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Canada to decrease immigration targets by 21% in 2025

Canada ranks among the top five countries for attracting millionaires

In this week’s issue, Canada ranks among the top five countries for attracting millionaires, wage threshold raised for high-wage Temporary Foreign Worker Program positions, significant decline in international students in Atlantic Canada universities.

Canada to Decrease Immigration Targets by 21% in 2025 đź“‰

Canada has raised the wage threshold for high-wage Temporary Foreign Worker Program (TFWP) positions by 20% effective November 8, 2024. This shift reclassifies approximately 34,000 jobs to the low-wage stream, applying stricter rules and reinforcing Canada's commitment to prioritize Canadian workers. Read more

Quebec implements new policy limiting Skilled Worker Program invitations to 25% per country from October 2024 to October 2025. This restriction aims to diversify the immigrant population and preserve Quebec’s cultural and linguistic identity, potentially impacting applicants from major source countries. Read more

Atlantic Canada universities are seeing a significant decline in international students due to a federal cap on study permits, which could lead to financial strain on universities and local economies. The cap could reduce student numbers by nearly 3,000, impacting enrollment and funding for essential services. Read more

Canada ranks among the top five countries for attracting millionaires in 2024, with an expected 3,200 high-net-worth individuals projected to immigrate this year. This trend highlights Canada’s appeal, driven by economic stability, quality of life, and supportive immigration programs like the Start-Up Visa, which draws entrepreneurial talent. Read more

TRENDING NEWS

  • Canada has raised the wage threshold for high-wage Temporary Foreign Worker Program (TFWP) positions by 20% effective November 8, 2024. This shift reclassifies approximately 34,000 jobs to the low-wage stream, applying stricter rules and reinforcing Canada's commitment to prioritize Canadian workers. Read more

  • Quebec has implemented a new policy limiting Skilled Worker Program invitations to 25% per country from October 2024 to October 2025. This restriction aims to diversify the immigrant population and preserve Quebec’s cultural and linguistic identity, potentially impacting applicants from major source countries. Read more

  • Atlantic Canada universities are seeing a significant decline in international students due to a federal cap on study permits, which could lead to financial strain on universities and local economies. The cap could reduce student numbers by nearly 3,000, impacting enrollment and funding for essential services. Read more

  • Canada ranks among the top five countries for attracting millionaires in 2024, with an expected 3,200 high-net-worth individuals projected to immigrate this year. This trend highlights Canada’s appeal, driven by economic stability, quality of life, and supportive immigration programs like the Start-Up Visa, which draws entrepreneurial talent. Read more

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NUMBERS TO KNOW

DRAWS

CATEGORY

ANNOUNCED

ITA’S

Canada

Express Entry

October 23

1800

Canada 

Express Entry

October 22

400

Canada 

PNP

October 21

648

British Columbia

BC PNP

October 22

123

Manitoba

MPNP

October 24

253

FEATURED PODCAST

In this weeks episode of My Great Canada, Melissa speaks to Gerard Keledjian, the Founder and Managing Director of New Horizons Media and Host of 'New Canadians', a national TV and web-based information hub for newcomers to Canada. Originally from Lebanon, Gerard arrived in Canada in 2010. Join us as we explore his journey to Canada and the creation of 'New Canadians'.

NEWCOMER FRIENDLY JOB LISTINGS