February 14, 2022—Ottawa—Today, the Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship, tabled the 2022‒2024 Immigration Levels Plan, which charts an ambitious but responsible path for immigration that will help the Canadian economy recover and will fuel post-pandemic growth, all while strengthening communities and industries across the country that rely on immigration.
The pandemic has highlighted the contributions of newcomers to the well-being of our communities and across all sectors of the economy. Last year, Canada welcomed more than 405,000 new permanent residents—the most immigrants in a single year in our history. Despite having regained many of the jobs lost during the pandemic, there are still hundreds of thousands of positions in all sectors waiting to be filled. Immigration already accounts for almost 100% of labour force growth, and with 5 million Canadians set to retire by the end of this decade, the worker to retiree ratio will drop down to only 3:1. This is a clear sign that we have a strong economic need for increased immigration.
To ensure Canada has the workers it needs to fill critical labour market gaps and support a strong economy into the future, the 2022–2024 Immigration Levels Plan aims to continue welcoming immigrants at a rate of about 1% of Canada’s population, including 431,645 permanent residents in 2022, 447,055 in 2023, and 451,000 in 2024. This plan builds on the previous levels plan, with an increased focus on supporting our economic resurgence and post-pandemic growth…
For more information, please read the full article here: https://www.canada.ca/en/immigration-refugees-citizenship/news/2022/02/new-immigration-plan-to-fill-labour-market-shortages-and-grow-canadas-economy.html