Canada Launches $1.2 Billion Plan to Attract Top Global Talent

Canada has unveiled a major new initiative designed to attract some of the world’s leading researchers and high-skilled workers, part of a long-term strategy to strengthen the country’s innovation and economic growth. The federal government announced a $1.2 billion investment over 12 years aimed at recruiting and retaining more than 1,000 experts in fields such as medicine, science, and advanced technology.

The plan comes as the United States tightens restrictions on highly skilled visas, introducing fees that can exceed $100,000 for certain work permits. Canadian officials argue that this shift in U.S. policy makes Canada an increasingly attractive destination for talent looking for stability, opportunity, and support for cutting-edge research.

Government leaders said the initiative will help Canada remain competitive on the global stage by boosting research capacities in key areas and supporting breakthroughs that could have major economic and social impacts.

The program is expected to benefit universities, research institutions, and the private sector, while also enhancing Canada’s appeal as a destination for world-class professionals seeking long-term careers.