$1.6 billion Investment for Immigrants in Canada in immigration Levels Plan 2023-25

Highlights: Immigrants in Canada through Immigration Levels Plan

• Canada is to invest 1.6 billion CAD in the next 6 years for newcomers’ immigration processes and settlement.
• The investment is being done for the 2023-2025 Immigration Levels Plan.
• The country plans to welcome 430,000 newcomers in 2022.
• The annual target for welcoming immigrants will be expanded to 500,000 by 2025.

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Abstract: Canada will be investing 1.6 billion CAD in the next 6 years to allow for the immigration of foreign nationals and their settlement.

Canada will invest 1.6 billion CAD in the next 6 years for immigration processes and settlement of newcomers who will be arriving in the country. After that period, 315 million CAD will be invested every year in the aforementioned activity, as stated in the 2023-2025 Immigration Levels Plan.

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Plans for New Immigrants in Canada through Immigration Levels Plan

Canada plans to welcome around 1.45 million foreign nationals to the country in the coming 3 years. The annual target for welcoming immigrants will expand to 500,000 by 2025, where the Economic Class would be a major contributor.

Through immigration, Canada plans to boost its economy, generate jobs, and make living affordable for every Canadian citizen. The newcomers arriving in Canada will help in addressing the shortage in the workforce. The Economic Class would help in welcoming 301,250 newcomers.

It plans to invest 50 million CAD in 2022 to clear the immigration applications backlog. Canada also plans to make the Express Entry system more efficient.

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Details of Canada Immigration Levels Plan 2023-2025

Detailed information on the Canada Immigration Levels Plan 2023-25 is given in the table below:

Canada Immigration Levels Plan 2023-2025
Economic	Overall Planned Permanent Resident Admissions	4,65,000	4,85,000	5,00,000
	Federal High Skilled	82,880	1,09,020	1,14,000
	Federal Economic Public Policies	25,000	–	–
	Federal Business	3,500	5,000	6,000
	Economic Pilots: Caregivers; Agri-Food Pilot; Rural and Northern Immigration Pilot; Economic Mobility Pathways Project	8,500	12,125	14,750
	Atlantic Immigration Program	8,500	11,500	14,500
	Provincial Nominee Program	1,05,500	1,10,000	1,17,500
	Quebec Skilled Workers and BusinessFootnote6	NA	NA	NA
	Total Economic	2,66,210	2,81,135	3,01,250
Family	Spouses, Partners, and Children	78,000	80,000	82,000
	Parents and Grandparents	28,500	34,000	36,000
	Total Family	1,06,500	1,14,000	1,18,000
Refugees and Protected Persons	Protected Persons in Canada and Dependents Abroad	25,000	27,000	29,000
	Resettled Refugees – Government-AssistedFootnote7	23,550	21,115	15,250
	Resettled Refugees – Privately Sponsored	27,505	27,750	28,250
	Resettled Refugees – Blended Visa Office-Referred	250	250	250
	Total Refugees and Protected Persons	76,305	76,115	72,750
Humanitarian and Other	Total Humanitarian & Compassionate and Other	15,985	13,750	8,000

 

Canada plans to welcome 430,000 newcomers in 2022 by issuing them Canada PR or permanent residency.

Immigration contributes to 100% of Canada's workforce growth. By 2032, immigrants are projected to make up 100% of population growth in Canada.

Want to migrate to Canada? Contact Y-Axis, the leading Immigration Consulting Company.

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