How to apply for Canada PR as an Accountant in 2024?

The finance industry in Canada has experienced a big change. One of them being a shift towards automation, big data, and innovative technologies like blockchain and AI. What you need as an accountant is definitely a tech skill update too.

If you are aiming to work as an accountant in Canada, learn new skills to be able to easily transition to technical and digital surroundings. To adapt is an added qualification, specially for accountants in this day and age. 

You can know how to apply for Canada PR as an accountant. This being the top rated professions for 2024 there are sure to many interesting job openings for interested applicants.

How to apply for Canada PR as an Accountant in 2024?

The average age of customers is changing now, which is why employees need to cater to the younger client base.  

Trends in Accounting for 2024 

• Automation has replaced many low-level accounting procedures. 

• For example: Cloud-based accounting systems can manage repeated low level work like doing data entries. 

• Upgrade in Technology and data analytics means increased need for technical accounting and tax knowledge.

• Teams for Automation and artificial intelligence (AI) free human accounting to concentrate on difficult and high value tasks.

• In the future, financial experts with high-level accounting skills and complete technical skills shall be employed. 

How to apply for Canada PR as an Accountant?

1st Step - You as an applicant must complete a recognized accounting program in Canada like a bachelor’s degree in Business or Accounting. 

2nd Step - You also need a certified Canadian Professional Accountant (CPA) position. This can take years of study and work experience. Get enrolled in a CPA program. This program covers subjects like financial accounting, management accounting, taxation, and audit and assurance.

3rd Step - Complete the CPA program by scoring the minimum grade requirements. 

4th Step - Give your Common Final Examination (CFE) which tests your knowhow of accounting and business skills. To be qualified for sitting for this exam you need to first finish your CPA program. 

5th Step - Once you have completed your CFA program and CFE exam you can get a license from a provincial or territorial CPA entity. 

Canada PR programs you can apply for as an Accountant

Canada PR programs for Accounting profession	Details
Federal Skilled Worker Program (FSWP)	You are qualified to apply as a CA under the FSWP program if you have a minimum 1 year of experience in a skilled profession.   Also, you need to meet the other qualifying criteria to apply under this PR program.   Meet the IELTS requirement for Canada PR of 6.0 across all bands.
Provincial Nominee Program (PNP)	PNPs permit provinces and territories having the skills required by the region.   Every province has their own programs with some having particular streams for Accountants.
Occupation in demand	You get nominated through NOC codes under PNPs. Look for the updated in-demand occupation list of provinces   This will let you know whether they are hiring for accountants. This job is currently in high demand.
Express entry	You can apply under the Federal Skilled Trades and Canadian experience class. Your profile is added to the pool of candidates once you achieve the required CRS scores. You can calculate your scores with the tally tool called CRS score calculator. High scorers get an ITA for Canada PR.
Quebec Regular Skilled Worker Program	The Quebec province issues invitees for settling in the province. They do this through RSWP. Accounting professionals can even file for an EOI under the RSWP.
Atlantic Immigration Program	The AIP is a federal immigration program which issues PR visas to settle in one of the 4 Atlantic provinces. Province names are New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island.

Average Salaries of an Accountant in 2024 

Average Base Salary in Accountant	Salary Amount
Per Hour	$27.61
Per Day	$281
Per Week	$1,120
Per Month	$4,334
Per Year	$61,220

City wise salaries for Accountants

Name of Canada city	Salaries (per year)
Calgary	$66,526
Montreal	$65,787
Toronto	$61,672
Vancouver	$60,532

PNP Streams for Accountants 

Canada Province Name	PNP streams
British Columbia	B.C. Skills Immigration - Skilled Worker.  Applicants with job offers in B.C in a NOC TEER 0, 1, 2, or 3. This stream also has an Express entry route
Alberta	Alberta Express Entry Alberta Opportunity Stream
Ontario	Express Entry Human Capital Priorities Express Entry French-Speaking Skilled Worker OINP Employer Job Offer – Foreign Worker Stream
Manitoba	Skilled Workers in Manitoba Skilled Workers Overseas
Nova Scotia	Nova Scotia Express Entry Labour Market Priorities Skilled Worker Stream
New Brunswick	Skilled Workers Stream
Saskatchewan	International Skilled Worker – Employment Offer.  Financial auditors and accountants are not included in SINP Express Entry streams and Occupations-In-Demand programs.
Newfoundland and Labrador	NL Express Entry Skilled Worker Skilled Worker stream
Prince Edward Island	PEI PNP Express Entry Skilled Worker Outside PEI
Northwest Territories	Northwest Territories - Express Entry Skilled Worker stream of Northwest Territories.
Yukon	Yukon Express Entry (YEE) Skilled Worker of Yukon

Conclusion

The role of an accountant is very important to the finance sector in Canada.  If you need to know how to apply for Canada PR as an accountant you can explore pathways and requirements. In case you have more queries you can visit some of the best canada immigration consultants in India. They will help you in every step of your immigration process/

How to Apply for Canada PR in 5 simple steps

Canada has the required ingredients to live, work and settle for the long term. You can even include your family members in the application as well so that they can have access to the perks which come when you apply for Canada PR visa.

Because of a persistent labor shortage, an increasingly aging population, and low birth rates are some of the very pressing issues because of which it is best to apply for permanent residency. Canada needs immigrants like never before setting targets which shall help in revamping and restructuring the Canadian economy as a whole.

Also, the job vacancies in Canada have reached a historic all-time high wherein the labor market of Canada needs skilled professionals who can get their visa for permanent residency via the Canada Express entry program that manages economic immigration programs such as the Federal Skilled Worker Program (FSWP), Canadian Experience Class (CEC), and Federal Skilled Trades Program (FSTP) are a few of them.

An application management system like the express entry system is basically a points-based system wherein you need a score of 67 points or more. Once you get a higher score you shall be given an Invitation to apply for permanent residence in a nation like Canada which provides all the necessary benefits such as insurance cover that is helpful since it helps you save a lot.

Points are granted based on multiple reasons such as age, work experience, education certificates, fluency in English or French language as well as other factors such as arranged employment and a genuine interest in living in the province as well as being able to economically establish themselves in the province. 

Once you are in the Canada Express entry program pool by creating an express entry profile. Your 67 points determine your initial eligibility into the pool after which you are ranked against what is known as a Comprehensive Ranking System. 

In this pool, you are granted points based on your individual factors. such as spouse skills, skills transferability, bonus points as well as core human capital factors. If you have CRS, then you can get 600 points extra from provincial nomination. You get nominated if your profession is present on the updated eligible skills occupation list.

The 67 points are needed in one of the Federal Skilled Worker programs and are calculated upon 100 whereas the comprehensive ranking system is calculated out of 1200 points. To even get a nomination or even the required points you need to know how to apply for Canada PR visa in general. We in this article shall elucidate on the step-by-step process for the same. 

Step 1 -  The first step is to fill out an online application form by signing in to your account, which can even be used to check the status of your application. After this, click the link to apply for permanent residence under Canada Express entry 

Once you fill out the application ensure that you have uploaded all the required documents. Take your ECA which is an educational credential assessment by an authorized assessing body of Canada to see whether it matches the Canadian education standards. 

Step 2 -  Do give your IELTS exam as the test results will need to be attached by approved test providers like IELTS or PTE based on different bands of writing, reading, speaking, and listening. This will add to your score for initial eligibility 

Step 3 - This step involves the creation of your Express Entry profile by registering under the Federal Skilled Worker program Express Entry program online. This profile is then submitted to the Express Entry pool based on whether or not you are eligible. You can even apply for provincial nominee programs as an option since it can help you gain points and increase your chances of receiving an invitation to apply for a PR visa. 

Step 4 - Submission of documents like a valid passport or travel document, test results, or a written job offer from a Canadian employer as well as proof of funds in the form of bank statements or pay stubs to prove that you have sufficient funds to support yourself and your family in Canada. 

Also, submit your police certificates to show that you have no previous criminal record, take medical exams as well as a birth certificate. You shall be provided a personalized document checklist for submission. 

Pay your fees for processing fees for your application, and if family members are included then add theirs as well. The right of permanent residence fee as well as the biometric fee is also essential. You can make this payment via an online account. 

Step 5 - Receive your Invitation to apply which you must within 60 days you receive your application. Do not delay this step and submit them along with all the required documents. Once you receive a request for visa stamping, soon after which Confirmation of Permanent Residency (COPR) is sent to you.

Manitoba PNP Program offers 5000 nominations annually

Manitoba PNP Program currently offers Canada PR Visa nominations to 5000 candidates every year. Manitoba Province was the first among the provinces in Canada 1998 to start the Provincial Nominee Program.

Manitoba is a highly renowned destination for immigrants arriving in Canada. 90% Plus of the MPNP nominees receive jobs in their first year. With nearly 90% of nominees deciding to remain in the province, Manitoba also has a high rate of retention.

The enhanced immigration categories under MPNP are linked with the Express Entry Program. It is an application management system of the Federal Government for PR Visa applications. The applicants are offered scores according to CRS or Comprehensive Ranking System. Those securing the highest rankings get ITA for PR Visa.

Manitoba PNP Program offers 5000 nominations annually

If you receive a nomination from an enhanced MPNP stream, you receive 600 additional points in CRS. It means you are all set to get the Invitation to Apply for Canada PR Visa in the subsequent Express Entry selection draw.

Candidates receiving nomination through a base stream have to directly apply with Immigration, Refugees, and Citizenship Canada.

How does the Manitoba Provincial Nominee Program work?

You have to file an EOI if you seek to move to Canada through MPNP. After completing the online questions you will get a score. Candidates securing the highest scores get invitations to apply for a nomination from MPNP.

Candidates who are successful in their application are offered the nomination for PR Visa from Manitoba. They can then apply with IRCC for Canada PR Visa with this nomination. If you have received a nomination through an enhanced stream, you have to complete this via the Express Entry System.

MPNP normally processes the nomination applications in roughly six months. It is apart from the time taken by IRCC to process the applications for PR Visa.

Immigration Streams under Manitoba PNP

If you wish to immigrate to Manitoba, then you have 5 major MPNP immigration categories:

Manitoba Skilled Worker Stream

The Skilled Worker category is for provisional overseas workers and overseas student graduates currently working in Manitoba. They must have a permanent, full-time work offer in Manitoba. It has 2 sub-categories:

• The Work Experience Manitoba Pathway – It is for individuals working currently in Manitoba with a provisional Work Permit
• The Direct Employer Recruitment Pathway – It requires an in-person interview by a Manitoba PNP representative and a Manitoba employer conducted overseas. Before applying through this pathway you must receive an ITA - Invitation to Apply.

Overseas Skilled Worker Stream

The Overseas Skilled Worker category is for eligible skilled workers who are overseas but can prove a strong connection or ties to the Manitoba province. It consists of two pathways:

• The Manitoba Express Entry Pathway – It is for candidates having profiles in Express Entry and is qualified for MPNP. They must also possess work experience in an occupation included in the MPNP List of In-demand Occupations and possess a strong link with Manitoba.
• The Human Capital Pathway – It is for overseas skilled workers having work experience in the list of ‘In Demand Occupations’ in Manitoba.

Business Investor Manitoba Stream

The Business Investor Stream of Manitoba is for individuals who wish to set up a business in Manitoba. It consists of two pathways:

• The Farm Investor Pathway – It is for candidates having experience in the farm business and who seek to arrive in Manitoba for establishing and operating a farm.
• The Entrepreneur Pathway - It is a pathway for the province for recruiting qualified overseas business owners to move to Manitoba. For being selected, the candidates must possess the intention and the capability for establishing or buying a fresh business or co-owning a current business in Manitoba. They have to do so during their first 24 months in the province.

Overseas Education Stream

The Overseas Education Stream is for overseas graduates from Manitoba seeking to remain permanently in the Province. It offers quicker PR Visa options to graduates who can fulfill the labor market needs of Manitoba.

The stream consists of three pathways:

• The Graduate Internship Pathway
• The Career Employment Pathway
• The Overseas Student Entrepreneur Pathway

Morden Immigration Initiative Driven by Community

A town situated to the southwest of Winnipeg, Morden is actively seeking immigrants who can work in specific occupations. It is to fulfill the needs of the labor market and obtain the status of Canada Permanent Residents.

To qualify for the MCDII, applicants have to fulfill specific criteria like work experience, language, education, and age. Apart from this, they must not possess a link with any other region in Canada and possess adequate funds for settling in Morden.

Nationwide Visas is the leading Canada PR Consultant in Bangalore. To know more about MPNP Immigration Pathways or SINP Points Calculator, connect with our ICCRC-accredited Immigration Consultants.