H1B Visa Ban and the Opportunities in Canada

U.S. President Obama signed $787 billion bailout package with the provision to restrict H1B workers in companies that receive federal assistance. The measure, as finally approved by the Congress, would require the bailed-out banks to hire only Americans for two years unless they could prove they were not replacing laid-off Americans with guest workers, according to Bernie Sanders one of its sponsors. However, the bar affects only firms receiving bailout funds hiring new workers to replace laid off US citizens. The ban does not affect existing workers. It also doesn’t restrict the bailed out companies to outsource the work to…

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