Nearly 200,000 economic immigrants are expected to be welcomed by Canada in 2020 alone. Aspiring immigrants from all over the world have more than 100 immigration streams to upturn their fortunes in Canada. As usual, the most popular Express Entry programs will remain as Canada’s flagship pathway for immigration alongside the improving Provincial Nominee Programs (PNPs).
Both the federal and provincial governments are making great strides over the decades with the introduction of many economic immigration pathways to boost the immigration levels and meet the sustain its economy. In our analysis, we found about 104 economic pathways in Canada for your easy immigration.
Take this free assessment to know your eligibility and requirements for immigration to Canada.
Qualify for Express Entry
Since 2015, Express Entry system has been managing three immigration programs- the Federal Skilled Workers Program (FSWP), the Federal Skills Trade Program (FSTP), and the Canadian Experience Class (CEC). Interested candidates are required to register themselves and are ranked against each other using a Comprehensive Ranking System (CRS).
A CRS is based on core human capital factors like age, educational qualifications, work experience, proficiency in English or French. Additionally, the spouse adaptability factor, job offer, provincial nominations add additional points to overall CRS.
Immigration, Refugees, and Citizenship Canada (IRCC) regularly conduct nomination draws to issue invitations to apply for permanent residence in Canada to eligible candidates above the required CRS cut-off score. The latest all-program Express Entry was held July 8 inviting over 3900 candidates with qualifying CRS score of 478.
Provincial Nominee Programs are targeting high
Over the three successful decades in inviting foreign skilled workers, PNPs have become the second most important avenue for them to obtain permanent residence in Canada.
The unique arrangement between federal, provincial and territorial governments have allowed a certain degree of autonomy for provincial and territorial governments in selecting desirable candidates suiting to their unique labour demands. Almost every PNP has one dedicated stream linked to the Express Entry system. It allows the province to nominate candidates registered under Express Entry to apply for provincial nomination. A provincial nomination will add upto 600 points to their overall CRS score, thereby guaranteeing permanent residence in Canada.
Most recent PNP draws from British Columbia, Alberta, Manitoba, Prince Edward Island, Ontario, Quebec has issued more than 2,500 invitations to workers with varying skills and professional experience to obtain Canadian permanent residence.
Migrate as Investor/Entrepreneur
Canada is also looked upon as an ideal place for entrepreneurs/investors to migrate and establish their own business. Through a range of federal programs like Canada Start-up Visa, Canada Investors Visas and provinces like British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec boasting of a dedicated immigration stream, investors/entrepreneurs can plan to settle permanently in Canada.
IRCC focus on issuing permanent residence to economic immigrants as well as family members sponsored under the family reunification programs. With every 6 in 10 migrants in Canada belonging to economic class, skilled talents from around the globe are certain to find better work opportunities, ease of doing business and enjoy a high living standard in Canada.
Contact CanApprove to help you identify your suitable immigration stream.