Latest news with #ImmigrationLevelsPlan
Toronto Star
3 days ago
- Business
- Toronto Star
Canadian population growth continued to slow with almost no increase in Q1: StatCan
OTTAWA - Statistics Canada says population growth stalled in the first quarter. The agency says the Canadian population rose by 20,107 people from Jan. 1 to April 1 to 41,548,787, the smallest increase since the third quarter of 2020 when it contracted by 1,232 people. The increase was so small that it amounted to effectively no growth, StatCan said. 'This was the second-slowest quarterly growth rate in Canada since comparable records began (first quarter of 1946), behind only the third quarter of 2020 and tied with the fourth quarter of 2014,' the agency said in its release Wednesday. ARTICLE CONTINUES BELOW It was the sixth consecutive quarter of slower population growth after a decision by the federal government in 2024 to lower the levels of both temporary and permanent immigration. However, immigration still accounted for all of the population growth in the quarter as there were 5,628 more deaths than births in Canada. Canada admitted 104,256 immigrants in the first quarter of 2025, while net emigration totalled 17,410. Meanwhile, the number of non-permanent residents dropped by 61,111. While the rate of population growth slowed during the first quarter, Statistics Canada said immigration levels remain high, though comparatively lower than in recent years. The agency said it was the smallest number of immigrants admitted during a first quarter in four years. 'However, prior to 2022, Canada had never welcomed more than 86,246 immigrants in a first quarter (which occurred in the first quarter of 2016),' the agency said. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW In October of last year, Immigration, Refugees and Citizenship Canada released information on its 2025-27 Immigration Levels Plan, which included targets for international students and temporary foreign workers for the first time. 'In recent years, Canada welcomed newcomers to support our economy and address labour market needs. As we move away from post-pandemic measures, there is a need to better align temporary and permanent resident immigration levels with community capacity,' the federal government said at the time. This report by The Canadian Press was first published June 18, 2025.
Yahoo
12-06-2025
- Business
- Yahoo
CanPR Technology Ltd. Announces Operational Update, Highlights Canada's Skilled Immigration Focus, and Unveils Strategic Expansion Plans
Toronto, Ontario--(Newsfile Corp. - June 12, 2025) - CanPR Technology Ltd. (TSXV: WPR) ("CanPR" or the "Company"), a technology company transforming immigration services through artificial intelligence (AI), workforce connectivity, and community integration, is pleased to share its operational update for the fiscal year ending May 31, 2025. The Company is entering its next fiscal year on a foundation of strong financial performance, deepening platform adoption, and bold global expansion. To discuss the fiscal year ending May 31, 2026, CanPR will hold an investor call on June 19, 2025 at 2:30pm (Toronto time). To join the call, please join by phone by dialing 647-559-9986 and entering the meeting ID of 892 505 559#. CanPR's preliminary results for the financial year ended May 31, 2025, with the following key highlights: Positive Net Income: Based on preliminary results, during the Company's three-months ended May 31, 2025, CANPR generated positive net income, validating operational efficiency and scalable business infrastructure. Platform Reach: 250,000+ monthly active users (MAUs) on the mobile platform 5 million+ monthly social impressions, elevating immigrant stories and success journeys 10,000+ active users on our AI-powered chatbot, offering real-time immigration guidance SmartCV: Continues to gain traction, equipping both newcomers and local jobseekers with resume-building tools, skill enhancement features, and pathways to meaningful employment. Employer Marketplace: Our marketplace now connects Canadian employers directly with verified, job-ready talent, streamlining the hiring process and driving faster integration for newcomers. Global Immigration Market Opportunity1 The global immigration services market is experiencing rapid growth: Valued at $18 billion (USD) in 2024, the immigration services sector is forecast to grow to over $34.3 billion (USD) by 2032, at a CAGR of 8.4% The broader global skilled labour migration ecosystem—including consulting, application management, and job placement—represents an estimated $35+ billion (USD) annual opportunity Canada alone expects to admit 1.1 million new permanent residents between 2025 and 2027, while countries like New Zealand, Australia, and Germany are also increasing skilled immigration targets to address workforce gaps. CanPR is focused on expanding its platform in the countries above to take advantage of the growth strategy. Canada continues to lead globally in immigration policy with a focus on attracting and retaining skilled talent. In its 2025–2027 Immigration Levels Plan, the Government of Canada reaffirmed a target of 485,000 new permanent residents in 2025, over 60% of whom are expected to enter via economic programs, including Express Entry, Provincial Nominee Programs, and the Atlantic Immigration Program. Canada's Immigration Minister emphasized that "immigration is a key pillar of Canada's economic strategy and innovation ecosystem."2 This directly fuels CanPR's core mission to assist skilled immigrants in obtaining permanent residency and achieving economic integration. The Canadian immigration system is also undergoing digital modernization to improve efficiency and accessibility. These national initiatives perfectly align with CanPR's digital-first, data-driven platform that supports users through every step of their immigration and settlement journey—from initial permanent residence applications to job placement and community integration. Strategic M&A Pipeline As part of our roadmap, CanPR is actively exploring acquisitions in recruitment and immigration industries. These moves aim to deepen our service stack and accelerate CanPR's global reach. These strategic investments aim to enhance the platform's capabilities, broaden its user base, and create a more integrated value chain. Preliminary Unaudited Financial Information The financial measures included in this news release are based on preliminary unaudited estimated results which have not yet been finalized or audited. These estimated results are subject to change upon completion of the financial statements for the year ended May 31, 2025 and the audit of such financial statements and such changes could be material due to, among other things, the completion of CANPR's financial closing procedures, final adjustments, review by the Company's auditors and other developments that may arise between now and the time the financial results are finalized. Accordingly, such estimated results are forward-looking statements (as defined below) within the meaning of applicable securities legislation and are subject to the limitations and risks described under "Forward-Looking Statements", below. CANPR expects to file its audited annual financial statements for the year ended May 31, 2025 and related management's discussion and analysis on SEDAR in late September 2025. Forward-Looking Information Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting the future growth of the Company, the Company's future financial performance, the level of immigration into Canada and the Company executing on its acquisition strategy. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the assumption that the Company is able to meet their respective future objectives and priorities and assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company. Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to CANPR's business. Material risks and uncertainties applicable to the forward-looking statements set out herein include but are not limited to: intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations affecting immigration into various countries and risk of litigation. Although CANPR has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of CANPR . Accordingly, readers should not place undue reliance on forward-looking statements. CANPR undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement. On Behalf of the Board of Directors:Akshat Soni, Director & Chief Executive OfficerCanPR Technology Ltd. For further information, please contact: CanPR Technology Ltd.90 Burnhamthorpe Road West, Suite 1202Mississauga, OntarioL5B 3C2Telephone: (647)-692-3846Email: info@ About CanPR Technology CanPR Technology Ltd. is a technology platform dedicated to helping immigrants in their journey toward becoming permanent residents of Canada. At CanPR, we offer a range of services to assist with the immigration journey. Our platform provides a comprehensive understanding of the process of immigrating to Canada, completing and tracking immigration applications, connecting newcomers with employers to help them find a job, and post-immigration services to help them settle in Canada. Currently, the platform has over 1,000,000 app installs. For more information on CanPR, visit Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Not for distribution to United States newswire services or for dissemination in the United States. 1 To view the source version of this press release, please visit Sign in to access your portfolio
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Business Standard
30-05-2025
- Business
- Business Standard
Canada visas 2025: India leads with 45.8% of 834,010 study, work permits
In the first three months of 2025, Canada approved 834,010 temporary resident applications and extensions. These included study permits, work permits, and visitor visas, according to data from Immigration, Refugees and Citizenship Canada (IRCC). India accounted for 382,055 or 45.8 per cent of these approvals, driven by students and skilled workers seeking opportunities in Canada's tech and healthcare sectors. 'India remains the leading source country for temporary residents,' said IRCC official on May 29, 2025. The top ten source countries for temporary residents from January to March 2025 were: Nigeria: 104,835 applications People's Republic of China: 100,890 applications Mexico: 59,305 applications Iran: 49,735 applications Philippines: 48,430 applications Ukraine: 33,110 applications Pakistan: 31,355 applications Colombia: 27,165 applications Bangladesh: 27,080 applications Many applicants are students, while others come as workers or visitors. For example, Nigeria saw a jump in applications linked to education and job prospects in Ontario and British Columbia. In the Philippines, applicants have pursued work in caregiving and hospitality. Ukraine's numbers reflect Canada's support through initiatives like the Canada-Ukraine Transitional Assistance Initiative (CUTAI). Welcoming newcomers and enforcing departures While Canada has welcomed new temporary residents, some existing temporary residents have faced removal orders or longer processing times. IRCC has said it wants to bring the temporary resident share down to 5% of the national population by 2026. That means enforcing visa rules more strictly. IRCC and Canada Border Services Agency (CBSA) officers now have the power to cancel temporary resident documents if people overstay or break visa rules. 'People need to comply with the conditions of their stay,' said a CBSA spokesperson in a statement in March. 'When permits expire or conditions are violated, removal notices are issued.' Canada's 2025-2027 Immigration Levels Plan, announced on October 24, 2024, introduced targets for temporary resident admissions for the first time. 2025: 673,650 arrivals 2026: 516,600 arrivals 2027: 543,600 arrivals These figures do not include short-term visitors or seasonal workers but focus on work and study permit holders. IRCC has said these measures are meant to balance economic needs with concerns about housing and job markets. For international students, the government has capped study permit applications in 2025 at 10% below the 2024 figure of 606,250 applications. Post-graduation work permit eligibility has been tightened to target in-demand sectors like healthcare and skilled trades. Work permit rules for spouses of international students and workers were changed in January 2025. Now, only spouses in specific high-demand occupations can apply for an open work permit. Economic contributions and concerns International students and temporary workers support Canada's economy through tuition, living costs, and filling critical labour gaps. Tourism also benefits from visitor spending. However, high newcomer volumes have strained housing and public services. IRCC estimates the new caps will bring a 0.2% population dip in 2025 and 2026, before a rebound in 2027. The reduced growth could help ease the housing crunch—about 670,000 units by 2027. For businesses in agriculture and hospitality, the reduced flow of temporary residents has caused concerns about filling jobs. International students are also feeling the pinch as living costs rise and language requirements become tougher. Supporters of the changes say tighter controls prevent misuse and promote fairness. At the same time, IRCC plans to shift more temporary residents already in Canada to permanent status. In 2025, over 40% of permanent residency approvals are expected to come from this group.
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Business Standard
05-05-2025
- Politics
- Business Standard
Study permits, work visas under scrutiny in Canada's new immigration plan
Canadian Prime Minister Mark Carney laid out his immigration plans at his first post-election press conference on May 3, 2025, four days after securing a minority mandate in the April 28 election. With the country facing pressure on housing and public services, the question many had was: What will his government do about immigration? Carney said his government would return immigration to 'sustainable levels' by capping temporary workers and international students at 5 per cent of the total population by 2028, down from the current 7.3 per cent. Carney said the move, originally promised by former immigration minister Marc Miller, would ease pressure on housing and social services. 'Immigration caps will remain until we expand housing and better understand immigration patterns during the pandemic,' he said. Carney criticised the previous Liberal government for allowing immigration to grow rapidly after the pandemic, arguing that the country had not kept pace with housing and support services. 'We have not lived up to the bargain with new immigrants,' he said during his election campaign in March. Also Read The government plans to stabilise the number of permanent residents at less than 1 per cent of Canada's population each year beyond 2027. The Immigration Levels Plan 2025–2027 targets: 395,000 permanent residents in 2025 380,000 in 2026 365,000 in 2027 This represents a sharp reduction from the earlier target of 500,000. According to the government, steady immigration levels will relieve pressure on housing, healthcare, and social services, benefiting both newcomers and Canadian residents. Although the targets were first announced under the Trudeau government, Carney has confirmed his party will stick to them. Temporary residents face new restrictions The number of temporary residents—covering international students, foreign workers, and others—has increased sharply. As of January 2025, there were around 3.02 million temporary residents, accounting for roughly 7.25 per cent of Canada's total population of 41.5 million. Under the new plan, this figure will be cut to under 5 per cent by 2028. The measures include: Capping the number of study permit applications Tightening eligibility for Post-Graduation Work Permits (PGWPs) Ending Spousal Open Work Permits (SOWPs) Carney said new applicants would face stricter entry conditions, though some already in Canada would have new opportunities to transition to permanent residency. 'We must build more houses using Canadian skilled workers and Indigenous people,' Carney said, urging political parties to work together. Focus on francophone immigration Carney has also pledged to increase francophone immigration outside Quebec. Targets have been set at: 8.5 per cent in 2025 9.5 per cent in 2026 10 per cent in 2027 The goal is to reach 12 per cent by 2029 to support French-speaking communities across the country. Support for skilled migration Carney said he would revamp the Global Skills Strategy to attract top international talent. The scheme allows businesses to hire skilled foreign workers with two-week work permit processing. Plans are also underway to speed up the recognition of foreign qualifications in collaboration with provinces and territories. The Liberals have promised to modernise immigration systems, reduce processing delays, and improve support for asylum seekers by providing access to legal aid. The party also plans to strengthen border controls, tighten visa screening, and work closely with Quebec to manage regional immigration needs. Darshan Maharaja, a Canada-based immigration analyst, said Carney's platform suggested no drastic changes for prospective immigrants, students, or workers. 'In his election platform, Mark Carney said that he would limit immigration to 1% of the population. He did not mention anything about study permits and foreign workers. The indications are that he would not be making significant changes to the existing policies in this regard,' said Maharaja to Business Standard. "It is therefore unlikely that prospective immigrants, students and workers would find it more difficult to come to Canada than is the case at present," he added. Stephen Warren Green, managing partner at Green and Spiegel LLP, said he expects the government to reassess visa rules. 'The immigration policy would be totally reviewed by the current government. It will be more geared towards specific types of industries and specific types of education pathways,' he told Business Standard. Green said he hoped to see stronger ties between India and Canada. 'It is time that Canada and India further their joint investment opportunities between both countries,' he added.
BBC News
04-05-2025
- Business
- BBC News
Prime Minister Mark Carney plan for Canada Immigration
Canada Prime Minister Mark Carney and im Liberals party say e dey important to implement policies wey go address challenges wey di kontri dey face in terms of immigration. Di Prime Minister say while dem go maintain di kontri as a welcoming nation, Canada no go allow make immigration levels overpower dia housing, healthcare and jobs. Dem swear-in Mark Carney as Canada Prime Minister for March 2025, and during im campaign, e say di kontri gatz return back on track sake of how immigration increase under di former govment of Justin Trudeau. Canada say immigration dey place pressure on dia social services, housing and healthcare and di Liberals party under Carney wan address dis issues while dem go also ensure say di system dey benefit Canada economy. For im press conference on May 3, 2025, Canada Prime Minister say im govment dey take action to bring immigration to "sustainable levels" by 2027. "As I dey warn for months, America want our land and resources. Neva. Dis no be threat, Trump dey try break so America fit get us, but dat no go happun," Carney tok for im address. Carney say im go represent di interest of evri Canadians regardless of wia dem dey and who dem support. How Canada wan address immigration For 2024, Canada govment bin announce new immigration plan wey go reduce di number of international students and foreign workers. Dis na under di previous govment. Howeva, one of di ways wey di Liberal Party under Carney dey look immigration policy na to stabilize how dem admit permanent resident (PR) into di kontri. Dem wan keep permanent resident admission for less dan 1% of Canada population annually beyond 2027. Dis na part of di current Immigration Levels Plan for 2025-2027, wey put permanent residents targets for 395,000 in 2025, 380,000 in 2026, and 365,000 in 2027. For di next two years (2025-2027), Canada say dem wan see reduction for dia population, and to cut immigration na one of di ways. For di immigration plan document, Canada say "we dey reduce from 500,000 permanent residents to 395,000 for 2025; reduce from 500,000 permanent residents to 380,000 for 2026 and set a target of 365,000 permanent residents for 2027." Dis na policy wey di former Immigration Minister Marc Miller bin introduce for 2024 and di Carney govment intend to kontinue dis approach. According to di Liberal party, di stability of annua immigration go create a system wey go reduce di pressure ontop public services by newcomers and long-term residents. Canada temporary resident population don grow in recent years, and e don raise discussion. Dis temporary residents include international students, foreign workers, amongst odas. Na last year di previous govment first announce to reduce temporary residents, but now, di Liberals Party under Prime Minister Carney don reinforce dem go reduce temporary residents for Canada. As of January 2025, report according to Immigration News Canada say an estimate of 3.02 million temporary residents wey include international students, temporary foreign workers bin make up di about 7.25% of Canada population of 41.5 million pipo. Di Liberal Party pledge to reduce dis proportion to less dan 5% by di end of 2027 and dem describe am as "sustainable levels." How dem wan do dis na to do transition of temporary residents to permanent residency while Canada go also allow some residents to leave as dia permit dey expire. Dis method of reduction include putting limit to study permit applications, to increase eligibility for Post-Graduation Work Permits (PGWPs), and stop Spousal Open Work Permits (SOWPs). "Immigration caps go remain until we expand housing and understand di levels of immigration wey don happun for our kontri [during di pandemic]," Mark Carney say. Dose wey alreadi for Canada as temporary residents, such as international students and workers, fit benefit from di process to become permanent residency. Howeva, new applicants for study permits or work permits fit face more strict criteria and caps and make am more competitive to enta Canada. For Canadians, di Liberals plan to address concerns about housing and public services to ensure say immigration levels dey in line wit infrastructure capacity. Di reduction in temporary resident levels na to reduce pressure ontop Canada resources. Carney say im govment go work wit evrione wey dey Canada and make oda parties put aside hatred as dem go do well to build. "Dis na Canada and we go decide wetin go happun for here. We gatz build more houses using Canadian skilled workers and indigenous pipo," Carney tok.
