Canada smooth Immigration Rules gives advantage to foreign business aspirants as compared to US, as mentioned by Canadian Prime Minister Justin. Trudeau declared in the Fortune Most Powerful Women International Summit held in Montreal, which witnessed women CEOs, thought leaders, entrepreneurs and senior representatives of government of Canada. The purpose is to bring well-educated, ambitious, forward-thinking and diverse [people] which can be very productive for Canada’s economy.”
Trudeau reflected that Canada government is optimistically bent towards immigration as it has always benefitted Canada and have “created a success”.
Trudeau’s government disclosed new immigration levels plans in which is aiming to welcome New Permanent Residents through Canada’s economic, family and refugee / humanitarian programs. This will increase the population by one percent in 2021.
Canada is deciding to invite 350,000 immigrants that year in which 60 per cent will arrive through Canada’s economic immigration programs. The number economic immigrants are resolute to come through Canada’s Federal High Skilled Immigration Programs and Provincial Nominee Program.
David Bier, an immigration policy analyst with the Cato Institute’s Center for Global Liberty and Prosperity in Washington affirmed that new changes in immigration levels will be a major disadvantage to US if there immigration rules remain stagnant or get reduced.
U.S. rate of immigration determined at 0.3 per cent in 2017 in contrast to Canada’s 0.8 percent. It was noted that Canada’s rate was 11 times higher than of U.S. in terms of economic immigration.
Canada’s Minister of Science, Innovation and Economic Development, Navdeep Bains said that immigration policies of his government are significant to Canada’s “value proposition,” in accordance to the current geopolitical climate.
The updated immigration levels plan will invite 310,000 new Permanent Residents this year, which will increase to 330,800 in 2019, 341,000 in 2020 and eventually 350,000 in 2021.
Canada’s Minister of Immigration, Refugees and Citizenship, Ahmed Hussen told that this plan will give critical support to economy that is confronting labor shortages due to increase in population’s age and rising number of retirement.
“The elevating number immigration levels, especially in the Economic Class, will assist in managing the labour force, regulate the economic growth and innovation” as said by Hussen.
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