Canada aims to invite around 1.5 Million Newcomers by 2026

As a yearly tradition, IRCC has announced the most-awaited Immigration Levels Plan for 2024 to 2026, outlining the details of intended invitations and approvals under different immigration categories. With the new yearly plan, the government demonstrates unwavering support to bring foreign talents, prioritize economic development, drive family reunification, and support humanitarian crises. Canada realizes immigrants play an essential role in propelling the economic channels, filling the labor gaps, and boosting the job market.

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In a recent declaration, Canada announced that it will invite 485,000 new permanent residents in the year 2024, which represents 1.2% of Canada's current population. Moreover, the IRCC plans to increase the PR invitations by 500,000 in 2025 and invite the same 500,000 newcomers by 2026.

Below are the new Immigration Levels Plan (2024-2026) Figures:

Impact of Canada Immigration Levels Plan (2024-2026) on the future of Canada:

• Canada has laid out the long-term goal of focusing on economic growth by inviting more foreign skilled professionals. This is reflected in their target of welcoming over 60% of permanent resident admissions to the economic class in 2025.
• Last year, Canada achieved the target of 4.4% of French-speaking New Permanent Residents (Outside Quebec). Canada plans to increase the approval rate of new Francophone immigrants by 6% in 2024, 7% in 2025, and 8% in 2026.
• The government of Canada continues to prioritize healthcare and STEM professionals as firms to fill labor force gaps in meeting sustainable initiatives, supporting family reunification, and supporting humanitarian efforts.
• Canada identifies severe labor shortages in key sectors such as health care, transportation, and construction without pressurizing the existing housing, health care, and infrastructure crisis. The new plan is intended for sustainable and stable population growth.
• The new increased plan reveals significant progress by the IRCC in delivering new digital systems and improved customer service, resulting in increased application processing and reduced backlogs.
• Over the last five years, Canada has invited around 38,000 tradespeople for permanent residency under the Federal Skilled Trades Program, Canadian Experience Class, and Provincial Nominee Program.
• Canada believes bringing new immigrants to fill labor gaps will also help channel the National Housing Strategy. This ambitious government plan will invest over $ 82 billion to provide homes for Canadians.

Do you want to grab this wonderful opportunity to settle in Canada? Do you wish to maximize your chances? You can connect with our experts for the Canada PR Visa process on 8595338595 or by mailing at web@abhinav.com