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IMPACT – MEDIUM
What is the change? The Canadian government has announced plans to admit more new permanent residents in 2015 than in any year in recent history.
What does the change mean? The move toward accepting more permanent residents reflects the Canadian government’s goal of increasing the number of immigrants accepted into the country to boost Canada’s economy. Economic immigrants will make up an estimated 65 percent of all admissions in 2015.
Background: Every year, the Canadian government decides how many permanent residents it plans to admit to the country the following year. Canada expects that in 2015 it will admit as many as 285,000 new permanent residents, or 19,000 more than were planned for 2014. Nearly 65 percent of all immigrants admitted into Canada in 2015 will fall into the category of economic immigrants, with the rest consisting of family class immigrants (24 percent) or immigrants admitted through humanitarian programs (11 percent).
The plan “will help us attract skilled immigrants who are most likely to succeed,” Chris Alexander, Canada’s Minister of Citizenship and Immigration, said in a statement.
BAL Analysis: The Canadian government is placing increased focus on permanent residence as a means of recruiting those immigrants who are best suited to benefit the economy. The increase in the permanent residence targets for 2015 is welcome news for companies looking to recruit high-skilled employees to Canada.
This alert has been provided by the BAL Global Practice group and our network provider located in Canada. For additional information, please contact your BAL attorney.
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