Understanding the 2022-2024 Immigration Levels Plan
Between 2022 and 2024, Canada is on direction to welcome a document quantity of recent immigrants.
Despite the epidemic, Canada had a record number of permanent residents in 2021, with over 405,000 individuals moving to the country. Canada has raised its immigration target for 2022 to more than 432,000 immigrants, with even higher numbers in 2023 and 2024. Although the estimates appear to be exact, they are all based on the Immigration Levels Plan 2022-2024 of the Canadian government.
What is the strategy for immigration levels?
The Immigration Levels Plan is used by Immigration, Refugees and Citizenship Canada (IRCC) to estimate the overall number of permanent residents Canada will strive to welcome in a particular year. It also specifies the immigration categories under which permanent residents will be accepted. Since the late 1980s, Canada has welcomed over 200,000 immigrants on a yearly basis, with the number increasing to over 300,000 prior to the pandemic. Since 2021, the goal has risen to nearly 400,000 people every year, or around 1.1 percent of the Canadian population.
Why does Canada require newcomers?
The unemployment rate in Canada is now at an all-time low. According to the latest recent statistics from Statistics Canada, unemployment is at 5.2 percent, the lowest it has been since records began in the 1970s. This is because Canada’s population is aging, and the birth rate is insufficient to replace the nine million employees who will reach retirement age by 2030. With an average of 1.5 children per woman, Canada has one of the lowest birth rates in the world.
Because there are fewer Canadian-born citizens, Canada is reliant on immigrants to work and pay taxes to maintain an aging population. According to the government budget for 2022, healthcare spending is expected to increase dramatically in the next years, reaching $56 billion in 2027. Immigration is critical to sustaining a healthy economy, as well as solid social services and healthcare for all Canadians, including permanent residents.
What is the mechanism behind it?
IRCC analyzes data such as demographics, economic and labor force indicators, integration capability, worldwide situations, and processing capacity in order to stay up with the ever-changing demands of the labor market and close the workforce gap. The ultimate objective is to devise a strategy that would strengthen Canada’s economy, reunite families, and give humanitarian aid. The Immigration Levels Plan is based on finding this equilibrium.
How does the IRCC dissect the numbers?
Economic immigration will account for 57 percent of Canada’s yearly immigration objective during the next three years. Over 240,000 additional permanent residents are expected to arrive each year, with a target of 267,750 skilled employees entering by 2024.
Approximately 25% of new permanent residents will be chosen through family class sponsorship, which includes individuals who are sponsored by a relative who is already a permanent resident or citizen of Canada. Every year, almost 100,000 people will arrive.
Refugees and humanitarian immigrants will make up the remaining 18 percent of new permanent residents. The plan is for a population of little under 85,000 people in 2022, with a progressive decline through 2024.
The Immigration Levels Plan is usually produced once a year, but owing to a delay caused by the most recent federal election, 2022 will have two plans. On November 1st, the Immigration and Refugee Commission (IRCC) will issue the revised Immigration Levels Plan for 2023-2025.
(Source CIC News)