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Canada to welcome 500,000 new immigrants in 2025

Canada to welcome 500,000 new immigrants in 2025

Canada recently unveiled its Immigration Levels Plan for the years 2023–2025. In 2023, Canada plans to take in 465,000 additional immigrants. In 2024, the goal will increase to 485,000 new immigrants. By 2025, there will be an additional 500,000 immigrants. In 2021,...
Immigration may help Canada lower interest rates

Immigration may help Canada lower interest rates

The policy interest rate was raised by the Bank of Canada (BoC) on October 26 by 50 basis points, or to 3.75%. Contrary to what some people may believe, there is no link between immigration and interest rates, and economists like Capital Economics’ Stephen Brown...
Express Entry CRS score drops to 496

Express Entry CRS score drops to 496

Canada held its most recent all-program Express Entry draw on October 26. Since all-program drawings resumed on July 6, this is the ninth drawing. 4,750 applicants with a minimum Comprehensive Ranking System (CRS) score of 496 received invitations. Invitations could...
IRCC: PGP 2022 immigration lottery has been completed

IRCC: PGP 2022 immigration lottery has been completed

The Parents and Grandparents Program (PGP) lottery for 2022 is already over. The Canadian PGP aims to assist Canadian sponsors in reuniting with their family members, allowing these parents and grandparents to obtain Canadian permanent resident status and take...
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