In 2023, Canada continued to see a surge in immigration, taking part in a vital position in assembly the nation’s demographic and workforce wants. It gave everlasting residency to over 62,000 worldwide college students final 12 months, a rise of just about 10,000 over 2022.
A good portion of the newcomers who obtained everlasting residency in 2023 have been former worldwide college students who got here to Canada on research visa. These college students, after finishing their programmes, had the prospect to qualify for Canadian everlasting residence (PR).
As of November 2023, information from the Immigration Refugees and Citizenship Canada (IRCC) revealed that 62,410 worldwide college students (or graduates) efficiently turned everlasting residents of Canada. This marked a rise of 9,670 from the earlier 12 months, as reported by CIC information.
Indians fashioned the biggest group amongst these in search of everlasting residency, despite the fact that the variety of permits given to Indian college students noticed a 4% decline because of diplomatic tensions between the 2 nations.
CANADA PR THROUGH PROVINCIAL NOMINEE PROGRAMME
The vast majority of these college students secured everlasting residency by gaining work expertise post-graduation, made attainable by the Put up Commencement Work Allow (PGWP).
Moreover, 23,150 worldwide college students obtained PR instantly after commencement by way of particular Provincial Nominee Program (PNP) streams for worldwide graduates, in line with Canadian authorities information.
Regardless of discussions about potential caps on worldwide scholar arrivals amid a housing disaster, the numbers remained substantial. The IRCC information reveals the continued development, elevating questions in regards to the affect on housing affordability and dwelling prices.
Canada’s demographic development is considerably influenced by international college students, non-permanent residents, and short-term international staff. Immigration Minister Marc Miller acknowledged the challenges and expressed the federal government’s consideration of reforms, together with potential caps on non-permanent resident consumption.
‘CAP ON TEMPORARY WORKERS CAN HIT CANADA’S ECONOMY’
Nonetheless, issues have been raised in regards to the financial repercussions of limiting the entry of short-term staff and international college students. Desjardins Securities warned that such restrictions might hinder Canada’s financial restoration, probably inflicting a 0.7% drop in actual GDP in 2024 and slower development over the next 4 years, in line with Canadian Immigration.
Amidst these issues, the Specific Entry Program emerged because the quickest pathway for worldwide college students to transition to Canadian everlasting residence.
Indians fashioned the biggest group amongst these in search of everlasting residency, despite the fact that the variety of permits given to Indian college students noticed a 4% decline because of diplomatic tensions between the 2 nations.
As of 2023, roughly 330,000 new immigrants and college students from India have been dwelling in Canada, contributing to the varied and dynamic panorama of the nation.
