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September 9, 2022

Canada To Exceed 430k Permanent Residencies

Last year, Canada welcomed more than 400,000 new permanent residents.

Recently, Immigration Minister Sean Fraser announced in Vancouver that Canada is anticipating achieving and surpassing its extensive immigration goal for the year 2022. The initial target set for the year was to award permanent residency to at least 430,000 people, and it now appears that number will most likely be exceeded.

The immigration minister stated that if Canadians don’t accept immigration to continue to bring young, working-age families into the country, then the conversation 20 or 30 years from now may not be about labor shortages, but it will be about whether Canadians can afford things like schools, roads, and hospitals. Canada needs to embrace immigration.

The immigration minister made the announcement while discussing methods that he plans on enforcing to support the immigration system in Canada, including hiring up to 1250 new employees. The plan to increase employees comes as the ministry is receiving a massive number of new applications for immigration.

Critics say that the huge immigration numbers are adversely affecting and contributing to the rising cost of housing in Canada. Prime Minister Justin Trudeau has previously admitted that the Canadian population is growing faster than the supply of housing.

Mr. Fraser, while emphasizing the perspective of the government, stated that immigration is a good thing for Canada. From an economic point of view, it has become crucial.

Mr. Fraser went on to say that by July’s end this year, Canada had accepted more than 275,000 permanent residents. This puts Canada on the right path to exceeding its goal of 431,000 permanent residents over the course of this year.

Per the official data released earlier this year, Canada’s population increased to 37 million people in 2021, up 5.2% from 2016, mostly due to immigration.

Mr. Fraser has also previously addressed how he believes immigration will be essential to Canada’s recovery after the pandemic.

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