Immigration Hot Topic Canada: 2015 is drawing to a close, and it is time for a year-end review. Looking back at this year, what major events have occurred in Canada? What significant policies have the Canadian government introduced? What are the key changes in the Canadian immigration sector? Worldway has launched a special feature to review the major events of 2015 in Canada for our immigration friends.


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1、Liberal Party Wins Federal Election

The Canadian federal election concluded late on October 19. The Liberal Party, which entered the election as the third-largest party, started with weak momentum but gradually recovered under the leadership of Justin Trudeau, ultimately winning 184 parliamentary seats to become the new ruling party. Trudeau followed in his father's footsteps to become the 39th Prime Minister of Canada.

 

2、Canada Reopens Parent and Grandparent Sponsorship Program

Immigration, Refugees and Citizenship Canada has officially announced that starting at 8:00 AM on January 4 next year, it will once again accept applications for the Parent and Grandparent Program. The quota is yet to be determined. Interested and eligible sponsors should make preparations early to ensure they can submit their applications smoothly and have them included within the limited quota. The latest policy maintains the 20-year sponsorship period for parents.

 

3、2015 World Food Safety Ranking: Canada Rated First

According to the food safety ranking conducted by The Conference Board of Canada and the University of Guelph's Food Institute for 17 Organization for Economic Co-operation and Development (OECD) member countries, Canada's food safety system is ranked as the best in the world, tied for first place with Ireland on the list.

 

4、Economic Integration: Canada Absent from AIIB

China initiated the establishment of the Asian Infrastructure Investment Bank (AIIB). After the UK took the lead in announcing its participation on March 12, Canada clearly indicated for the first time on March 23 that it was considering joining. The then-federal Conservative government stated that it could not join before the March 31 deadline for founding members of the AIIB, but received assurances from the Chinese side that Canada would be welcome to join at any time. However, when the 57 official founding members were announced on April 15 this year, Canada was not on the list, and the Conservative government was criticized for this.

 

5、Canadian Dollar Falls to 11-Year Low

Affected by the decline in international oil prices, the Canadian dollar began to slide at the end of 2014 and repeatedly hit new lows. By mid-December 2015, it reached the level of 1 CAD to 0.71 USD, a low point for the past 11 years. While the depreciation of the Canadian dollar means money is worth less, for immigration friends, it marks a rare and excellent opportunity to invest in Canada.

 

Worldway immigration experts state: Looking back at 2015, the Liberal Party coming to power in the Canadian election is undoubtedly the most important event of the year, and this is also exciting and major positive news in the immigration sector. It is widely recognized in the industry that Canadian immigration is about to usher in a historic opportunity. Against this backdrop, friends can choose the Manitoba Provincial Nominee Program for business, which has low entry asset requirements, a small investment amount, and fast processing speed, making it a golden channel for immigrating to Canada. For more details, please call 400-138-2929


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