IMPACT — MEDIUM

The Canadian government announced its immigration projections for the next three years.

Key Points:

  • The Canadian government plans to allow 465,000 new permanent residents in 2023, 485,000 in 2024 and 500,000 in 2025.
  • The targets for economic migration programs are as follows:
Program 2023 2024 2025
Federal High Skilled 82,880 109,020 114,000
Provincial Nominee Program 105,500 110,000 117,500
Federal Economic Public Policies 25,000 TBD TBD
Atlantic Immigration Program 8,500 11,500 14,500
Federal Business 3,500 5,000 6,000
Economic Pilots 8,500 12,125 14,750
  • The plan also calls for increases to family-based immigration, with 2025 targets of 82,000 for spouses and children and 36,000 for grandparents and parents of Canadian citizens and foreign residents.

BAL Analysis: Employers and foreign nationals should take the projected goals into account when applying for residence permits in Canada.

This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.

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