per-cent increase: Proponents say micro loans speed up the process and pay off big time for the federal treasury, yet they can't keep up with a demand that will likely grow with the Liberal government's plan to welcome more economic immigrants to the country in 2017, according to CBC. Jean-Bruno Villeneuve, spokesperson for Patty Hajdu, the minister of employment, workforce development and labour, said a three-year pilot that was launched in 2011 under the Conservatives demonstrated that loans sped up the credential recognition process, led to a 47-per-cent increase in full-time employment and eased reliance on government income assistance. One of the biggest barriers for newly arrived doctors, dentists, engineers and high-tech professionals is coming up with the cash to pay for the required licensing fees, exams and training upgrades. We were very pleased with the results of the pilot, and we're working hard on a framework for a more permanent policy, he told CBC News. Can't tip our hand here either way, the official said. Syrian doctors face years of retraining Skilled immigrants struggle to find jobs Fund helps foreign-trained workers get jobs A spokesperson for Finance Minister Bill Morneau would not say if a new foreign credentials loan program would be included in this year's budget.
(www.immigrantscanada.com). As
reported in the news.
Tagged under per-cent increase, workforce development topics.
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