The future will likely necessitate an increase in Canada's immigration levels

On November 1, 2023, Canada declared its intent to uphold immigration levels at around 500,000 per year in 2025 and 2026. Despite record-breaking current levels, a Royal Bank of Canada report indicates these may need to increase to support the population and labour market demands.

Canada's aging population and low fertility rate (1.40 births per woman) necessitate immigration for replenishment. This also applies to the labour market supporting Canada's ninth-largest global economy. These factors underscore the importance of immigration for Canada's future health and prosperity. This likely motivates the country's current high-paced immigration, yet the stabilization of targets tells a more complex story. Immigration is important because of this combination of factors that prevent Canada from restoring its population solely through natural birth. Further demands that Canada's economy (ranked ninth in the world by GDP) places on its labor market—which is affected by the same replenishment issue that Canada's population faces—are linked to this issue.

These two elements serve to highlight the need for immigration in order to preserve Canada's prosperity and overall prosperity going forward. With this knowledge in hand, it would make sense to conclude that these are the causes of Canada's current record-breaking immigration rate. This is only half of the story, though, when one considers the present support of immigration targets.

Targets of the 2024-2026 Immigration Levels Plan Canada

The following table summarizes Canada's immigration goals for the years 2024-2026:

Immigration Class	2024	2025	2026
Economic	281,135	301,250	301,250
Family	114,000	118,000	118,000
Refugee	76,115	72,750	72,750
Humanitarian	13,750	8,000	8,000
Total	485,000	500,000	500,000

Join our RSS Feed

Want to know more details about the “The future will likely necessitate an increase in Canada's immigration levels” you can contact one of our immigration specialists at Gunness & Associates.

Tel: (416) 604-2669

Email: info@immigrationmatters.info

Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.

For honest and straightforward advice, contact the experts

at Gunness & Associates

Get a free Assessment

Join our newsletter and get up-to-date immigration news Click here

Comments

Canada may recruit DACA recipients

Canada may recruit DACA recipients Deferred Action for Childhood Arrivals (DACA) is a program that protects and provides work authorization to immigrants brought to the US as children. Over 570,000 Dreamers are currently protected by DACA and are productive members of the American economy. However, the program is in legal limbo as Congress has failed to authorize permanent protection, and Republican states are suing to terminate it. Canada is actively recruiting immigrants with US work experience or education and could also attract DACA recipients, highly educated and qualified workers. Canada's Express Entry system could be a viable option for Dreamers, who would be competitive candidates. If Canada poaches Dreamers, the US will face significant economic losses as Canada reaps the benefits of highly productive US-trained immigrants. Canada has stepped up its efforts in recent months to deliberately recruit immigrants with prior education or work experienc...

BC invited up to 218 skilled candidates under the BC PNP

BC invited up to 218 skilled candidates under the BC PNP On February 6, 2024, the Government of British Columbia held new invitation draws under the British Columbia Provincial Nominee Program (BCPNP) and issued invitations to apply to qualified and skilled candidates with work experience in healthcare, childcare, construction, and veterinary care occupations. In the general draw, the province invited 102 candidates. The minimum score for candidates invited to this draw was 97 points. BC issued 46 ITAs to candidates under the childcare-targeted draw for early childhood educators (NOC 42202). In the Healthcare-targeted draw, British Columbia invited 39 candidates who scored 60 points. The province also issued 26 invitations to candidates working in the construction sector. Furthermore, up to five invitations have been issued to candidates working in veterinary care occupations. In total, British Columbia issued up to 218 ITAs in this draw. This year, British Colum...

IRCC sets new wage rules for employers recruiting temporary foreign workers

IRCC sets new wage rules for employers recruiting temporary foreign workers From January 1, 2024, employers recruiting through the Temporary Foreign Worker Program (TFWP) must adjust foreign workers' wages to match updated prevailing rates, as per Immigration, Refugees and Citizenship Canada (IRCC). Although some employers are exempt, this usually requires a Labour Market Impact Assessment (LMIA). The Job Bank updates provincial wage differences annually. Canada is inviting foreign workers to boost its economy amid labor shortages, with potential losses of $38 billion due to shortages, as the Canadian Federation of Independent Business (CFIB) reported. Foreign workers in Canada are legally entitled to the same rights as Canadians, with employers required to ensure a fair work environment and access to healthcare. Even if the prevailing wage falls, the updated wage can never fall below the wage identified in the positive LMIA at any time during a TFW's employment period. Emplo...

Gunness & Assocaites | Canadian Immigration specialists in Ontario

Search This Blog