PM ratchets up immigration targets to boost recovery from pandemic
October 31, 2020
By Financial Post |
Prime Minister Justin Trudeau is looking to attract 401,000 new permanent residents next year, part of an ambitious plan to spur Canada’s economic recovery by bringing in workers.
The new targets, unveiled on Friday by Immigration Minister Marco Mendicino, represent an increase of 50,000 people from the pre-Covid goal of 351,000 announced in March.
Canada’s borders remain largely closed and its economy is bracing for an end-of-year slowdown due to a resurgence of Covid-19 cases. The plan assumes a return to a normal level of international travel in 2021.
“To rebuild a stronger economy, we need to have enough workers to maintain supply chains, allow businesses to expand and create more jobs for Canadians,” Trudeau said in a press conference before Mendicino’s announcement. “Whether in long term care homes, the tech sector or local restaurants, this crisis has highlighted the important contributions that newcomers make to our communities.”
The country will further increase newcomer levels over the next three years to 411,000 in 2022, up from the previous target of 361,000, and 421,000 in 2023. Mendicino said the aim of the higher targets is to increase new admissions after the pandemic caused an immigration shortfall.