Future of work
A curated resource of recent research on trends shaping Canada's labour market.
Over the years, Canada’s entrepreneurship ecosystem has been highly regarded. However, some areas — including productivity, business growth, and investment in business research and development — could be strengthened.
This report highlights that governments, post-secondary institutions and the private sector can play a stronger role in supporting immigrant innovators and entrepreneurs in Canada. The Century Initiative found that one-third of successful Canadian private tech companies currently positioned to grow into world-class firms were founded or co-founded by immigrants.
The report recommends that Canada enhance the immigration process to target and select immigrant innovators. Streamlining applications for high potential immigrant entrepreneurs and recognizing self-employment as experience that can contribute to permanent residence qualifications would be helpful. Additionally, improving supports for immigrant entrepreneurs to start new businesses and connect with retiring business owners could be scaled up. Finally, strengthening the conditions to attract top talent from abroad can help entrepreneurs as well as support international students interested in careers in entrepreneurship in Canada.