Canada Fast-Tracks H-1B Pathway to Attract Global Talent Exam-Oriented Summary

1. Initiative: Fast-track pathway for current and former US H-1B visa holders

2. Announced in: Canada’s 2025 Federal Budget

3. Funding for international researchers: CA$1.7 billion

4. Accelerated Research Chairs: CA$1 billion over 13 years

5. Foreign Credential Recognition Action Fund: CA$97 million (2026–27 to 2030–31)

6. Target Sectors: Healthcare, research, and advanced industries

7. Objective: Strengthen innovation, address skill shortages, and attract global talent

In Summary:
Through its 2025 Budget, Canada has taken a decisive step to attract global expertise by offering a fast-track H-1B immigration pathway and significant research funding. This policy not only addresses immediate workforce needs but also builds a foundation for sustainable, innovation-driven economic growth —positioning Canada as a leading hub for skilled talent and scientific advancement.