As US snubs high-tech visas, Indians head to Canada

Agencies
December 20, 2017

New Delhi, Dec 20: ThinkData Works Inc, a big-data processing firm, just hired a software engineer from Brazil through Canada's new fast-track visa programme for high-skilled workers.

"The process was bang on," Bryan Smith, chief executive officer of the Toronto-based company, said. It took less than the government's target of 10 business days to process the recruit's application. Previously it could take several months. "If the government says two weeks and it actually is, that will create a whole new process around it."

As President Trump moves to crack down on the immigration of high-tech workers to the US, PM Trudeau's new Global Skills Strategy is taking off. The Brazilian joins 2,000 other workers who entered Canada under the programme from its start on June 12 to September 30, according to government data.

"It's more successful than we predicted," Canada's immigration minister Ahmed Hussen said. "This programme came from the business community. They identified a challenge and said you need to fix it." Those who are fast-tracked can apply to stay as long as three years and also for permanent residency. Computer programmers, systems analysts, and software engineers, are the top three categories of workers to benefit so far. The bulk come from India — the same country that makes up the majority of US H-1B visas issued — followed by China and France. Word is spreading throughout Canada. Biotech company Cyclica Inc is preparing to use the system for the first time to recruit an American.

As a candidate, Trump railed against the H-1B programme. There are several regulatory and legislative efforts underway in the US to reduce abuse in the programme and the number of applications being challenged has jumped. Applications to the annual lottery for visas dropped this year for the first time in five years, reflecting concerns about a more restrictive approach, though applications still exceed the 85,000 visas available through the lottery. To those who have watched Canada lose talent to the US over the years, the tables may be turning.

Canada's fast-track visa programme is just one part of Trudeau's drive to boost innovation. The government is also pouring hundreds of millions of dollars into venture capital and support for artificial intelligence, joining private money investing in the country's tech hubs in Waterloo and Toronto, Ontario, Vancouver and Montreal.

Two thousand people may be a small sliver when compared with the 320,000 newcomers Canada welcomed last year. "It sounds like a drop in the bucket," says Daniel Mandelbaumof immigration firm Mamann Sandaluk & Kingwell LLP. "The idea is this is two thousand of the best and brightest."

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News Network
June 3,2020

Washington, Jun 3: US President Donald Trump's administration on Tuesday announced investigations into foreign digital services taxes it says are aimed squarely at American tech firms.

Following a similar trade investigation against France last year, the US Trade Representative office now is looking into taxes in Britain and the European Union, as well as Indonesia, Turkey and India.

"President Trump is concerned that many of our trading partners are adopting tax schemes designed to unfairly target our companies," USTR Robert Lighthizer said in a statement.

"We are prepared to take all appropriate action to defend our businesses and workers against any such discrimination."

Washington opposes the efforts to tax revenues from online sales and advertising, saying they single out US tech giants like Google, Apple, Facebook, Amazon and Netflix.

The US and France have agreed to negotiate till the end of the year over a digital services tax Paris approved in 2019, after USTR found them to be discriminating and threatened retaliatory duties of up to 100 percent on French imports such as champagne and camembert cheese.

Trump has embroiled the US in numerous trade disputes since taking office in 2017, including a months-long trade war with China that cooled with the signing of a partial deal in January.

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News Network
February 29,2020

New Delhi, Feb 29: The father of Intelligence Bureau staffer Ankit Sharma, whose body was pulled out of a drain in northeast Delhi's riot-hit Chand Bagh, complained to police that goons had assembled at the residence of former AAP counselor Tahir Hussain and were throwing petrol bombs from the rooftop.

According to the FIR which was registered on Thursday on the basis of the complaint lodged by Ankit's father Ravinder, the goons were also firing from the rooftop.

On Tuesday, Ankit returned from his office at 5 pm and then went outside to buy groceries. When he did not return, the family started looking for him and later filed a missing report, the FIR stated.

They got to know from their neighbours that a body has been recovered from a drain… later it was found to be that of Anikt, it said, adding the body had multiple stab injuries on the face, head, back, and chest.

The family has alleged in the FIR that it was Hussain and the goons at his residence who killed Ankit. In the FIR, Hussain has been accused of murder, destruction of evidence and abduction.

Soon after the FIR was registered on Thursday, the AAP suspended Tahir Hussain from the primary membership of the party till the police completed its probe.

The death toll in Delhi's communal violence rose to 42 on Friday as the situation showed some signs of returning to normalcy and clouds of smoke cleared to reveal the extent of the damage from the worst riots in the city in over three decades.

A total of 148 FIRs have been registered and 630 people have been either arrested or detained so far in connection with the communal violence, a Delhi Police spokesperson said.

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News Network
June 15,2020

New Delhi, Jun 15: On Monday, petrol and diesel prices across the country were raised for the ninth consecutive day by 48 paise and 59 paise, respectively.

Petrol price per litre was raised to Rs 76.26 in New Delhi, Rs 83.17 in Mumbai, Rs 79.96 in Chennai, Rs 79.17 in Hyderabad, Rs 78.73 in Bengaluru and Rs 78.10 in Kolkata.

Diesel price per litre was hiked to Rs 74.62 in New Delhi, Rs 73.21 in Mumbai, Rs 72.69 in Chennai, Rs 72.93 in Hyderabad, Rs 70.95 in Bengaluru and Rs 70.33 in Kolkata.

Since 7 June, after ending their 82-day hiatus in daily revision, state-owned oil marketing companies have increased petrol price by Rs 5 per litre and diesel by Rs 5.23 per litre.

These prices are close to levels last seen in October-November 2018 when international oil prices had spiked close to $80 per barrel. In October 2018, petrol price in Mumbai had crossed Rs 90-mark and in Delhi, it was around Rs 83 per litre.

Comparatively, on Monday, Brent crude, the international benchmark for crude oil prices, fell 2.3 percent to $37.84 a barrel over concerns of subdued demand for fuel as new coronavirus infections were reported in China and the US.

The present spike in fuel prices in India could be attributed to the fact that central and state governments, along with oil marketing companies are looking to make up for their loss in revenues due to the lockdown.

Last month, the central government had increased the excise duty on per litre of petrol by Rs 10 and per litre of diesel by Rs 13. Several state governments have also hiked their VAT or cess on fuel in the last month. In fact, now around 70 percent of the retail price of fuel is just some form of tax.

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