OTTAWA—The federal government could put the equivalent of 370,000 more people to work if it tweaked the immigration system to focus on the long-term needs of the job market, says a new report by Toronto-Dominion Bank.

Unemployment and underemployment among immigrants is worse than ever, the report says, but Ottawa could easily fix the problem.

“We would gain a major competitive advantage if this country were recognized around the world as one where all migrants are successful in being able to practise their own trade and raise their standard of living,” said chief economist Craig Alexander.

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Reference: Toronto Star