Canada’s economic recovery seems to be staked upon the influx of international students and new immigrants into Canada. Canada has become one of the most popular destinations for international students to pursue studies abroad, especially among Indian students. Furthermore, Canadian authorities such as the Immigration, Refugees and Citizenship Canada (IRCC) have continued to process applications, and also made sure that international students are not left hanging throughout the course of the pandemic, through intermittent and frequent announcements and news updates.
The ageing population in Canada has exacerbated the need for immigrants and international students to help the post-COVID economic recovery in Canada. Therefore, Canadian businesses and companies will greatly benefit from the employment boost provided by immigrants. This need for immigrants is not a new phenomenon. Canada has recently introduced several policies to make immigrating to the country easier and has even increased the quota for the number of immigrants to be granted visas of all forms.
The IRCC (Immigration, Refugees and Citizenship Canada) has announced that the country has set a target to grant approximately 400,000 Canadian PRs in 2021, and a rising number in the next 2 consecutive years. International students who are currently studying at Canadian Universities, are likely to benefit the most from this move.
The PR route begins with the attaining of a study permit that allows international students to enrol in an Canadian Institution for higher education, and upon successful completion of their studies, attain a postgraduate work permit, which grants them the freedom and flexibility to work under an employer of their choice, anywhere within Canada. Upon completion of a year on the postgraduate work permit, international students can apply for Canadian permanent residence.
The new quota aims to grant PRs to economic immigrants, who are divided into six sections:
- Federal High Skilled
- Federal Business
- Economic Pilots (Caregivers; Agri-Food Pilot; Rural and Northern Immigration Pilot)
- Atlantic Immigration Pilot Program
- Provincial Nominee Program
- Quebec Skilled Workers and Business.