The Canadian Government has revealed its plans in regards to immigration; they plan to welcome half a million immigrant per year by 2025 to help tackle the problem of labour shortage.
Sean Fraser, who is the Minister of Immigration, Refugees and Citizenship did release the 2023-2025 Immigration Levels Plan which aims to embrace immigration as a strategy to help business find workers and to also attract the required skills in some key sectors.
Based off the new release from the Immigration ministry, it was reported that the Canadian Economy is now facing some kind of critical labour market shortages which is causing uncertainty for both Canadian workers and business.
In 2021, this country did welcome over 405,000 newcomers, that was the most in a single year.
According to the immigration plan, the Canadian government is continuing that ambition by setting a target in the new levels plan for 465, 000 permanent residents in 2023; 485, 000 in 2024 ; and 500,000 in 2025.
“Our plan has a focus on economic growth.
“By the third year of this plan, 60% of new immigrants will be admitted under economy immigration categories,” Fraser said.
The plan will bring about an increased focus on attracting newcomers to the different regions of Canada, and this will include small towns and rural communities.
Immigration accounted for about 100% of the Canadian labour force growth and by 2023; it is projected to account for 100% of the population of Canada’s growth, the released said.