Through the PGWP, Statistics Canada analyzes how international student graduates interact with the Canadian labor market.
According to a new Statistics Canada report, the number of overseas student graduates receiving a Post-Graduation Work Permit (PGWP) has climbed considerably. Depending on the length of their academic program, the PGWP allows qualifying international graduates to work in Canada for up to three years.
PGWP holders can apply for many of Canada's economic-class immigration programs if they have a Canadian education and job experience. It is not renewable or extendable, and it is only available once in a lifetime.
From 2008 to 2018, Statistics Canada looked into the labour market participation of PGWP holders. From 10,300 in 2008 to 135,100 in 2018, the number of PGWP holders who reported income increased by more than 13 times. Meanwhile, the participation percentage has remained relatively stable, with three-quarters of PGWP holders reporting annual earnings.
In this time period, the median annual profits earned by PGWP holders climbed from $14,500 in 2008 to $26,800 in 2018, adjusted for the variation in dollar value over the decade. These profits show that the average quantity of labour input has increased.
Within five years of getting their PGWP, over three-quarters of all PGWP holders had become permanent residents. According to the report, the high rates of transition to permanent residency could be due to the fact that PGWP holders with Canadian work experience have a better chance of being picked as immigrants. In addition, PGWP recipients may be more motivated to seek permanent status than individuals who did not apply for one.
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