Last Updated On 28 October 2022, 9:17 AM EDT (Toronto Time)
Canada is on track to welcome 463,860 new permanent residents by the end of this year after welcoming 309,240 new immigrants by the end of August, or an average of 38,655 each month.
Latest available IRCC data reveals that there was immigration slowdown in August 2022. However, Canada is still on course to surpass its ambitious target for the year.
Under the current Immigration Levels Plan for 2022–2024, there should be 431,645 new permanent residents this year, 447,055 next year, and 451,000 in 2024.
Regardless of the slowdown in immigration in August, Canada will still surpass its immigration target by 32,215 new permanent residents, or about 7.5 per cent provided that the current pattern continues for the rest of the year.
How will Canada meet its immigration target?
By welcoming 463,860 new permanent residents this year, Canada’s rate of immigration would exceed the immigration target set for next year and even 2024. Considering this trend, the target set for the next two years will exceed 2.8 per cent.
Canada’s immigration increased by 38.9 per cent over the first eight months of this year compared to the 222,580 new permanent residents who arrived during the same time last year.
IRCC already had 614,600 permanent residence applications under processing as of September 30, 2022. Out of these, 325,700 were backlog while 288,900 were within service standards.
Moreover, the country also set a record by bringing 406,030 new permanent residents in 2021.
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The number of spousal sponsorships declined In August 2022
Spousal sponsorship brought in fewer new Canadian permanent residents in August, but the program is still on course to accept a record number of immigrants.
In August 2022, 4,710 foreign nationals were granted permanent residence in Canada through spouse sponsorship programs, a decrease of 1,505 or 24.2% from the 6,215 in July, according to the most recent data from Immigration, Refugees and Citizenship Canada (IRCC).
This decline in spousal sponsorship initiatives mirrors the general trend in immigration to the country, which fell by 22.2% to 34,015 new permanent residents in August from 43,180 in July.
Despite the most recent monthly downturn, the spouse sponsorship programs nonetheless accepted 45,890 new permanent residents in the first few months of this year.
There were 1,205 new permanent residents compared to last year, or 32.3%, more than the 34,685 new residents who entered the country through these programs during the same period last year.
As a result, through spousal sponsorship programs, 5,736 new permanent residents have been admitted to Canada on average this year.
Under these initiatives, the country is on track to welcome 68,835 new permanent residents in 2022 if the current trends continue. This trend would represent 4,400 new permanent residents or 6.8% more than the 64,435 people who entered the country through these programs last year.
This year’s anticipated number of new permanent residents would also be 4,060, or nearly 6.3% more than the 64,775 people who entered the country through spouse sponsorship programs in 2019, the final full year before the COVID-19 pandemic began.
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