27 April 2022 Canada's budget 2022 and the updated immigration imperative Canada’s immigration system over the years has prided itself on predictability and transparency. Before the pandemic, immigration was seen as a critical driver of economic growth and an important tool to address demographic challenges of an aging population. This has not changed in the post-pandemic era, as labor shortages persist and the fast pace of baby boomers leaving the workforce will remain for at least another decade. In response to these issues, and as a critical part its post- pandemic economic recovery strategy, the Government of Canada will be investing billions of dollars over several years into its renewed immigration strategy. This includes funding its ambitious 2022-24 Immigration Levels Plan that will welcome an annual target of up to 451,000 new permanent residents by 2024. Document ID: 2022-0683 |
