Canada Aims to Capitalize on US H-1B Visa Fee Hike, Says PM Carney

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Canadian Prime Minister Mark Carney has identified a significant opportunity in recent US immigration changes. He stated Canada is ready to welcome tech talent affected by new American visa fees. The comments were made in London following a major policy shift from the United States.

This development comes after US President Donald Trump signed an executive order imposing a $100,000 fee on new H-1B visas. The move has created immediate uncertainty for technology companies and their foreign employees.

Trump’s $100,000 Fee Sends Shockwaves Through Tech Sector

President Trump’s new fee took effect on September 21. It requires companies to pay $100,000 for each new H-1B visa worker they sponsor. The policy is aimed at protecting American jobs, according to US officials.

Commerce Secretary Howard Lutnick defended the rule. He said it prevents tech firms from training foreign workers to take jobs from Americans. The change has caused confusion and frustration within the industry.

According to government data, Indian nationals receive over 70% of H-1B visas. Chinese professionals are also heavily represented. Many young tech workers from these countries now fear for their US career prospects.

Canada Positions Itself as a Premier Alternative for Talent

Prime Minister Carney said Canada plans to provide a clear offering to displaced workers. He emphasized the chance to attract people who previously would have received H-1B visas. Many of these individuals are in high-demand tech roles.

According to a Bloomberg report, Canada is reviewing its immigration strategy to absorb this talent. The country aims to streamline the process for skilled workers facing new US hurdles. This could provide a significant boost to Canada’s tech industry.

Other countries are also seizing the moment. Germany and the United Kingdom are actively positioning themselves as alternative destinations. The global competition for skilled tech workers is intensifying.

The new US H-1B visa fees are reshaping global talent mobility. Canada’s proactive stance highlights a strategic shift in international immigration policy. This situation underscores the ongoing competition for skilled workers in the tech sector.

Dropping this nugget your way-

What is the new H-1B visa fee?

The new fee is $100,000 per visa. It was implemented on September 21 by executive order. This applies to new H-1B visa applications.

Which countries are most affected by this change?

India and China are the most affected nations. Indian nationals account for over 70% of H-1B visa holders. Professionals from these countries are now seeking alternatives.

How does Canada plan to attract these workers?

Canada is reviewing its immigration strategy to create a clear pathway. Prime Minister Carney mentioned providing a specific offering for affected talent. The goal is to streamline the process for skilled tech workers.

Are other countries besides Canada offering alternatives?

Yes, Germany and the United Kingdom are also positioning themselves. They see an opportunity to attract skilled professionals. The global race for tech talent is heating up.

What was the stated reason for the US fee increase?

US officials said the fee is meant to protect American jobs. They aim to stop companies from bringing in foreign workers for roles that could be filled domestically. The policy is a part of a broader America-first agenda.

Trusted Sources: Bloomberg, Reuters