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Immigration may help Canada lower interest rates

On October 26, the Bank of Canada (BoC) increased the policy interest rate by 50 basis points, up to 3.75%. 2022 has been a year full of continual interest rate hikes, as the BoC has been increasing its policy interest rate throughout the year in an effort to aggressively combat inflation in Canada. Initially, when
Stephen Brown Citizenship Canada Immigration Levels Plan Levels Plan Capital Economics Statistics Canada

Why October is set to be a major month for Canadian immigration

The coming month is likely to be a busy one for Canada’s immigration sector. There are several end-of-year developments expected in the coming weeks that will lay a foundation for immigration targets and trends for the next year and beyond. Immigration, Refugees and Citizenship Canada (IRCC) will announce the process for the PGP 2022 in
Grandparents Program Why October Immigration Levels Plan Statistics Canada Citizenship Canada Comprehensive Ranking System

Canada holds sixth all-program Express Entry draw since July

On September 14, Immigration Refugees and Citizenship Canada (IRCC) issued 3,250 invitations to apply in the most recent Express Entry draw, the sixth since all-program draws resumed on July 6. The minimum cut off Comprehensive Ranking System (CRS) score was 511. There was no program specified for the draw, meaning that invitations were issued to
Sean Fraser Skilled Worker Program Skilled Trades Program Nominee Program Express Entry Immigration Refugees

Canada is on track to welcome a record 431,000 immigrants

As of August 22, Canada has welcomed about 300,000 new permanent residents. Immigration Minister Sean Fraser boasted last week that Canada has hit the 300,000 mark earlier this year than any other year. Since Confederation in 1867, Canada has welcomed more than 300,000 immigrants in an entire year only six times: in the years of
Northwest Territories United Kingdom Prince Edward Island Sean Fraser Skilled Worker Program Skilled Trades Program

Analysis: Factors that may affect Express Entry CRS scores

Canada has resumed all-program Express Entry draws as of July 6. Since then, the number of Invitations to Apply (ITAs) issued in each draw has grown by 250 each week, causing the Comprehensive Ranking System (CRS) score requirements to go down. That being said, score cutoffs are still quite high. The most recent Express Entry
United Kingdom Sean Fraser Randeep Sarai Surrey Centre Skilled Worker Program Nominee Program

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Canada's population growth at highest level in more than 30 years

As of April 1, 2022, Canada’s population was estimated to be nearly 39 million people. This is a population increase of nearly 128,000 people over three months from January 1. This marks the highest rate of growth in the first quarter of a year since 1990 and is a continuation of the high population growth
Prince Edward Island Sean Fraser Quebec Immigration Program Nominee Program New Brunswick Nova Scotia

Express Entry: IRCC aims to resume FSWP and CEC invitations this spring

Immigration Minister Sean Fraser said in a recent interview that the immigration department was looking to resume Express Entry draws for skilled workers in the spring. Minister Fraser was speaking to ApplyBoard in a virtual interview on issues relating to international students. One of the minister’s mandates is to create pathways to permanent residency for […]
Sean Fraser Skilled Worker Program Skilled Trades Program Nominee Program Express Entry Minister Sean Fraser

Unemployment rate among Canadian immigrants at historic low

The unemployment rate for immigrants who landed in Canada within the past five years was at a record low according to Statistics Canada’s March Labour Force Survey. The newly-released report captured Canada’s labour market conditions during the week of March 13 to 19. During the reference week, provinces were easing public health restrictions. All capacity […]
Statistics Canada March Labour Force Labour Force Labour Force Survey Statistics Canada March Labour Force Nathan Janzen Assistant Chief Economist

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