Canadian immigrants: How to be succesful through self-employment
In the wake of declining opportunities of employment in Canada, a large number of immigrants, especially women immigrants, are quick to become self-employed.
This has been revealed by the findings of a latest study by Statistics Canada. Increasing self employment among female immigrants—The study findings show that although sons of immigrants in Canada are reluctant to become self-employed, but their sisters are showing increased tendency in this regard. The findings further stated that the rate of self-employment is considerably higher among immigrants as compared to their Canada born counterparts. Rate of immigrants taking up self-employment is nearly five percent higher than that Canada born citizens, the findings assert. And this is especially true of second-generation females whose rate of self-employment is quite above than their moms. Among males, self-employment plunged by nearly two percent but went up by 2 percent among females.
Self employment rate went up from 6 percent to 7 percent for Canada born females whose parents are immigrants. And the rate of self employment also zoomed to 7 percent from 5 percent for Canada-born moms having Canada-born parents. Canada-born fathers had a higher rate of self-employment as compared to the generation of their sons. The study reiterates that Canada born males with immigrant parents in the ages between 25 and 44 years had low rate of self employment s compared to their immigrant parents around 25 years ago. In the year 2006, self employment rate among Canada-born males with immigrant parents was 12 percent as compared to the self employment rate of 14 percent among immigrant fathers in the year 1981. Meanwhile, the number of Canada-born sons of Canada-born parents taking to self-employment is said to be 10 percent. In Canada as a self-employed person, you must have relevant experience in cultural activities, athletics or farm management. You must also have the intention and ability to establish a business that will, at a minimum, create employment for yourself. You must make a significant contribution to cultural activities or athletics or purchase and manage a farm in Canada.
Fact Factors behing self-employment
Factors behind self-employment among new immigrants—Majority of new immigrants find it difficult to get suitable jobs. And this pushes them to take up self-employment or becoming an entreprenuer after coming to Canada. Normally, coming into Canada as an entrepreneur, you basically have to have lots of cash because they’re expecting you to start a business (and employ other Canadians). That is the main focus of immigration, it seems — how is your being there benefiting Canada. Nothing generates jobs like a thriving economy so some fields are always ‘hotter’ than others. Below I offer a couple of links o the latest Canadian hottest occupations.
Canada Hottest Occupations
In the early 2000’s ( Click here to see some of Canada’s hottest jobs.). Then by 2011 careers as technologists, technicians and technical specialists in applied sciences are the growing tech rapidly in occupations including health, computer technology, telecommunications and various engineering and architectural support roles. Today or in 2012
you can find the Canadian 50 best-paying, highest-demand career choices here, but there are more higher paying and stable jobs in Canada that are missing in these report specially when it comes to self employment or creating your own job.
Canada Labor Market
Canada labor market is complaining about “lack of workers”…. while workers cant find jobs in Canada. And this imbalance is affecting health of Canada labor market while they say that market is growing, companies are getting bigger and bigger, it is still really hard to find a good related position for a foreigner. A large number of aboriginals and new immigrants can’t find good jobs. In such a scenario, they are looking up to become self-reliant by resorting to self-employment.
Self-employment has increased significantly since the early 1990s, when less than 16% of the province’s workforce was self-employed. By 2008, nearly one in five workers in the BC province in Canada for instance was self employed and in Ontario it’s been having growing a bigger rate. Being your own boss isn’t risk free. It can be very satisfying, and in some cases, very lucrative, but there are a lot of self-employed people who don’t succeed in their endeavours. Those who do succeed often spend long hours, and invest a lot of time and effort into building up their business. It might not be the right choice for you, but self-employment is an option you should consider when planning your career. Find out about entrepreneurial training and consultancy here
There is something incredibly empowering about Self employment or creating your own jobs or seizing control of your life and creating the job you want, rather than waiting for it to happen or waiting for someone to give it to you. You are no longer a passive viewer of the world, but someone actively changing it. You become your own boss, pursuing your own goals. That’s incredible.
Part of the reason it’s feasible now to create your own job is because the Internet makes it possible for us to market ourselves cheaply and sell goods and services without having a brick-and-mortar stores. This opens a world of opportunities.
Most jobs are not getting filled because Canadian companies are asking for the moon in qualifications and then those they do hire with those qualifications show they cannot do the job. Theory is one thing, putting it into practice is another. Canada is losing productivity because they are letting experienced people sit on the sidelines because they don’t have X,Y, or Z degrees. Some of the brightest minds and richest people in the world don’t have degre4es–we are not bashing high or good education though– but you can have all the university degrees or titles in the World and if you have cero practice or experience? WHAT? I tell you: you won’t help any company. Education is the last part of the CV for a reason. Not having a MBA or PH Doesn’t stop those of the brightest and most succesful business from thinking and being creative and functioning well. Canadian companies need to smarten up or get lost in the rest of the world’s dust in the global marketplace. Brake the mold and create your own job!