The Labour Market Impact Assessment (LMIA) is a document that is required by a Canadian company prior to hiring a foreign worker.
The LMIA process is started when an employer offers a job to a Temporary Foreign Worker (TFW), when there is no suitable Canadian citizen or permanent resident for the position. The requirements to obtain a positive LMIA are rigorous and the employer must be prepared to comply with all conditions imposed by ESDC/Service Canada. It must provide proof, by posting a job advertisement, that the position cannot be fulfilled by a Canadian or permanent resident. However, foreign business owner-operators are exempt from producing such a proof by providing a well-defined business plan showing the positive impact the business will bring to the Canadian economy.
This application is made directly to Employment and Social Development Canada (ESDC), a department of the Canadian Government which oversees and provides decision on LMIA applications. Under this program, business plans need to address investments, labour market, foreign talent, benefits to Canadian Economy, and much more. Our expert team at Probitty understand the intricacies of this LMIA program and address the challenges involved when dealing with a foreign owner operator in a well-tailored owner operator business plan.