Canada excels in the global competition for top talent

According to Policy Options, Canada competes to attract global talent as mobility increases post-pandemic. The World Economic Forum predicts 4% of the world’s population will relocate by 2030. Skilled workers target countries offering a better quality of life, and economies need this talent due to population stagnation. The Global Consulting Group states that 23% of the global active labour force, around 800 million professionals, seek work abroad. Job quality, life quality, and health are top reasons for relocation. Countries desire top scientists, engineers, artists, entrepreneurs, and innovators. A BCG analysis showed Australia as the top choice in 2023, up from seventh in 2014. Canada remains among the top three from 2014 to 2023 due to its strong economy, high living standards, excellent healthcare, and welcoming immigration policies.

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