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Exception clears manner for worldwide recruitment drive
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Lululemon Athletica Inc., the high-end clothes maker recognized for its yoga pants, gained a waiver from immigration guidelines that limit entry to international staff, clearing the way in which for a global recruitment drive as the corporate expands its Vancouver headquarters.
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Immigration Minister Sean Fraser agreed to exempt Lululemon from having to use for the Labour Market Affect Evaluation (LMIA) to rent for sure high-skilled positions, together with senior managers, industrial and manufacturing engineers, development managers and pc methods managers.
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The LMIA is successfully a display the federal authorities makes use of to evaluate whether or not corporations actually want entry to worldwide staff to fill positions, or in the event that they merely are searching for cheaper labour. When an LMIA is authorized, it means Ottawa has decided there aren’t sufficient Canadian staff or everlasting residents accessible to do the job.
Waiving the necessity to apply for an LMIA will enable Lululemon to herald staff quicker, which in flip will assist “fast-track the financial advantages” of the corporate’s growth, Immigration mentioned in a press launch, which the federal government shared forward of an official announcement scheduled for six p.m. Toronto time on Might 25.
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The division added that the transfer would assist “safe” Lululemon’s world headquarters in Vancouver, as the corporate has dedicated to broaden within the metropolis over the following 5 years and create about 2,600 jobs — most of which might be high-skilled positions that might be crammed by international staff.
It was unclear if Lululemon had mentioned it might scale back its presence in Canada with out the waiver on international staff. In 2016, the corporate threatened to maneuver its headquarters exterior of Canada if the federal authorities didn’t make it simpler for it to rent specialised staff from overseas.
Whereas Canada’s comparatively liberal method to immigration is broadly seen as an financial benefit, numerous enterprise leaders have warned this yr that different international locations are starting to catch up, making the competitors for expertise extra fierce.
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“As they preserve their world headquarters in Vancouver and proceed to broaden, our authorities will proceed to pursue an immigration coverage that ensures employers like Lululemon can appeal to the expertise they should drive financial development right here in Canada,” Fraser mentioned within the assertion.
In 2022, the variety of job vacancies in Canada averaged 942,000, two and a half occasions the common of 377,000 noticed in 2016, based on Statistics Canada.
The substantial development within the variety of job vacancies recorded throughout this era instructed that the economic system is battling a labour crunch. Nevertheless, Statistics Canada additionally mentioned in a report launched Might 24 that “employers’ difficulties to fill job vacancies requiring excessive ranges of schooling can’t, on the whole, be attributed to a nationwide scarcity” of extremely educated job seekers or to native shortages of such job seekers.
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Vacancies might come up due to a mismatch between the abilities required and the abilities possessed by extremely educated job seekers, the report mentioned. A labour crunch nonetheless, has been noticed for job vacancies requiring a highschool diploma or much less schooling since 2021, the company added.
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In 2022, Lululemon reported internet income of $8.1 billion, in comparison with $6.2 billion in 2021. Its gross revenue elevated to $4.4 billion from $3.6 billion in 2021.
• E-mail: nkarim@postmedia.com | Twitter: naimonthefield
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