Immigrating to Canada Stay tuned for the latest news on Canada: The first budget since the Liberal government took office was released last week, and according to the latest polls, it has been accepted by the majority of Canadians. For the vast Chinese community, the 2016-17 fiscal budget proposed by the Liberal Party well addresses the needs of Chinese people in areas such as welfare, retirement, education, and immigration, and can therefore be considered a multi-faceted gift to the Chinese community!
Chinese Immigrant Families Benefit Across the Board
In the Chinese community, there are generally many families with children. Whether children are in primary, secondary, or university education, the new budget will provide more benefits. Among these, the Canada Child Benefit provides $6,400 per year for each child under 6, and $5,400 per year for each child aged 7 to 18. For families with children in university, they can apply for post-secondary tuition grants, with annual tuition subsidies reaching $3,000, while the subsidy for part-time low-income university students has also been increased from $800 to $1,200.
Adults in families, whether working or retired, also have more security. The new budget invests $3.4 billion in public transit, making commuting faster; it reforms the Employment Insurance (E.I.) system, making it easier for laid-off Chinese workers to access Employment Insurance for a longer period to help them through urgent difficulties.
Regarding retirement security, the age for receiving Old Age Security (OAS) will be restored from 67 back to 65. An additional $400 million will be invested in building affordable housing to address the housing needs of low-income individuals.
Immigration Applications No Longer a Long Wait
The new budget will allocate $249 million to increase funding related to immigration. Of this, $25 million will be used to accelerate the processing of family reunification applications, and $56 million will be invested over three years to accelerate the processing of permanent resident applications and increase settlement services. Industry insiders estimate that the speed of immigration processing will increase by at least one-quarter.
Therefore, in terms of welfare, retirement, education, and immigration, which are of concern to the Chinese community, the Liberal Party's new budget can be considered a major benefit for Chinese people.
Choose Quebec Immigrant Investor Program to Settle in a High-Welfare Country
Canada is one of the most popular immigration countries in the world. Among its programs, the Quebec Immigrant Investor Program stands out among many immigration projects due to its simple application requirements, low risk, fast processing, and the ability to obtain a Green Card in one step. However, this program only has 1,200 spots for the China region. Facing the massive Chinese immigration market, these spots are undoubtedly rare, and each release is snapped up instantly. The 2016 Quebec Immigrant Investor Program is about to restart; facing limited spots, Chinese applicants should seize the opportunity early! For more details, please consult: 400-138-2929
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