Canada has G7’s 2nd highest projected real GDP growth in 2023 and 2024

Credit to Author: Vimal Sivakumar| Date: Tue, 25 Apr 2023 13:00:13 +0000

According to the International Monetary Fund (IMF), Canada trails only the United States (in 2023) and Spain (in 2024) with respect to projected Real GDP (Gross Domestic Product) growth over the next two years. Real GDP is a commonly used indicator of a country’s overall economic health. In 2023, the U.S. is projected to see […]

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How immigration helped Canada set a new population growth record in 2022

Credit to Author: Vimal Sivakumar| Date: Sat, 25 Mar 2023 12:00:51 +0000

According to recent data from Statistics Canada, the country’s total population is estimated to be over 39.5 million (as of January 1, 2023). This means that, for the first time ever, Canada’s population grew by over one million people in a single year. This comes as Canada experienced a record-high population growth of 1,050,110 people […]

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Canada to welcome more immigrants through the PNP

Credit to Author: Vimal Sivakumar| Date: Wed, 22 Mar 2023 12:00:42 +0000

Canada’s Provincial Nominee Programs (PNPs) have recently overtaken the federal Express Entry system as the leading way for economic class candidates to gain Canadian permanent residence (PR). This comes at a time when the number of immigrants coming to Canada through the PNP is expected to exceed 105,000 in each of the next three years. […]

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Canada remains strongly committed to humanitarianism

Credit to Author: Vimal Sivakumar| Date: Sun, 26 Feb 2023 12:00:35 +0000

Since the 1950s, Canada has been providing foreign aid to less fortunate nations around the world. Beginning with such things as joining the Colombo Plan to support Commonwealth countries throughout Asia (1950) before progressing to the creation of the Canadian International Development Agency (1968) and other such assistance measures, Canada has consistently done significant work […]

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Higher immigration levels in Canada require a boost in home building to keep up with demand

Credit to Author: Julia Hornstein| Date: Thu, 23 Feb 2023 13:00:43 +0000

Desjardins has released a report analyzing the economic impacts of the federal government’s increased immigration targets. Discover if You Are Eligible for Canadian Immigration The study finds that the large scale of planned immigration will lead to higher real GDP growth at the national level and in all Canadian provinces. Consequently, according to the report, […]

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Will Canada be able to house all the immigrants it hopes to welcome by 2025?

Credit to Author: Vimal Sivakumar| Date: Tue, 21 Feb 2023 17:11:53 +0000

According to Canada’s latest Immigration Levels Plan for 2023-2025, the country hopes to welcome a record-breaking number of immigrants over the next three years, with annual targets set at no less than 465,000 and a milestone goal of 500,000 new permanent residents in 2025. In short, these high targets are in place to help Canada […]

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Why is Canada accepting so many immigrants?

Credit to Author: Vimal Sivakumar| Date: Tue, 21 Feb 2023 12:00:18 +0000

As of 2021, “people who were, or had ever been, a landed immigrant or permanent resident in Canada” — grouped together for simplicity as “immigrants” — represent 23% of this country’s total population, the highest proportion recorded since Confederation in 1867. The highest among all G7 countries, Canada has also now topped its previous record […]

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IRCC unveils the top 10 source countries of new immigrants to Canada in 2022

Credit to Author: Vimal Sivakumar| Date: Thu, 16 Feb 2023 13:00:46 +0000

Canada landed 437,120 permanent residents (PRs) across the country in 2022. This figure, taken from data published by Immigration, Refugees and Citizenship Canada (IRCC), represents a nearly eight percent increase from the total number of PRs landed in 2021. This is also the second year in a row that Canada has exceeded its stated immigration […]

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Canada breaks record by welcoming over 437,000 new immigrants in 2022

Credit to Author: Edana Robitaille| Date: Tue, 03 Jan 2023 18:29:32 +0000

Today, Immigration Refugees and Citizenship Canada (IRCC) announced that Canada exceeded a record-breaking target for admissions of permanent residents in 2022. In a Tweet, IRCC stated that Canada welcomed over 437,000 new immigrants last year. This is higher than the target they had set at 431,645 new immigrants and marks an all-time record for Canadian […]

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Canada reached highest-ever target for admissions of permanent residents in 2022

Credit to Author: Edana Robitaille| Date: Tue, 03 Jan 2023 18:29:32 +0000

Today, Immigration Refugees and Citizenship Canada (IRCC) announced that Canada reached a record-breaking target for admissions of permanent residents in 2022. The target, set to 431,645 new permanent residents in one year, surpasses the 2021 record of 401,000 and is the highest number of new permanent residents to arrive in one year recorded in Canadian […]

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