per cent, Nova Scotia’s losses during 2020 amounted to only 4.3 per cent of its GDP.
As the Maritime province on Canada’s east coast approaches the end of the second wave of the pandemic, its exports are expected to get a shot in the arm from the 8.4-per cent growth being forecast for China, a return to a more robust hospitality sector, and significant investment in major projects, including the decommissioning of offshore oil projects.
A return to more normal levels of immigration, which would drive population growth, is considered to be essential for Nova Scotia’s economic recovery.
As the global pandemic and the border restrictions imposed to slow the spread of COVID-19 crippled economies throughout the world, they also slowed immigration to Nova Scotia.
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