Canada’s Immigration Levels Plan: Impact on the Start-Up Visa Program 🚀

Canada’s Immigration Levels Plan: Impact on the Start-Up Visa Program 🚀

Changes in Immigration Levels 📉
While the new Immigration Levels Plan for 2024-2026 may have reduced overall targets, new policies give early entry work permit opportunities for innovative entrepreneurs through the Start-up Visa Program.

Canada is actively inviting global talent to contribute to its vibrant economy through this program.This initiative emphasizes job creation through innovation, making Canada an attractive destination for aspiring business leaders.

Key highlights:

• Continued priority on economic immigration

• Streamlined, expedited processing of applications featuring early entry work permits and temporary visas for dependents

• Enhanced support for newcomer integration

TRENDING NEWS

• Quebec has temporarily paused two key immigration programs for seven months. The Quebec Experience Program and the Permanent Immigration Pilot Program for workers in artificial intelligence, information technologies, and visual effects sectors are affected. This suspension, lasting until April 1, 2024, aims to address processing backlogs. Read more

• Toronto’s top in-demand jobs include software developers, nurses, and construction managers, reflecting the city's growing tech, healthcare, and construction sectors. High vacancy rates offer immigrants opportunities to fill crucial roles that support Toronto's economic expansion and development. Read more

• Employers and economists across Canada are concerned about immigration cuts due to the potential impact on labour shortages and economic growth. Industry leaders stress that immigrants are essential to sustaining the workforce and driving economic stability. Read more

• Canada ranks fourth globally for economic stability, highlighting its strong GDP per capita and robust political and social frameworks. This ranking bolsters Canada’s reputation as an attractive destination for immigrants and investors. Read more

FEATURE SPONSOR

Moving to Canada? The next several months will be full of excitement and new beginnings.  Scotiabank is here to help you navigate this process with banking solutions that help newcomers succeed financially.  Learn more about our StartRight^TM Program that allows newcomers to earn up to $2,200¹ in value.

¹ Potential value in 1st year. Conditions & assumptions apply.

NUMBERS TO KNOW

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