New immigration policy aims to fill labour shortages and boost the Canadian economy.

The Honourable Sean Fraser, Minister of Immigration, Refugees, and Citizenship, has tabled the 2022-2024 Immigration Levels Plan, which lays out an ambitious but responsible immigration strategy that will help the Canadian economy recover and fuel post-pandemic growth while also strengthening communities and industries that rely on immigration across the country.

The pandemic has brought attention to the contributions of newcomers to the well-being of our communities and the economy overall. Last year, Canada welcomed almost 405,000 new permanent residents, the highest number ever in a single year. Despite the fact that many of the jobs lost during the epidemic have been recovered, there are still hundreds of thousands of open opportunities in all sectors. With 5 million Canadians expected to retire by the end of the decade, the worker-to-retiree ratio will plummet to just 3:1. This is a clear indication that additional immigration is required for economic reasons.

The 2022–2024 Immigration Levels Plan aims to continue welcoming immigrants at a rate of about 1% of Canada’s population, including 431,645 permanent residents in 2022, 447,055 in 2023, and 451,000 in 2024, to ensure Canada has the workers it needs to fill critical labour market gaps and support a strong economy in the future. This plan builds on the previous levels strategy by putting a greater emphasis on

For more : Canada.ca 

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