Tag: Immigration

On February 13, 2021, Canada reported that the Immigration, Refugees and Citizenship Canada (IRCC) issued 27,332 ITAs or Invitations to Apply after slashing down the minimum Comprehensive Ranking System (CRS) score to 75. In the first quarter of that year, the CIC issued 44,124 ITAs, which has made it the most notable quarter since the launch in 2015.

To get a better understanding of the situation, here is what you need to know about Express Entry.

Express Entry Explained: Canada’s Immigration System

Canada’s immigration authority, the IRCC, created a system on immigration in 2015 that allowed skilled workers to enter the country. The process involves accepting ITAs and getting qualified workers that meet the minimum CRS score of 100. 

This system made it possible for the government to welcome large numbers of immigrants—341,175 in 2019 alone. But due to the global pandemic, they only welcomed 184,370 in 2020. 

Why Slash the CRS Score to 75?

Immigration is a good source of income for the Canadian economy. With more people paying taxes and more skilled workers filling necessary positions, a lot of businesses are now involved in welcoming immigrants to the country. 

With fewer immigrants entering the country in 2020, the Canadian government is now scrambling to make up for those numbers by targeting a large number of immigrants in the next three years. Lowering the minimum CRS gives skilled immigrants more opportunities to enter the country.

What this Means for the Economy

The Conference Board of Canada agrees with the government’s decision to lower the minimum CRS. The long-term benefits will help the country improve more quickly, and more businesses can benefit from more workers coming in. 

Concerns about skills were also taken into accord. Now that the scores are lower than usual, will the people coming in be capable enough to work in the country? The board believes that these immigrants will do well in Canada despite the lower minimum score. There are, after all, many ways that people can be assets in the country.

What this Means for Immigrants

The target number of the Canadian government for immigrants is much higher than ever before. This would be the time to give it a shot if you had plans to move there. The qualifications will still depend on employers, but rest assured that achieving the CRS minimum will be less difficult. 

As part of preventing the spread of COVID-19, every immigrant will have to go through safety protocols when they arrive in the country. Safety is still a priority that the government takes seriously. 

Conclusion

While the pandemic has brought about difficult times in every country, the Canadian economy needs to make a transition to improve after the pandemic subsides. Canada’s ambitious goal of 400,000 immigrants is just one of the many things that the government wants to achieve to improve the economy despite the challenges of COVID.

Immigrating to Canada can be quite stressful if you’re doing it on your own. Bright Immigration is a team of Canada immigration consultants that can help you process your immigration with quality legal care. 

If you’re looking for professional help from a trusted firm, please contact us at info@brightimmigration.com or call 1-888-404-8472.

There are many supporters of technological innovation as the driving force of the global economy. This is understandable due to the growing boom of eCommerce and other affected industries due to the global pandemic’s restrictions on several markets. Even in Canada, many sectors, from food production to textile fabrication, continue to improve due to game-changing technology. Nevertheless, the output of these establishments is largely reliant on the impact of immigrant workers.

Although Canada is in a prime position to compete with other giants globally, human resources are simply not enough to sustain high demands. This is why Canada has a variety of business immigration methods that appeal specifically to new immigrants. It’s an initiative to attract new talent and to combat the persistent low supply of local workers.

The value of business immigration 

Immigrants play a crucial role in supporting local businesses and the economy’s development. This is why Canada has a rigorous and streamlined immigration process that involves different categories of immigrant classes. While other nations are restricting access to foreign citizenship, Canada is committing its efforts to win over the hearts of talented individuals. It’s a strategy that continues to remain effective to this day.

Among the four immigrant classes that arrive in Canada, the business and economic class immigrants account for over 60% of new Canadians yearly. It’s a staggering amount of new citizens that bring in in-demand skillsets for particular industries. More immigrants also drive growth in increased interest in investments, development of more jobs, and development of local communities.

The impact of immigrant-owned businesses

Immigrant-owned businesses hold a humble chunk of the economy, with over 17% of locally owned businesses. However, these establishments also account for 25% of job creation. This mainly comes from the development of immigrant-owned businesses that cater to specialized services, expand locally-offered products, and diversify the market. Besides increasing job opportunities for Canadians, these immigrant-borne businesses also develop high-employment opportunities in niche professional, scientific and retail trade fields. Additionally, immigrant-owned companies have a much greater survival rate than Canadian-born establishments, with over 58% still in operation after reaching beyond seven years.

The implementation of robust immigration standards

Part of what makes Canadian citizenship appealing is the strong government support toward different quality-of-life processes. Accessible healthcare, low corporate taxes, and welcoming communities make it a viable place as a new start for foreign nationals. This is what keeps Canada at the top spot of accepting immigrant workers competitively on an international scale.

Although immigrants play a crucial role in Canada’s economic growth, that doesn’t mean that its immigration processes don’t have robust policies for admission. Among the hundreds of thousands of immigrants that apply for work permits or temporary visas, only a handful get accepted into recommended talent pools. This is why competition is tough and requires rigorous planning for aspiring individuals who want a future within Canada’s borders. Thankfully, you can secure the services of Canadian immigration agencies to smoothen all the requirements and preparations you’ll need when sending your application.

Conclusion

It can be comforting to realize the progression that technological advancements bring to modern society. Thanks to the convenience of modern technology, many processes, including immigration applications, are made much easier to access and accomplish. However, human resources still stand as the premier asset of a country’s economy. After all, it’s a nation’s people that provide, maintain, and contribute to economic growth.

If you’re looking for professional help from a trusted firm please contact us at info@brightimmigration.com or call 1-888-404-8472.