Top 6 Business Opportunities in Canada for immigrants

Alisha Khan
[Published 08 Aug, 2022 | 04:36 PM]
About Author - 5 min read
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Given that it is technologically advanced, one of the safest countries in the world, and offers economic stability, Canada is one of the best places in the world to do business and work. They offer a wide range of diverse business opportunities, and the income is incredible. In Canada, new enterprises are encouraged, and immigrants and women-owned businesses are given special support. Let's now investigate the several types of Canadian business prospects that are available to foreign nationals.

Nevertheless, even if the World Bank ranks Canada as the 23rd most business-friendly nation in the world, this does not guarantee success. Owning a business involves a lot of commitment and hard work. One pro-tip to ensure your career is to apply for Canada PR from India. This makes Canadian employers give your profile more importance than other candidates.

Under the best of conditions, starting a business is undoubtedly difficult. However, starting a business would seem to be a more difficult task for an immigrant to Canada than it is for a native-born Canadian. The difficulties will increase if there are language issues or if the immigrant finds it difficult to understand local and provincial legislation.

However, there are several industries of business that offer bright prospects for recent immigrants. The following are high-demand career openings in Canada that welcome applications from international citizens. Below is a list to help you:

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1. Construction

When it comes to construction employees in Canada, there is a shortage of available candidates. Canada needs professionals with the requisite skills to carry out numerous ongoing new development projects. Not only is the pay good, but you'll also be paid more the more experience you have. Over 1.4 million people are employed in the construction industry in Canada, which generates about $141 billion in economic output yearly. This equates to 7.5% of Canada's Gross Domestic Product (GDP). Currently, the following construction-related jobs are in high demand in Canada:

• Plumber
• Bricklayer
• Asphalt spreader
• Roofer
• Carpenter
• Concrete mixer

2. Hospitality

When the COVID19 epidemic broke out, the hospitality industry in Canada suffered, but it swiftly recovered after the limitations were repealed. There will always be a need for skilled personnel in the hospitality industry because of locals and visitors to Canada like discovering new establishments like hotels and restaurants. Since tourism is a $90 billion industry, there are more than 1.9 million jobs in the field. Top positions in the tourism sector include:

• Hotel Housekeepers
• Waiters and servers
• Server managers
• Professional chefs or cooks
• Bakers

3. Agriculture

Agriculture and the agri-food sector are two of Canada's largest and most profitable businesses. One of the sectors offering some of the most employment in Canada is this one. The agri-food and agriculture sector in Canada employed almost 2.1 million people by the year 2020. Around 7.4 percent of Canada's GDP, or $139.3 billion, was produced during that time (GDP). The agriculture industries in Alberta, Manitoba, British Columbia, Ontario, and Saskatchewan are well-known. Due to the strong demand for professionals in professions like:

• Winemakers
• Trolley/ Truck drivers
• Farm workers
• Butchers
• Beekeepers

4. Retail and Wholesale

If you're thinking about retail and wholesale, provinces like Alberta, Saskatchewan, and British Columbia are some of the key provinces to consider. Since there is a significant demand for medical products to be manufactured, packaged, and sold right now due to the Coronavirus pandemic, wholesalers must hire a lot of staff to keep up. Canada's GDP is primarily comprised of retail, which accounts for $102.82 billion, and wholesale, which accounts for $106.88 billion. The jobs with the highest demand in the retail or wholesale sectors are:

• Bookkeeper/ Cashier
• Visual Merchandiser
• Cleaning & Maintenance
• Retail Warehouse Worker
• Manager- Human Resources

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5. Education

People enjoy education. Whether or not it is a deliberate choice, it is in our human nature to desire to learn new things and develop new talents in order to improve. As a result, there will always be a demand for educators, particularly in Canada, where public education ranks fourth in the world. Canada invests around 5.9 percent of its GDP, or $11,854 per student, in education. Key professions in this area include:

• School/ College tutors
• Curriculum Developer
• Teachers
• Professors
• Education Administrator

6. Accounting

Currently, Certified Public Accountants (CPAs) are in high demand, and they are able to operate independently as a sole proprietorship, which is ideal for those looking to apply for a Start-up Visa. The field of finance generates $148.82 billion in GDP for Canada, and includes the following jobs:

• Financial Analyst
• Financial Service provider
• Investment banker
• Financial Reporter

Canada immigration can be a life-changing experience. Having a great business opportunity can make this experience a wonderful journey. Having a career in the above-mentioned business sectors can increase your chances of success.

Read More: Canada Aims to Welcome 17000 Entrepreneurs by 2026