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Economics

Trump’s Visa Freeze Could Help Funnel Talented Workers to Canada

  • CIBC economist sees opportunity to halt ‘brain drain’ to U.S.
  • Shopify CEO touts northern nation as relocation option

Donald Trump’s latest move to restrict immigration to the U.S. might wind up being a windfall for Canada.

With Covid-19 travel restrictions in place, Justin Trudeau’s plan to drive long-term growth by welcoming more and more newcomers has been sidelined. But the U.S. president’s decision this week to freeze access to certain employment visas gives Canada an opportunity to win back some of the workers it loses to America.