Recently, Statistics Canada released the latest national population growth data. The data shows that as of October 1, 2022, Canada's population was estimated at 39,292,355, an increase of 362,453 (+0.9%) from July 1, 2022. This is even higher than the total population growth of 350,000 for the entire year of 2011, and represents 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) has already exceeded the total growth of any full year since Confederation in 1867. After fully accounting for data from October to December, Canada may see a staggering total population growth of approximately 1 million in 2022.
It is understood that in the third quarter of 2022, Canada welcomed 122,145 immigrants, roughly the same as in the third quarter of 2021 (122,911), which was also the second-highest number of immigrants in a third quarter since 1946.
As a measure to help address massive labor shortages, declining birth rates, and ensure long-term economic growth, the federal government has been accepting more immigrants over the past few years and intends to further expand this trend in the foreseeable future. The federal government has announced further increases to immigration targets for the coming years. According to the "2023-2025 Immigration Levels Plan" released by Immigration, Refugees and Citizenship Canada, 1.45 million new immigrants will be welcomed over the next three years, setting a new historical record! The plan aims to welcome 465,000 permanent residents in 2023, 485,000 in 2024, and 500,000 in 2025.
As everyone knows, Canada has long faced low birth rates and aging issues, with labor shortages becoming increasingly prominent, and new immigrants play a positive role in promoting Canada's economic development. In the short term, new immigrants will help stimulate Canada's economic activity and alleviate economic pressure; in the medium to long term, immigration will be key to Canada maintaining its prosperity. It can be said that immigration has always been an important part of Canada's economy, and it is precisely for this reason that Canada has been vigorously absorbing and welcoming new immigrants.
In addition, 2022 was also a record-breaking year for Canada in terms of processing immigration applications. Since August, Immigration, Refugees and Citizenship Canada has reduced its overall inventory by nearly 500,000 applications in four months. The department has also been setting increasingly higher standards for processing. As of the end of November, the department had processed approximately 4.8 million applications—nearly double the 2.5 million processed during the same period last year. To help strengthen Canada's immigration system, the department has digitized immigration applications, hired and trained new staff, optimized processes, and utilized automation technology to improve processing efficiency while protecting the safety and security of Canadians.
The measures taken by Immigration, Refugees and Citizenship Canada to improve the backlog and the speed at which it is being processed also demonstrate Canada's desire for new immigrants; the department has been doing its utmost to clear the path for new immigrants to enter Canada. It is foreseeable that with the department's efforts and the acceleration of processing, investors who are interested in immigrating or are currently in the process of immigrating to Canada will be met with excellent opportunities!
For those with immigration intentions, now is the golden time to immigrate to Canada. With massive immigration quotas, there are options suitable for applicants of different backgrounds. Good opportunities are rare; those interested in immigrating to Canada should seize the opportunity and take action immediately once they find a suitable immigration program!
If you want to immigrate to Canada, the Saskatchewan Immigrant Nominee Program (SINP) for entrepreneurs is a great choice! The SINP entrepreneur category is one of the few investment-based immigration programs in Canada that does not have rigid English language requirements, and the application requirements are not high. It has been highly sought after by applicants since the policy was opened.
As one of the Top 500 Asian Brands and having focused on investment immigration for over 20 years, WorldWay Group possesses an industry-leading project analysis team, a professional documentation team, and a comprehensive customer service team. We cooperate with numerous powerful Canadian institutions to provide investors with professional, comprehensive, and diversified services, making us a choice you can trust!
Great news! To thank our vast number of new and old clients for their trust and support over the years, WorldWay is launching a "Welcome the New Year and Send Health" campaign in January 2023. Apply for immigration and receive a health gift package to fight the pandemic together and bring love home! Enjoy major discounts on all immigration programs, multiple gifts to reward customers, and non-stop exclusive benefits. With immigration programs in 19 countries (regions) to choose from, there is always one that suits you. Opportunities are rare and should not be missed! Limited-time rewards, apply as soon as possible!
For more details, please send us a private message in the comments section or call the WorldWay service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
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Note: 1. Within the scope permitted by law, the final interpretation of this promotional activity belongs to WorldWay Group. 2. Investment involves risks, and choices should be made with caution.
