The government of Canada has revealed its new immigration plan to attract 500,000 immigrants by 2025, in a bid to tackle critical labour market shortages causing uncertainty for Canadian businesses and workers.
The plan tagged ‘Canada’s 2023–2025 immigration Levels was released on Tuesday.
Minister of Immigration, Refugees and Citizenship Sean Fraser released Canada’s 2023-2025 Immigration Levels Plan which embraces immigration as a strategy to help businesses find workers and to attract the skills required in key sectors.
According to the statement, the Canadian economy has experienced one of the fastest recoveries from COVID-19 among advanced economies but is now facing critical labour market shortages causing uncertainty for Canadian businesses and workers.
“The plan embraces immigration as a strategy to help businesses find workers and to attract the skills required in key sectors including health care, skilled trades, manufacturing and technology to manage the social and economic challenges Canada will face in the decades ahead,” it stated.
It also stated that the plan brings an increased focus on attracting newcomers to different regions of the country, including small towns and rural communities.
“The Government is continuing that ambition by setting targets in the new levels plan of 465,000 permanent.
The ambitious immigration plan will manage the social and economic challenges Canada will face in the decades ahead.
In 2021 Canada welcomed over 405,000 newcomers, the most in a single year.
According to the plan, the government is continuing that ambition by setting targets in the new levels plan of 465,000 permanent residents in 2023; 485,000 in 2024; and 500,000 in 2025.