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GOOD NEWS: CANADA SETS NEW PLANS FOR THE LABOUR MARKET & ECONOMY
Today's video update brings you the complete details on Canada's new immigration plan that intends to fill the shortages in the labour market. 🔴 Whatsapp Group / Telegram Channel: http://bit.ly/3jFAZc5 🔴 IMPORTANT LINK: https://bit.ly/366167d
Recently, the Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship, slated the 2022‒2024 Immigration Levels Plan, which represents an aspiring but responsible path for immigration that will allow the Canadian economy to rebound and will fuel post-pandemic growth, all while reinforcing communities and industries throughout the country that depend on immigration.
The pandemic has emphasized the assistance of fresh migrants to the well-being of the communities and across all sectors of the economy. Canada accepted above 405,000 new permanent residents in the previous year—the highest number of immigrants in a single year in history. Even after regaining from numerous jobs lost during the pandemic, hundreds of thousands of positions in all sectors are still remaining to be occupied. Immigration is already accounted for nearly 100% of the labour force's growth. With 5 million Canadians planning to retire by the end of this decade, the ratio of worker to retiree will decline to only 3:1. This clearly indicates that Canada has a strong economic demand for increased immigration.
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