Canada Immigration Levels Plan 2023-2025

Canada is currently aiming to accept approximately 460,000 new immigrants per year under its Immigration Levels Plan, which is the biggest number in its history.

The objectives of Canadian immigration are to support the economy, reunite families, and aid refugees. Everything you need to know about Canada's Immigration Levels Plan is included in this detailed Canada official website.

IRCC is on target to welcome over 430,000 immigrants to Canada in 2022. This goal will increase to 465,000 new permanent residents in 2023. (PRs). Canada plans to accept 485,000 more immigrants in 2024 and another 500,000 in 2025. The following table lists Canada's immigration goals between 2023 and 2025, broken down by immigration category.

Why Immigrants Are Needed in Canada

Canada encourages substantial immigration to maintain a robust economy. Canada's population is among the oldest in the world, and its birth rate is among the lowest. Financial and economic pressures result from this. Canada has a low natural population growth rate, which has a negative impact on the expansion of the labour force and the economy. It is challenging for Canada to raise the taxes necessary to fund social expenditure on services like education, health care, and other crucial areas that ensure the country's high living standards. Low economic growth makes this difficult.

As a result, Canada has increased immigration levels since the late 1980s in order to accelerate population growth, labour force expansion, and economic expansion. Canada's population, labour force, and a growing portion of its economic growth are now mostly driven by immigration.

By the year 2030, 9 million baby boomers in Canada will be eligible for retirement at the age of 65. As a result, Canada will experience a decline in employment at a time when its social spending on healthcare will increase. Canada has taken the initiative to address this issue by steadily increasing its immigration goals for more than 30 years.

Since 1988, Canada has consistently accepted more than 200,000 immigrants annually, as indicated in the graph below. It has made the decision in recent years to raise its levels to more than 400,000 annually. The current immigration rate in Canada is roughly 1.1%. In other words, on a per-capita basis, Canada accepts three times more immigrants than the United States of America.

It is likely that Canada will continue to progressively boost its immigration numbers over the next few years based on its demographic realities and immigration trends. Immigration will continue to be essential to the nation's economic and financial stability.

Furthermore, there is a compelling case to be made that the coronavirus pandemic has increased the relevance of immigration. In the short term, COVID-19 has hurt Canada's economy and raised government spending on social services. Additionally, in 2019 Canada's birth rate was 1.47 children per woman, a record low. Given the low birth rate in Canada before the pandemic and the possibility that the epidemic may further lower the birth rate due to economic uncertainty, the country will rely even more on immigration in the years to come to support population growth. If Canada's birth rate stays low, immigration will account for an even greater portion of future labour force growth.