Canada Allocates C$440 000 For Immigration To Increase Over Next Three Years
Canada’s Immigration Minister, Ahmed Hussen, confirmed that the Canadian government’s multi-year immigration levels plan is on track and C$440 million will be assigned to ensure its success.
Last November, Canada put aside the one-year immigration levels plan in favor of a three-year plan that’ll span from 2018-2020. The plan aims to increase immigration levels over that time, from an overall admission target of 310,000 in 2018 to 340,000 in 2020.
Did you know?The new multi-year targets represent the highest admissions in more than 10 years and the highest percentage in more than 40 years.
Sixty percent of immigration growth will come from Canada’s economic immigration programs. “The number of skilled immigrants we select through our Express Entry system will grow over this time frame, which will mean more highly skilled talent for our labor market,” said Hussen.
Immigration, Refugees and Citizenship Canada (IRCC) has set a target of 74, 900 new admissions between 2018 and 2020 through the three economic immigration programs managed through the Express Entry system — the Federal Skilled Worker Class (FSW), the Federal Skilled Trades Class (FST) and the Canadian Experience Class (CEC).
“Provincial economies are doing very well and they had asked us to help them meet the soaring demand for workers and for skilled labor,” Hussen said. “They’ve constantly been asking for increases and you see an increase every single year as part of the three-year plan.”
Immigration To Canada Facts
- Immigrants constitute 25% of Canada’s workforce;
- In 1971, there were 6.6 people of working age for each senior person. In 2012, there were 4.2 people of working age for each senior person. By 2036, projections put the ratio at 2.1 persons of working age for each senior citizen. By then, 5.5 million Canadians are expected to retire and almost 100% of Canada’s net population growth will be through immigration; and
- Immigration will help to support the much-cherished public health care system, public pensions, and other social programs in the decades to come