Immigrants are key to Canada’s Economic Growth and Recovery

Canada is popular as the land of Immigrants with 8th largest immigrant population in the world. The overseas-born people make up about one-fifth (21%) of the overall population of maple leaf country. Canada’s annual immigration is one of the highest rates per population of any country in the world. It also ranks top among the best countries in the world to live, as per US News and World Report best country survey.

This is the reason that every year a huge number of skilled and talented people move to Canada on different visas.

Immigrants contribute to Canada’s economy

Immigrants have significantly contributed to Canada’s economy in the past and they are continuing to do the same until date. The skilled and talented immigrants not only fulfil the skill shortage across the different provinces and territories, but also create jobs for Canadians.

Also read- How to apply for PR visa in Canada from India? Find out pathways and requirements

The Canadian government thoroughly recognize the role and contribution of the immigrants. Here are few of the key facts revealed by IRCC (Immigration Refugees, and Citizenship Canada) about immigrants and their role in Canada’s economic recovery:

• In 2021, Canada welcomed record number of permanent residents more than 405,000
• Immigrants account for almost 100% of Canada’s labor force growth and nearly 80% of population growth
• Canada regained many of the jobs lost during the pandemic, but there remain 960,000 unfilled positions across all sectors
• By 2030, five million Canadians are set to retire and worker to retire ratio will drop down to 3:1

• This is a clear sign that we have a strong economic need for increased immigration
• The 2022-2024 Immigration Levels Plan aims to welcome 431,645 permanent residents in 2022, 447,055 in 2023, and 451,000 in 2024.
• By 2024, overall admissions will amount to 1.14% of the Canadian population with nearly 60% of admissions in the economic class
• Working to increase Francophone immigration to reach a target of 4.4% of French-speaking immigrants outside Quebec by 2023
• Spreading the benefits of immigration to communities all across Canada 

Canada needs immigrants- Its High time to apply for immigration to Canada

It is clear from the above facts that Canadian government is eying to welcome nearly 1.5 million new permanent residents in next 3 years. Canada has 960,000 unfilled positions and 5 million Canadians are set to retire by 2030. Keeping these statistics in mind, it is evident that Canadian government will need skilled and talented people from overseas to meet the skill shortage in the country.

In 2022 alone, the IRCC (Immigration Refugees, and Citizenship Canada) looking to admit 431,645 new immigrants. Hence, this is the best time to apply for Canadian PR (Permanent Residence) visa.

To check your eligibility and prepare your file for popular Express Entry System and Provincial Nominee Program (PNP), you may contact Canada migration expert at Visas Avenue on Toll-Free-Number- 78-18-000-777. Alternatively, you can drop us an e-mail at info@visasavenue.com.

- Rajneesh Kumar