As part of its strategy to boost innovation, the Canadian government will implement targeted programs to attract skilled international researchers. A budget of C$1.7 billion ($1.2 billion) is allocated to recruit over 1,000 skilled researchers. Simultaneously, the government plans to court H-1B visa holders and intends to reduce the intake of foreign students annually. This multifaceted approach is aimed at strengthening Canada’s research and development capabilities.
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The Indian government expressed concern over a new $100,000 fee for H-1B visa applications, anticipating “humanitarian consequences” due to family disruptions. India, which receives the majority of these visas, hopes the US authorities will address these issues. This recent change, announced by President Trump, has caused uncertainty for businesses. The Indian government also stated the exchange of skilled workers has benefited both nations and policy makers are assessing the recent developments considering these mutual benefits.
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President Trump recently signed a proclamation introducing a new annual $100,000 fee for H-1B visa applications, targeting highly skilled foreign workers, and unveiled a “gold card” visa program with a potential pathway to U.S. citizenship. This “gold card” requires a $1 million contribution, while a “platinum card” is offered for a $5 million contribution with extended stay benefits. These actions face potential legal challenges and widespread criticism, particularly as the H-1B program, designed to attract specialized workers, has been accused of being exploited to depress wages. The H-1B changes seek to prevent companies from using the visa for entry-level training positions, instead targeting highly sophisticated engineers.
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