The Hispanic Business Community

The Toronto Hispanic Chamber of Commerce THCC recently released a report that was the first of its kind in Canada, defining the profile of the Hispanic business community in the GTA.

The group recorded more than 500 Latin American-owned businesses in the city, mostly in the food and beverage sector and personal and professional services, such as legal, accounting and immigration consultation.
Out of the few hundred professionals it surveyed, 91% reported having a bachelor degree or higher.

The THCC also estimates the economic impact of Latin American businesses on the Toronto-area economy at anywhere from $49.2-million to $73.8-million in direct effects.

“These people are educated, they come with a decent amount of money and they’re looking for not only a new life but to be recognized in terms of their quality of work and experience and education that they have,” says Jacob Moshinsky, THCC chairman and Mexican-born entrepreneur. He now runs Ñ Communications.

Having a high level of education is an emphasis for Latinos entering the Canadian immigration system, particularly under programs like the Federal Skilled Workers, and the Quebec Skilled Workers. The Minister has given clear instruction to the visa offices to manage the Fast Track Skilled Worker cases efficiently and to keep processing times down to 6-12 months. At the present, there are 29 approved occupations which are fast tracked, if your particular occupation falls under this list, DO NOT delay, the current list may change anytime without any notice.

According to the (THCC).The Canadian business community is not aware that there is an up and coming Generation Ñ.

Entrepreneurs and professionals from Latin America are starting to do their own thing. Unlike the generation of Latin American immigrants before them, they are younger, more educated, bilingual and business-savvy. Here we profile this business and invite to enjoy !!