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Canada Introduces Innovation Stream: A New Employer-Specific Work Permit

By 6 June 2024No Comments

On April 15, Canada introduced a new 2-year Innovation Stream employer-specific work permit. This new initiative is an excellent opportunity for individuals who have received a job offer in a high-skilled occupation from one of the employers participating in the Global Hypergrowth Project (GHP).

Unlike traditional employer-specific work permits, the Innovation Stream does not require an LMIA. The two-year Innovation Stream work permit expires on March 22, 2026.

High-skilled occupations are those that fall under the National Occupational Classification (NOC) Training, Education, Experience and Responsibilities (TEER) categories 0, 1, 2 or 3. These occupations require a high level of expertise and training, making them critical for the growth and development of the Canadian economy.

Global Hypergrowth Project (GHP)

The Global Hypergrowth Project (GHP) initiative was launched by the Government of Canada to support innovative Canadian firms acting as anchors in their communities. These firms foster entrepreneurship, build networks, create jobs, and act as catalysts for economic development.

Several innovative Canadian businesses are participating in the Global Hypergrowth Project, supercharging their growth. For instance, ADA, an AI Agent for customer service, and Clarius, a provider of High-Definition Ultrasound Imaging, are two companies participating in the GHP. Here are a few more companies participating:

  • AlayaCare
  • CellCarta
  • Clio
  • Duchesnay Pharmaceutical Group (DPG)
  • Lightspeed Commerce
  • Vive Crop Protection
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Eligibility Requirements for Canada Innovation Work Permit

Please note the following eligibility criteria for a Canada innovation work permit:

  • Foreign nationals applying for a work permit under the Innovation Stream must have a job offer from an eligible Canadian employer participating in the Global Hypergrowth Project.
  • The job offer must fall under a TEER 0, 1, 2, or 3 occupation.
  • The application has to be completed using the IRCC Secure Account.
  • Wages offered should be equal to or exceed the median hourly wages set for the region.
  • Applicants must possess the skills required for the job they are applying for.
  • Immigration officers must ensure applicants meet their job’s education and experience requirements.
  • Work permit processing fees: $155.
  • Before you submit your work permit application, your employer must submit an offer of employment, pay a $230 employer compliance fee, and give you an employment number.

Faster Processing

You may be eligible for faster processing if your occupation is classified under Training, Education, Experience and Responsibilities (TEER) category 0 or 1 of the National Occupational Classification (NOC) system. The aim is to process eligible GSS work permit applications within 2 weeks.

Benefits for Spouses and Dependents

Your spouse, common-law partner and dependent children are also eligible for 2-week processing if they apply at the same time as you. This applies to applications for a visitor visa, work permit, or study permit. They must submit a complete application and apply at the same time as you.

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Need help?

At ELAAR Immigration, we understand that navigating the immigration process can be challenging. That’s why we’re here to help. Our team of experienced immigration consultants can guide you through the application process for the Innovation Stream employer-specific work permit. We can provide you with the necessary information, support, and guidance to ensure your application is successful.

Please contact us for a consultation, and let us help you with your immigration needs.

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