According to Statistics Canada, there are now around one million job opportunities in Canada, an all-time record. More than 80% higher than pre-pandemic levels, this was a rise of 2.7% over the peak of the previous quarter. In recent years, this is the highest level ever noted. Vacancies in key industries are going up over time. The ageing population has led to a rapid expansion in the health care and social assistance sectors, creating high demand without adequate supply within that sector. The shortage has been made worse by the COVID-19 outbreak. Due to the severe shortage of competent workers in Canada, many firms are having trouble filling positions.
The new immigration plan reflects the current state of the Canadian labour market, it shows that the government is using immigration as one of the ways to resolve this issue.
KEY TAKEAWAYS FROM THE IMMIGRATION LEVELS ANNOUNCEMENT
1. In 2025, Canada will welcome 500,000 new immigrants. Listed below is the numbers of admission in the previous year and projected admissions in the coming years
2. EXPRESS ENTRY
The IRCC will continue to hold Express Entry draws as usual for the time being. That is, based on comprehensive ranking scores, a certain number of invitations to apply (ITAs) for Canadian PR will be distributed every two weeks (CRS).
According to Immigration Minister Sean Fraser, significant changes will be made to Express Entry in order to attract foreign nationals who best match the country’s most in-demand skills and qualifications.