September 8th, 2014
See how Mississauga real estate makes you feel at home.
Summer has brought in many new immigrants to Mississauga. Sometime ago I read in Reader’s Digest that both in the USA and Canada, new immigrants are responsible for a thriving economy. Immigrants as a whole are better educated and those with marketable skills get brownie points. With their advent, industries grow and job vacancies rise.
Canada especially stresses on skilled immigrants who have gone on to strengthen the economy with their valuable expertise. Canadian immigrants come from different cultures and nations which consequently translate to greater expertise, linguistic skills and connections with their country of origin, promoting trade and strengthening international relations.
However, with a shrinking local population in some provinces and declining skills, a shortfall of 3 million skilled workers by 2020 is estimated in the future.
Undoubtedly, Canada has the highest per capita immigration in the world, even though the immigration rate has declined sharply since the early 20th century. The high immigration rate is attributed to the country’s rich economy. Canada is one of the world’s largest suppliers of natural resources such as lumber, metals and oils. In recent times, the real estate, medical, pharmaceutical and IT sectors have also registered a sharp growth in investment and sales, which is most visible in the Greater Toronto Area, especially Mississauga.
Even as the demand for immigrants is on the rise, the difficulties they face after arriving here make many others think twice. To beat this trend, the government in Canada, especially Ontario, has taken it upon themselves to make things easier with several grants and benefits for first time buyers, especially in housing and real estate. For example, new immigrants are offered home loans with down payment of 35% even with no credit history and job.
Canada Mortgage and Housing Corporation’s (CMHC) newcomer’s guide to Canadian housing gives useful insight into the Ontario Housing market. If you have set your sights on Mississauga, visit Mississauga neighbourhood links to find out about the best places for living, working, schooling, shopping etc.
Mississauga believes in the spirit of community. No matter which part of the city you choose to live in, you will find people who can help you adapt to your new life and fit into our Canadian society. In the weeks, months and years ahead, you will have many opportunities to participate fully in Canadian life. You and your family can grow together, side by side with other Mississaugans and make a better life for everyone. This is your new home. Welcome to Mississauga!No tag for this post.