The Canadian federal government has revealed its immigration plan to welcome half a million immigrants each year by 2025 to tackle the problem of labour shortage.
Minister of Immigration, Refugees and Citizenship Sean Fraser released Canada’s 2023-2025 Immigration Levels Plan which embraces immigration as a strategy to help businesses find workers and to attract the skills required in key sectors.
According to the new release from the immigration ministry, the Canadian economy is now facing critical labour market shortages causing uncertainty for Canadian businesses and workers.
The ambitious immigration plan will manage the social and economic challenges Canada will face in the decades ahead.
In 2021 Canada welcomed over 405,000 newcomers, the most in a single year.
According to the plan, the government is continuing that ambition by setting targets in the new levels plan of 465,000 permanent residents in 2023; 485,000 in 2024; and 500,000 in 2025.
