New partnership to leverage CanPR's job matching services and database of qualified immigrant candidates to fill senior healthcare labour shortage gaps
Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - CanPR Technology Ltd. (TSXV: WPR) ("CanPR" or the "Company"), a leading Canadian technology-enabled immigration service provider, is pleased to announce a new national partnership with the Canadian Support Workers Association ("CANSWA"). Through the partnership, the CANSWA will leverage CanPR's job matching services and database of healthcare support workers including nurses, palliative and long-term care providers to help fill persistent shortages in Canada's senior care labour market.
Labour shortages in the healthcare support sector have plagued provinces across Canada with roughly 75,000-90,000 new workers needed to meet current and future demand1. To help address this challenge, many provincial governments have established healthcare strategies and investments to improve recruitment and retention. Despite these efforts, labour challenges are expected to persist given Canada's aging population2.
"Support workers are the bedrock of senior healthcare, and these frontline workers are dwindling in numbers, compromising Canada's ability to help seniors live with adequate care, dignity and the comfort they deserve," said Ian DaSilva, COO, CANSWA. "The future of Canada's ability to service our aging population looks bleak unless we can quickly and sustainably add much needed human capital for these important jobs. I'm incredibly pleased to announce this partnership with CanPR which is an important partner to helping us solve this challenge."
"Canada is an attractive destination for immigrants, and there is an abundance of foreign talent with the skills to help seniors age with a high standard of care," said Akshat Soni, Co-Founder and CEO, CanPR Technology Ltd. "I'm excited to join the CANSWA network as a national partner and offer CanPR's extensive range of job matching services to help find and pair qualified newcomers with support worker opportunities across Canada."
CanPR is an innovative technology platform that assists immigrants in their journey toward permanent residency in Canada and can help expedite hiring new candidates for existing senior care roles. The Company's solution includes tools with predictive technology and online support that takes users through a clear path to improving applications for temporary and permanent residence visas. Its job portal offers resume shortlisting, job applicant video biographies, background checks and artificial intelligence algorithms to help pinpoint candidates based on existing needs.
Visit www.CanPR.io to learn more and follow CanPR on Facebook, Instagram, TikTok and YouTube.
About CanPR Technology Ltd
CanPR Technology Ltd. is a technology platform dedicated to helping immigrants in their journey toward becoming permanent residents of Canada. At CanPR, we offer a range of services to assist with the immigration journey. Our platform provides a comprehensive understanding of the process of immigrating to Canada, completing and tracking immigration applications, connecting newcomers with employers to help them find a job, and post-immigration services to help them settle in Canada. Currently, the platform has over 1,000,000 app installs. For more information on CanPR, visit www.canpr.io.
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1 Projected shortage 2022-2027 Canadian Support Workers Association. Projected capacity gap calculations.
2 CTV News: 'It will get worse over the next 10 to 15 years': What to expect from Canada's labour market as the workforce ages
About CANSWA
The CANSWA is the professional association for personal support workers (PSWs) in Canada, bringing standards and recognition to the vocation every day. The CANSWA, a not-for-profit incorporated legal association and the only one of its kind in the world, bringing together over 60, 000 fully verified PSWs since conception in 2010. The Canadian Support Workers Association works with many PSW employers including VON Canada, SE Health, CBI Home Health, Spectrum plus a network of smaller employers across Canada.
The CANSWA continuously strives to improve the professional status of PSWs in Canada through advocacy for excellence and consistency in training, services, working conditions, and value to those we serve. CANSWA has long advocated professionalizing, modernizing, and regulating the PSW industry to protect vulnerable patients, PSWs themselves, and the future of the industry.
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Forward Looking Statements
This press release contains statements which constitute "forward-looking information" or "forward-looking statements" (together "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions.
Investors are cautioned that forward-looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among key factors and risks that could cause actual results to differ materially from those projected in the forward-looking information may include, without limitation, the demand for immigration services; the demand for PSWs; and changes in general economic conditions and financial markets. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended.
Forward-looking information contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking information has been made as of the date hereof and the Company disclaims any obligation to updates any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information.
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