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Canada to ramp up immigration to boost economic growth

The federal government has set targets to integrate 465,000 permanent residents in 2023, 485,000 in 2024 and 500,000 in 2025.

TORONTO — The federal government has released its 2023-2025 Immigration Levels Plan, detailing how it will use immigration to help businesses find workers and attract the skills required in sectors that have experienced talent shortages.

Through this plan, the federal government anticipates that businesses in the skilled trades, health care, manufacturing and technology will be in a better position to manage the social and economic challenges the country is expected to endure in the decades ahead.

According to Canada’s Ministry of Immigration, Refugees and Citizenship, 405,000 newcomers transitioned into the country last year, representing the highest number of immigrants moving to Canada in a single year.

Now, the federal government has set targets to integrate 465,000 permanent residents in 2023, 485,000 in 2024 and 500,000 in 2025. The plan also brings an increased focus on attracting newcomers to different regions of the country, including small towns and rural communities.

Highlights of the levels plan 

  • A long-term focus on economic growth, with just over 60 per cent of admissions in the economic class by 2025
  • Employing new features in the Express Entry system to bring in newcomers with the required skills and qualifications in sectors facing acute labour shortages such as, health care, manufacturing, building trades and STEM (Science, Technology, Engineering and Math)
  • Increases in regional programs to address targeted local labour market needs, through the Provincial Nominee Program, the Atlantic Immigration Program, and the Rural and Northern Immigration Pilot
  • Reuniting more families faster
  • Ensuring that at least 4.4 per cent of new permanent residents outside Quebec are Francophone
  • Support for global crises by providing a safe haven to those facing persecution, including by expanding the Economic Mobility Pathways Pilot.

Reposted from https://www.canadianmanufacturing.com/manufacturing/canada-to-ramp-up-immigration-to-boost-economic-growth-286639/

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