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As long as "temporary" foreign worker programs exist, there isn't a shortage of labour as far as the elite are concerned.
A limited pool of local applicants is a benefit to them. Then they get to bring in foreigners who don't know the value of their work in a western country and don't know the laws that protect them, both labour laws and actual criminal laws.
They also import social unrest and friction, and foster resentment towards the foreigners instead of the capitalists. Essentially the reason why I am opposed to most forms of immigration, while subscribing to generally leftist ideals.
Also theyre being used to allow for continued captialist growth while ignoring issues that are leading to stagnant or even regressive birth rates.
A great example there being Justin Trudeau's immigration policy.