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The Factors of Canada’s Immigration Attractiveness
Izium A. O., Shuba M. V.

Izium, Anzhela O., and Shuba, Maryna V. (2021) “The Factors of Canada’s Immigration Attractiveness.” Business Inform 12:41–47.
https://doi.org/10.32983/2222-4459-2021-12-41-47

Section: International Economic Relations

Article is written in Ukrainian
Downloads/views: 8

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UDC 331.556.44(71)

Abstract:
The article is aimed at defining the main factors of Canada’s immigration attractiveness. The article presents the dynamics of the number of immigrants living in Canada during the 1990-2020 years, the dynamics of immigration to Canada, the main countries of origin of immigrants, as well as the change in the percentage of persons born abroad in the total population of Canada. It is determined that the Canadian migration system is based on the priority of attracting human capital to the country, and most Canadian immigrants are selected according to the points system, which accepts people with the skills that will contribute to the development of the economy. The main programs under which Canada accepts migrants for permanent residence are considered: express entry, provincial program, family migration program, visa program for startups, carers program. The dynamics of average hourly wages in Canada, dynamics of consumer price index are provided. For the period 2010-2020 consumer price index in Canada grew moderately, which is comfortable for both consumers and entrepreneurs. Also Canada’s position in international rankings influencing the choice of the country of residence by migrants is studied. Thus, in 2021, Canada took the twentieth place in the ranking according to the Quality of Life Index; 6th place – according to the Social Progress Index and the Prosperity Index, tenth place – according to the Global Peace Index. Canada ranked 16th in the latest Human Development Index. According to the Migrant Integration Policy Index in 2020, Canada has become the fourth country in the world with the best immigration policy. The main factors of Canada’s immigration attractiveness are defined, among which can be highlighted the following: liberal migration policy; high GDP per capita; rising average wage rates and a low inflation; consistently high positions in the world rankings, which are important indicators of the level of development of the country and comfortable life.

Keywords: immigration, Canada, migration policy, immigration attractiveness.

Fig.: 5. Bibl.: 23.

Izium Anzhela O. – Student, Faculty of International Economic Relations and Tourism Business, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]
Shuba Maryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations named after Artur Golikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

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