Canada changes immigration rules – Capitalism

Canada changes immigration rules – Capitalism

Canada's Immigration Plan for 2024-2026 was recently released on the official website of the federal Department of Immigration, Refugees and Citizenship Canada (IRCC). According to the document, Canada plans to receive about 500,000 immigrants annually, which represents the highest number in the country's history.

In the period 2024-2026, Canada intends to increase the number of immigrants accepted. If in 2023 IRCC plans to grant residency to 465,000 foreigners, in 2024 this number will increase to 485,000, and in 2025 and 2026, the number of new permanent residents is expected to reach 500,000 annually. The country's immigration goals include boosting the economy, reuniting families and helping refugees.

As for immigrant categories, the plan gives priority to highly qualified specialists, family members of permanent residents of Canada and refugees. It is worth noting that according to the plan, the number of French-speaking immigrants will increase significantly over the next two years, as Canada plans to receive 36,000 French-speaking expatriates in 2026, compared to 26,100 in 2024.

Canada

Canada seeks to increase the number of immigrants due to an aging population, declining birth rate, and to maintain economic development. A significant increase in the retirement age population is expected by 2030, which will lead to higher costs of health care and social benefits. Additionally, the COVID-19 pandemic has impacted the Canadian economy, increasing the need for more immigrants in the coming years.

To facilitate the transition to Canada, there are about 60 immigration programs, divided between the federal and provincial governments. Federal programs like Express Entry target qualified professionals, while provincial programs offer less stringent requirements and financial aid. Popular programs include the Federal Skilled Worker (FSW) program, the Federal Skilled Trades Class (FSTC), the Canadian Experience Class, provincial programs, and programs for refugees, skilled workers, caregivers, businesses and families.

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These programs represent the easiest and most convenient ways to immigrate to Canada, as the country's authorities provide clear guidance on immigrant requirements.

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