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Canada's Ambitious Immigration Plan: Focusing on Skilled Workers and Addressing Economic Needs

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Canada recently unveiled its updated immigration projections for the coming years, showcasing an ambitious plan for welcoming immigrants into the country. The government has decided to mntn its target of admitting 485,000 new immigrants in fiscal year 2024 and scale up gradually over the next two years with plans to welcome around 500,000 newcomers annually by 2025 and 2026.

A detled breakdown reveals that Canada ints to primarily focus on welcoming skilled workers through its economic class programs. Specifically, about 58 of total new arrivals will come under the economic framework, equating to around 281,135 immigrants. Express Entry, a key component of this process, anticipates admitting approximately 110,700 permanent residents in fiscal year 2024.

The family class category is set for welcoming about 114,000 individuals or roughly 24 of all admissions. This includes the sponsorship routes for spouses and partners at an estimated total of 82,000 immigrants, along with parents and grandparents to be admitted through the Parents and Grandparents Program PGP to a target of 32,000.

itarian admissions will account for about 19 or around 89,865 new arrivals. This includes refugees, protected persons, and those who are granted entry due to itarian reasons. The Provincial Nominee Program PNP, which allows provinces to designate immigrants to fill local labor market needs, welcome approximately 110,000 newcomers.

In conjunction with this plan, Canada also ints to streamline its temporary resident admissions program to ensure it remns sustnable while addressing concerns related to affordability and housing.

This initiative underscores three mn goals:

  1. Improving the welcoming experience for newcomers.

  2. Aligning immigration policy with labor market demands.

  3. Implementing a comprehensive and coordinated growth strategy.

The current immigration policy is grappling with issues like an affordability crisis and housing shortage, which have led to surveys indicating that fewer Canadians are in favor of high levels of immigration compared to previous years. However, Immigration, Refugees and Citizenship Canada continues to set high targets due to the need for skilled labor given low birth rates and imping retirements among Canadian workers nearing age 65.

Quebec province has also outlined its plan for immigration levels for fiscal years 2024 and 2025, ming to welcome roughly 50,000 immigrants in each year. A significant change is that Quebec plans to ext open work permits to H-1B visa holders to strengthen the tech sector's competitiveness.

Canada faces another pressing issue worldwide: over 100 million displaced migrants due to conflicts, poverty, hunger, violence, and environmental disasters like earthquakes, droughts, and climate change. Canada could play a pivotal role in addressing this global challenge alongside other countries as an advocate for coherent international policies on migration management.

In , Canada's ambitious immigration plan strike a balance between its economic needs, welcoming newcomers while ensuring sustnable growth. The country is also tackling issues like affordability, housing shortages and displacement of migrants through new strategies and initiatives med at creating a more inclusive society.

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This article is reproduced from: https://www.forbes.com/sites/andyjsemotiuk/2023/11/03/canada-announces-immigration-projections-for-2024-and-beyond/

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