Canada to welcome record 500,000 new immigrants

Toronto: In order to address acute labour shortage, Canada plans to welcome a record 500,000 new permanent residents till 2025, the government said while announcing the Immigration Levels Plan for 2023-2025 on Tuesday.
The North American nation increased its 2023 immigration target to 465,000 and its 2024 target to 485,000, up 4 per cent and 7.5 per cent, respectively.
Canada’s immigration goals include growing the economy, reuniting families, and offering asylum to refugees fleeing hardship abroad, CIC News reported.
In 2021, Canada broke its all-time immigration record by welcoming over 405,000 immigrants.
The majority of new permanent residents immigrate through economic class programs such as those within the Express Entry system or through Provincial Nomination Programs (PNPs).
According to the new plan, there will be 82,880 Express Entry landings in 2023, 109,020 in 2024 and 114,000 in 2025.