Canada’s Immigration plan for 2022-2024 to improve the economy by bringing in the skilled workforce.
Canada’s Immigration plan 2022-2024
Canada has revised its immigration plan 2022-2024, which has increased its earlier set target to 432,000 from 411,000. Canada aims at attracting qualified workers to boost Canada’s economy and address the labor shortage while also acknowledging the value of family reunions and assisting the world’s most vulnerable communities through international aid. Immigration has helped shape Canada into the country it is today. Canada key focus is on economic recovery, and immigration is the key to getting there. Setting bold new immigration targets, as outlined in the 2022-2024 Levels Plan, will further help bring the immeasurable contribution of immigrants to its communities and across all sectors of the economy.
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1. Canada’s Immigration in 2022
In 2022, 56% of new immigrants will come through economic-class channels like Express Entry, the Provincial Nominee Program (PNP), and the Temporary to Permanent Residence (TR2PR) stream, which was accessible in 2021. The PNP will be the primary admissions program for low-income immigrants, with Immigration, Refugees, and Citizenship Canada (IRCC) expecting 83,500 arrivals under the program in 2022.
IRCC has cut Express Entry admissions in half for this year, but it hopes to recover to normal levels by 2024 when it expects 111,500 Express Entry immigrants to arrive. The levels plan appears to indicate that IRCC is temporarily decreasing Express Entry admissions to make room for TR2PR admissions. Under the TR2PR stream, IRCC hopes to land 40,000 immigrants in 2022 and the final 32,000 immigrants in 2023.
2. Canada’s Immigration streams
Express Entry draws are continuing on a biweekly basis, and IRCC is processing Express Entry applications. Furthermore, the PNP is used by the majority of Canada’s provinces and territories, and PNP invites have been ongoing since the outbreak began. In 2022, the family class will account for 24% of admissions targets, with 80,000 people expected to enroll in the Spouses, Partners, and Children Program and 25,000 in the Parents and Grandparents Program (PGP). In comparison to its earlier strategy, the IRCC has upped its PGP admissions target by 1,500 slots. The remaining 20 percent of immigrants will arrive under refugee and humanitarian programs.
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3. Canada’s current immigration target
Canada seeks a large number of newcomers to help the country’s economy and finances. Canada requires more immigration to support its population, labor force, and economic growth, as well as to have enough employees to pay the taxes required to support critical social services like health care and education. Reuniting families, giving humanitarian aid, and preserving Canada’s Francophone heritage are among the social immigration goals pursued by the country.
During the pandemic, immigration has undoubtedly become more economically important. Due to increased spending and reduced economic activity as a result of the epidemic, governments across Canada are running fiscal deficits. Furthermore, due to Canada’s aging population, huge economic changes under COVID, and fewer immigrants migrating from outside, firms across the country are experiencing labor shortages.
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Canada has been a favorite study destination for international students all over the globe. Canada is full of opportunities, you can make the most of your experience here. Once you became a student in Canada, you are allowed to work on- and off-campus jobs, have internships, and do co-op placements. You and your spouse or partner can gain valuable experience in the Canadian workforce.
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