Canada Immigration gets CAD1.6 billion investment for 2023-25 plans

Highlights of Canada’s investment in realizing the goals of Canada Immigration Levels Plan 2023-2025

• The 2022 Fall Economic Statement details the plans Canada has to invest in workers to grow the country’s economy.
• The Canadian government has committed to invest CAD1.6 billion over six years to ensure the smooth processing and settlement of newcomers in 2023-2025.
• New funding worth CAD315 million is already active under the watch of the Canadian government.
• An additional CAD50 million for IRCC will be invested by the Canadian government to address issues like application backlogs and processing lags.

More great news from Canada as the 2022 Fall Economic Statement brought to the fore details of the Canadian government’s investment plans to ensure the realization of the Canada Immigration Levels Plan 2023-2025. The Statement was a comprehensive one with plans for various sectors of the Canadian economy, to which Canada immigration is a big contributor.

The Government of Canada enthusiastically reiterated the role of immigration in the economic development of the country. To realize the ambitious Immigration Levels Plan 2023-2025, the government has committed an investment of CAD1.6 million over the next six years. This amount will be used to ensure the smooth processing of immigration applications and settlement of new immigrants arriving in Canada.

It’s essential that faster immigration and quicker as well as effective assistance for newcomers are provided so that they can begin to live and work in Canada better and sooner. Thus, they can fill the vacant jobs in Canada that are desperate for more skilled foreign workers and help the economy stabilize and grow.

The Canadian government will also keep the CAD315 million investment going which is part of a new investment in immigration for the economy. An additional CAD50 million in the 2023-2024 period will be invested enabling the IRCC to achieve the following purposes:

• addressing existing application backlogs
• accelerating immigration application processing
• allowing skilled immigrants to fill critical worker gaps at the earliest

Also read: Canada Immigration Levels Plan 2023-2025 targets 1.5 Million migrants

Canadian ambitions – The Canada Immigration Levels Plan 2023-2025

To give you a perspective on how big Canadian ambitions regarding Canada immigration are, here’s the Immigration Levels Plan 2023-2025.

Immigrant Category		2023	2024	2025
		Target	Target	Target
	Overall Planned Permanent Resident Admissions	465,000	485,000	500,000
Economic	Federal High Skilled	82,880	109,020	114,000
	Federal Economic Public Policies	25,000	-	-
	Federal Business	3,500	5,000	6,000
	Economic Pilots: Caregivers; Agri-Food Pilot; Rural and Northern Immigration Pilot; Economic Mobility Pathways Project	8,500	12,125	14,750
	Atlantic Immigration Program	8,500	11,500	14,500
	Provincial Nominee Program	105,500	110,000	117,500
	Quebec Skilled Workers and Business	See the Quebec immigration plan	To be determined	To be determined
	Total Economic	266,210	281,135	301,250
Family	Spouses, Partners and Children	78,000	80,000	82,000
	Parents and Grandparents	28,500	34,000	36,000
	Total Family	106,500	114,000	118,000
Refugees and Protected Persons	Protected Persons in Canada and Dependents Abroad	25,000	27,000	29,000
	Resettled Refugees - Government-Assisted	23,550	21,115	15,250
	Resettled Refugees - Privately Sponsored	27,505	27,750	28,250
	Resettled Refugees - Blended Visa Office-Referred	250	250	250
	Total Refugees and Protected Persons	76,305	76,115	72,750
Humanitarian & Compassionate and Other	Total Humanitarian & Compassionate and Other	15,985	13,750	8,000

 

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Here are some more highlights of the Immigration Levels Plan 2023-2025

• There’s a focus on growth in the Canadian economy in the long run. There will be a little over 60 percent of admissions of immigrants in the economic class by the year 2025.
• IRCC will use new features in the Express Entry system with the aim of welcoming newcomers possessing the required qualifications and skills in sectors that have acute worker shortages including manufacturing, healthcare, STEM, and building trades.
• There will be an increase in regional immigration programs to meet targeted local job market requirements through PNP, AIP, and RNIP programs.
• Canada will work on reuniting a larger number of families, faster.
• IRCC will ensure that a minimum of 4.4 percent of newcomers immigrating outside Quebec are Francophones.
• Canada will give support for global crises. The Canadian government will do it by ensuring a safe haven for people who face persecution. For this, Canada will expand the Economic Mobility Pathways Pilot.

Also read: Targeted Canada immigration draws in 2023; Doctors, nurses get priority

If you are willing to migrate to Canada, talk to Y-Axis, the leading immigration and career consultant in the UAE.

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