Permanent resident targets

In the Immigration Levels Plan released on 24 Oct, the government announced the following reductions in targets for permanent resident admissions over the next three years:

• 2025: 395,000 – down from the 485,000 target for 2024, and the previously announced target of 500,000 in the 2024-2026 Immigration Levels Plan.
• 2026: 380,000 – down from the 500,000 target in the 2024-2026 Immigration Levels Plan.
• 2027: 365,000.

While the government is reducing immigration overall, it is increasing the proportion focused on economic immigration.

Economic immigration targets for 2025 have dropped only 17%, from 281,000 to 232,000.

Over 40% of economic immigrants are expected to come from temporary residents already within Canada.

The government has set out the following breakdown of permanent resident admissions for the next three years: Click here

Source:  https://www.cicnews.com/2024/10/breaking-canada-to-cut-immigration-by-20-in-2025-1047596.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter-20241024#gs.h5slax