Canada’s Immigration Plan – 2022
Canada aims to welcome 411,000 new permanent residents in 2022, and 421,000 in 2023.
Why Canada needs immigrants?
Canada has one of the world’s oldest populations and also one of the world’s lowest birth rates. This creates economic and fiscal pressures. Canada has a low rate of natural population growth which results in low rates of labour force and economic growth. Low economic growth makes it difficult for Canada to raise the taxes it needs to support social spending on services such as education, health care, and other important areas that provide high living standards in the country.
Canada is a country mainly dependent on immigrants due to it’s current population and low birth rate. The reality is that Canadians simply aren’t having babies as quickly as we need to be in order to continue at the same rate of population. When combined with a workforce that is largely aging, it begins to make sense that further worker shortages are projected in multiple areas in the near future.
Immigration is one of the most efficient ways to help decrease labour shortages and increase the productivity that every Canadian business needs to be successful. And in addition to the fact that immigrants are an essential component to maintaining a workforce throughout the pandemic, immigrants will also be essential to our recovery after it ends.
Faced with an aging population and declining fertility rates, as well as labour and economic challenges, the Canadian labour force and population growth will depend even more on immigration. In fact, immigration accounts for 100% of Canada’s labour force growth, and immigrants will represent up to 30% of Canada’s population by 2036, compared with 20.7% in 2011.
Canada’s plan for Immigration – 2022
Canada will welcome more than one million new permanent residents between 2020 and 2022. With annual increases ensuring the highest Canadian immigration levels in modern history.
“Immigration is essential to getting us through the pandemic, but also to our short-term economic recovery and our long-term economic growth. Canadians have seen how newcomers are playing an outsized role in our hospitals and care homes, and helping us to keep food on the table,” Mendicino said.
In total, Canada plans to admit around 1,053,000 new permanent residents over the three-year period. As many as 1,140,000 to be admitted if the Liberal government hits the upper range of its targets.
Of these, the majority (approximately 58 percent) are set to be admitted as economic migrants, encompassing a range of programs at the federal and provincial levels. The most well-known of these are the federal economic programs managed under the Express Entry system. Namely the Federal Skilled Worker Class, the Canadian Experience Class, and the Federal Skilled Trades Class.
Immigration Class Bifurcation:
The following table summarizes Canada’s immigration targets between 2021-2023 by immigration class:
If you are a skilled worker with work experience or an entrepreneur, then a work permit followed by Express Entry or PNP Business streams are options you should seriously consider. With multiple options ranging from FSWP to Owner-Operator LMIA Work Permit, you should seek professional immigration guidance at the earliest to boost your chances of making your Canadian immigration dream come true.
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