New Limits Set for Canada’s Temporary Foreign Worker Program and Temporary Residents 

The federal government is tightening the quota of temporary residents, decreasing the admittance of temporary residents from 6.2% to 5% by 2027. See article. Retailers will face a significant challenge as the available pool of temporary foreign workers, a crucial workforce component, will diminish. Effective May 1, 2024 , the Temporary Foreign Worker Program undergoes major revisions with Labour Market Impact Assessments’ (LMIAs) halved to six months and employers using the program under the “Accommodation and Food Services” (NAICS 72) stream will see a reduction from 30% to 20%.  RCC is actively engaged in Ottawa on this file and working with other business associations to reverse these decisions. For question, contact Matt Poirier, VP, Federal Government Relations MPoirier@retailcouncil.org, or Apraham Nizilian, Director Government Relations, ANizilian@cccd-rcc.org