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Express Entry draw January 18

Canada to spend $1.6 Billion to meet ambitious Immigration Levels Plan 2023-2025

Canada commits $1.6 Billion to Immigration Levels Plan 2023-2025

On November 1, Canada announced plans to welcome an unprecedented 1.45 million immigrants over the next three years under Canada’s Immigration Levels Plan 2023-2025. The Plan targets 465,000 newcomers in 2023, 485,000 in 2024 and 500,000 in 2025.

Today Canada announced that it will spend $1.6 billion over six years and $315 million a year after that in order to meet or exceed the Plan. The fund will focus on improving application processing and settlement of new immigrants.

This is in addition to the $50 Million that the government announced in its Fall Economic Statement to immediately tackle crippling backlog in immigration applications processing.

Canada’s Finance Minister Chrystia Freeland outlined the 1.6 Billion immigration spending in a federal budget announcement. 

“Today’sFall Economic Statementis focused on building an economy that works for everyone – an economy that creates good jobs and makes life more affordable for Canadians,” Freeland said. 

“Even as we face global headwinds, the investments we are making today will make Canada more sustainable and more prosperous for generations to come.”

About Canada’s Immigration Levels Plan

The Immigration Levels Plan guides Canada’s immigration system. It outlines the number of immigrants Canada will look to welcome under its various federal, provincial, and territorial programs. Immigration, Refugees and Citizenship Canada (IRCC) then regularly adjusts operations to attract, settle, integrate, and retain the targeted levels of newcomers.

Canada sets its immigration levels plan to strengthen the economy, reunite families, and help refugees.

Canadians are now more supportive than ever of record-breaking immigration to Canada. They are also strongly supportive of Canada’s role in welcoming refugees from throughout the world. See Canadians overwhelmingly support surging immigration to Canada.

Notably, Canadians understand the importance of immigration for the economy and that Canada should accept more immigrants.

Canada Immigration Levels Plan 2023-2025 Details

Overall Planned Permanent Resident Admissions465,000485,000500,000
EconomicFederal High Skilled82,880109,020114,000
Federal Economic Public Policies25,000
Federal Business3,5005,0006,000
Economic Pilots: Caregivers; Agri-Food Pilot; Rural and Northern Immigration Pilot; Economic Mobility Pathways Project8,50012,12514,750
Atlantic Immigration Program8,50011,50014,500
Provincial Nominee Program105,500110,000117,500
Quebec Skilled Workers and BusinessFootnote6See the Quebec immigration planTo be determinedTo be determined
Total Economic266,210281,135301,250
FamilySpouses, Partners and Children78,00080,00082,000
Parents and Grandparents28,50034,00036,000
Total Family106,500114,000118,000
Refugees and Protected PersonsProtected Persons in Canada and Dependents Abroad25,00027,00029,000
Resettled Refugees – Government-AssistedFootnote723,55021,11515,250
Resettled Refugees – Privately Sponsored27,50527,75028,250
Resettled Refugees – Blended Visa Office-Referred250250250
Total Refugees and Protected Persons76,30576,11572,750
Humanitarian and OtherTotal Humanitarian & Compassionate and Other15,98513,7508,000

Express Entry and PNP immigration will rise

As the above table shows, a surge is expected in new permanent residents through economic class programs such as those within the Express Entry system and Provincial Nomination Programs (PNPs).

Canada will welcome 82,880, 109,020 and 114,000 in 2023, 2024 and 2025 respectively through the Federal High Skilled stream, mainly managed by Express Entry. PNP newcomers will account for 105,000 new permanent residents in 2023, 110,000 in 2024 and 117,500 in 2025.

We encourage you to read our guidelines on how to apply for these programs at Express Entry system and Provincial Nomination Programs.