Companies that fail to capitalize on the skills of new immigrants are aggravating Canada’s productivity woes by erecting employment barriers that hamper innovation and economic growth.

And if foreign-born workers continue to experience the promise of prosperity as hollow, this country risks losing the growing global war for talent as Brand Canada is tarnished abroad.

Those are the main findings of a new report, to be released Tuesday, by Deloitte. The study adds to a growing body of research warning that Canadian living standards are being threatened by outdated hiring practices that hamper business growth.

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