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RBC Says Canada Should Tap Foreign Students to Ease Labor Crunch

  • Report comes as Scotiabank warns on job-education gap
  • Trudeau government rolling out tweaks to immigration system
The University Of Toronto As Ontario Lays Out Plan to Restart Economy
Photographer: Galit Rodan/Bloomberg

Canada needs to recruit more international students in fields that are facing labor shortages and make it easier for them to become permanent residents, according to Royal Bank of Canada.

Post-secondary institutions should work with governments to prioritize students studying in scientific fields and engineering, along with health care and trades that are vital for the energy transition, the country’s largest bank said in a report published Thursday. The authors recommended the federal government create a portal that lays out pathways and requirements to study, work and stay in Canada.