Recently, Statistics Canada released the latest national population growth data. As of October 1, 2022, Canada’s estimated population was 39,292,355, an increase of 362,453 people (+0.9%) since July 1, 2022, surpassing the total growth of 350,000 for the entire year of 2011. This marks the highest quarterly population growth rate since the second quarter of 1957 (+1.2%).
Canada’s total population growth in the first nine months of 2022 (+776,217 people) has already exceeded any annual total growth since the federal establishment in 1867. After fully accounting for data from October to December, Canada may see an astonishing total population growth of about 1 million in 2022.
In the third quarter of 2022, Canada welcomed 122,145 immigrants, roughly the same as the third quarter of 2021 (122,911 people), marking the second highest number of immigrants in the third quarter since 1946.
As a measure to address the significant labor shortage, declining birth rates, and ensure long-term economic growth, the federal government has been accepting more immigrants in recent years and intends to further expand this trend in the foreseeable future. The federal government has announced plans to increase immigration targets in the coming years, with the "2023-2025 Immigration Levels Plan" released by the Canadian Ministry of Immigration stating that Canada will welcome 1.45 million new immigrants over the next three years, setting a historical record! In 2023, the plan is to receive 465,000 permanent residents; in 2024, 485,000 permanent residents; and in 2025, 500,000 permanent residents.
As we know, Canada has long faced low birth rates and an aging population, leading to an increasingly evident labor shortage. New immigrants play a positive role in Canada’s economic development. In the short term, new immigrants will help stimulate economic activity in Canada and alleviate economic pressures; in the medium to long term, immigration will be key to maintaining Canada’s prosperity. It can be said that immigration has always been an important part of Canada’s economy, and for this reason, Canada has been actively welcoming new immigrants.
Moreover, 2022 was also a record year for the number of immigration applications processed in Canada. Since August, the Canadian Ministry of Immigration has reduced its overall backlog by nearly 500,000 applications within four months. The Ministry has also been setting increasingly high standards for processing. By the end of November, the Ministry had processed approximately 4.8 million applications—almost double the 2.5 million applications from the same period last year. To help strengthen Canada’s immigration system, the Ministry has digitized immigration applications, hired and trained new staff, optimized processes, and utilized automation technology to improve processing efficiency while ensuring the safety and security of Canadians.
The measures taken by the Canadian Ministry of Immigration to improve the backlog and the speed of processing also reflect Canada’s eagerness for new immigrants. The Ministry has been doing its utmost to clear the path for new immigrants to enter Canada. It is foreseeable that, with the Ministry’s efforts and the acceleration of processing, prospective immigrants or investors applying for Canadian immigration will encounter excellent opportunities!
For those intending to immigrate, now is the golden opportunity to immigrate to Canada. There are abundant immigration quotas available, accommodating applicants from various backgrounds. Good opportunities are rare; those interested in immigrating to Canada should seize the right immigration program for themselves and act quickly!
If you wish to immigrate to Canada, the Saskatchewan Entrepreneur Immigration Program is an excellent choice! The Saskatchewan Entrepreneur Immigration Program is one of the few investment immigration programs in Canada that does not have strict English requirements, and the application requirements are not high. It has been highly sought after by applicants since the policy was opened.
As a top 500 Asian brand, with over 20 years of focus on investment immigration, the WorldWay Group has a strong project analysis team, a professional copywriting team, and a comprehensive customer service team. We collaborate with many reputable institutions in Canada to provide investors with professional, comprehensive, and diversified services, making us a worthy choice!
Great news! To thank our valued new and old clients for their trust and support over the years, in January 2023, the WorldWay Group is launching the "Welcoming the New Year and Sending Health" campaign. Get a health package with your immigration application, together we fight the pandemic and bring love home! Enjoy significant discounts across all immigration projects, with multiple gifts to reward clients, and exclusive benefits that keep coming. Choose from immigration projects from 19 countries (regions), there is bound to be one that suits you. This is a rare opportunity not to be missed! Limited-time great rewards, act quickly!
For more details, please message us in the comments section or call the WorldWay Group service hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798.
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