Archive - July 2021

New minimum funds rule for Canada immigration candidates is here

Canada updates Express Entry proof of funds for 2021

Canada updates Express Entry proof of funds for 2021

In the latest update, Canada has revised the amount of money that Express Entry candidates required to be eligible for Canada immigration.

The new changes are applicable to Express Entry candidates in the FSWP and FSTP streams. It doesn’t apply to such candidates with a valid job offer in Canada.

FSTP and FSWP candidates who don’t have job offers in Canada must have the following amounts to be eligible for Canada immigration:

No. of family members The amount required (in CAD)
1 $13,213
2 $16,449
3 $20,222
4 $24,553
5 $27,847
6 $31,407
7 $34,967
For every additional family member $3,560

In case your documents proving the existence of your funds doesn’t show these amounts or more, you will need to make the necessary update in your Express Entry profile. This must be done on or before July 15, 2021. Updating your profile doesn’t change the date and time IRCC got your profile. Hence, you will maintain your rank in case you are in a situation involving a tie-breaker.

The intention of IRCC to hold an Express Entry draw for FSTP and FSWP candidates for the first time this year is indicated by this announcement. For some time now, due to the COVID-19 pandemic, Canada has been restricting its draws for CEC and PNP candidates only. The reason has been that such draws will then involve a large number of candidates in Canada who don’t have to give proof of funds compulsorily.

Things were different before the pandemic. Then, in the month of January, IRCC would announce the new directions regarding proof of funds for the particular year. This announcement was made in July this year.

Proof of funds – What Canada will accept

If you received an ITA for Canada PR, you will require proof in writing showing that you have the requisite money for Canada immigration.

As the government webpage says, to show proof of funds you will require official letters issued by your bank or a financial institution. The letters have to:

  • be printed on the letterhead of the financial institution
  • include your name
  • include the address, email, and phone number of the financial institution
  • include, for every bank and investment account involved, the actual numbers, the date on which individual accounts were opened, the current balance of each account, and the average balance in the account for the past 6 months
  • list debts that are outstanding viz. loans and credit card debts

It’s necessary that funds are readily available to you at the time of application and when IRCC issues you a Canada PR visa. The funds can neither be in the form of equity nor as borrowed money from any individual.

In case your spouse is accompanying you, you can count the money you possess together in a joint account. If you can give proof of access to an account only in their name, you could count that too.

If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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The Canada PNP program draws that made news in June 2021

Note:

PR – Permanent Residence/Permanent Resident

PNP – Provincial Nominee Program

ITA – Invitation to Apply

IRCC – Immigration, Refugees and Citizenship Canada

FSWP – Federal Skilled Worker Program

FSTP – Federal Skill Trades Program

CEC – Canadian Experience Class

Low cost of living in Canada makes it a tough immigration competitor

Top Canadian cities are more affordable than US and UK

Top Canadian cities are more affordable than US and UK

Are you looking for a world-class living experience in a progressive nation at affordable expenses? Look nowhere farther than Canada. The Mercer 2021 Cost of Living City Ranking Report has ranked the Canadian city of Vancouver 93rd on their scale, which is way below the US city of Los Angeles at 20th place and New York at 14th place.

Mercer, the American asset management firm that conducted this annual survey, is a leading company in its field.

The major factors that helped to achieve a low cost of living in Canada are its affordability and immigration policies that are progressive. These are reasons that a growing number of entrepreneurs come to Canada as immigrants via the country’s Start-Up Visa program.

The better performance as a financially more affordable destination with a great lifestyle and low cost of living in Canada is now a challenge to the USA. Forbes magazine has in fact given a heads up to Washington, stating that Canada is improving its prospects of attracting immigrant entrepreneurs and giving a boost to its economy better than the USA.

The significant fact is that the USA has made an attempt to pass a start-up visa for immigrant entrepreneurs for years. But no success was made.

At the same time, Canada, like dozens of other countries including Singapore and the UK have launched this visa idea and made this very successful.

Cities by the cost of living

Ashgabat is the world’s most expensive city for residents. The city is situated in Turkmenistan, by the Caspian Sea. The country is rich in natural gas and oil and is famous for its buildings of white marble. The country also has grandiose national monuments.

Hong Kong comes next on the list of the world’s most expensive cities. The third is Beirut.

In fourth place is Tokyo placed fourth while Zurich came fifth in the ranking of the world’s expensive places by Mercer.

Canadian cities and their appeal

There are 5 Canadian cities that came on the list by Mercer. They are:

  • Toronto – 98th place
  • Montreal – 129th place
  • Calgary – 145th place
  • Ottawa – 156th place

It’s amazing for Canada that fully 74% of the cities listed in the Mercer ranking weren’t any more affordable than Ottawa. The low cost of living in Canada this indicates becomes significant for the USA when it’s found that Washington DC was at the 51st spot in the list.

Mercer’s annual ranking of cities bases itself on its “Cost of Living” survey. Over 400 cities take part in this survey. The survey is conducted twice every year. It’s designed to assist governments and multinational companies worldwide to determine strategies for compensation for their expatriate employees.

The “Cost of Living” survey observes over 200 goods and services. The survey considers things such as cost inflation, currency fluctuations, and instability of accommodation prices to calculate the cost of expatriate packages.

Mercer states that cities around the world are increasingly in competition with one another to attract both business people and residents.

Affordability – How businesses use it to find bases of operation

Mercer noted that once the COVID-19 pandemic changed the landscape of business, companies around the world accelerated their changing strategies to manage their mobile workforces.

Companies are seeking opportunities to install less costly forms of mobility instead of traditional long-term assignments. Among the methods applied were short-term assignments, one-way transfers, and foreigners hired internationally/locally. These efforts come besides attempting virtual assignments.

As Canada is scoring better by the day in helping businesses get the benefits of lower costs incurred, entrepreneurs find the country a highly attractive alternative to the USA.

If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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ILO’s latest survey on migrant workers reveals insightful results

ILO’s latest survey on migrant workers reveals insightful results

International migrant workers up by five million in two years

International migrant workers up by five million in two years

Since 2017, the number of international migrant workers has increased globally to 169 million. This is a 3% rise that was estimated lately by the ILO (International Labor Organization).

It’s interesting to note that the share of youth migrant workers has also gone up by close to 2%. These individuals aged 15-24 come to 3.2 million migrants. In 2019, their number touched 16.8 million.

ILO’s new report shows that in 2019, international migrant workers constituted close to 5% of the global labor force. This resulted in them becoming the world economy’s integral part.

But close scrutiny reveals that many migrant workers are still in informal, unprotected, or temporary jobs. As a result, they face a greater risk of layoffs, insecurity, and worsening working conditions.

The COVID-19 crisis has made these vulnerabilities more impactful. This is more so for women among migrant workers. They are over-represented in low-skilled and low-paid jobs. Their access to social protection is limited and they get fewer options for support services.

High-income countries and the absorption of migrant workers

Over 2/3rd of international migrant workers are found in high-income countries. Of the total international migrant workers on the globe, 63.8 million are in Central Asia and Europe. Another 43.3 million are in the Americas. That means, Central Asia, Europe, and the Americas collectively host 63.3% of all migrant workers in the world.

Asia, the Pacific, and the Arab states, each host close to 24 million migrant workers. This is 28.5% of all migrant workers.

There are 13.7 million migrant workers in Africa, which is 8.1% of the total population of migrant workers.

Most of the migrant workers, i.e., 99 million, are men. Women constitute only 70 million of the global migrant worker population.

As migrant workers, women face more obstacles in the socio-economic aspects. They are more likely to migrate along with family members. This mostly is due to reasons other than finding work.

They have a high probability of experiencing gender discrimination in employment. They also are more probable to lack networks. This makes it hard to handle work and family life in a foreign country.

Increase in young job seekers

The share of youngsters in the global population of migrant workers has gone up from 8.3% in 2017 to 10% in 2019. The high rates of unemployment in many developing nations could be the reason for this increase. Most of the migrant workers, i.e., 86.5%, are still adults at the prime age of 25 to 64 years.

The services sector, the top employer for migrant workers

The lion’s share of international migrant workers in many regions of the world delivers essential jobs in sectors deemed critical such as transportation, healthcare, services, food processing, and agriculture.

As per the report, 66.2% of migrant workers are in services. In the industrial sector, their presence is 26.7% and in agriculture, it comes to 7.1%.

Going by gender, it’s found that there’s a higher women representation among migrant workers in the services sector. An explanation for this may be the growing demand for labor as care workers in healthcare and domestic work. The presence of men among migrant workers is more in the industry sector.

If you are looking to Study, Work, Visit, Invest or Migrate overseas, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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The Canada PNP program draws that made news in June 2021

The Canada PNP program draws that made news in June 2021

Canada's PNP program's performance in June 2021 - A summary

Canada's PNP program's performance in June 2021 - A summary

Here’s a summary of every Canada PNP program draw that was held in the month of June 2021.

June 29, 2021 – British Columbia issued 52 invitations to immigration candidates

On June 29, 2021, BC PNP issued 52 invitations to immigration candidates through the following streams:

  • Skills Immigration – International Graduate
  • Skills Immigration – Skilled Worker
  • Express Entry BC – International Graduate
  • Express Entry BC – Skilled Worker

The minimum score required in this draw was 80 for all candidates across streams.

June 28, 2021 – Manitoba issued 1,017 LAAs in Manitoba PNP draw

Manitoba held an EOI draw on June 28, 2021. The candidates were selected by Manitoba PNP from the Skilled Workers Overseas stream.

This was draw #120 for Manitoba where the Manitoba PNP sent LAAs to 1017 immigration candidates with a valid IRCC Express Entry ID as well as a job seeker validation code.

The lowest score for eligibility for candidates invited was 565 points. Manitoba PNP offered these candidates a chance to apply for provincial nomination. Such a nomination from Manitoba could put them in the front with an extra 600 CRS points awarded on their original score.

June 25, 2021 – Ontario issued 583 NOIs in an Express Entry draw

In an Express Entry draw held by Ontario, NOIs were issued to 583 immigration candidates. The NOIs targeted 10 occupations listed on the NOC. The candidates were invited through the Human Capital Priorities stream.

OINP issued NOIs to candidates with CRS scores between 464 and 467. To qualify, candidates had to have their profiles submitted to Express Entry between dates June 23, 2020, and June 23, 2021.

The jobs targeted included jobs in healthcare, human resources, sales, advertising, and finance.

June 22, 2021 – British Columbia issued invitations to 395 immigration candidates

In 2 draws conducted by British Columbia under its Canada PNP program, 395 invitations were issued in all to immigration candidates.

The general draw had invitations issued to 41 candidates across 5 streams. The minimum scores to qualify ranged from 75 to 93 points.

The NOC-specific draw issued 54 invitations via 4 streams. The minimum score expected in all the streams was 109.

June 21, 2021 – Quebec holds refugee draw, selects 750 applicants for the collective sponsorship program

Quebec conducted its draw for refugees through the province’s Collective Sponsorship Program. A total of 750 applicants were allowed to sponsor a refugee.

June 17, 2021 – Quebec issued invitations to 69 immigration candidates

On June 17, 2021, Quebec conducted an EOI draw and issued invitations to 69 immigration candidates through Arrima. Candidates who received the invitations had 60 days to submit an application filled completely. It will be submitted to the Quebec Skilled Worker Program.

June 17, 2021 – PEI issued invitations to 113 immigration candidates

In the Canada PNP program draw conducted by PEI, 113 skilled foreign workers and foreign entrepreneurs were sent invitations. The PEI PNP issued these invitations via streams namely Express Entry, Labor Impact, and Business Impact.

The invitations were issued in the following manner:

  • Express Entry/Labor Impact – 101 invitations – No minimum scores
  • Business Impact – 12 invitations – 60 points minimum

June 17, 2021 – Manitoba issued LAAs to 141 immigration candidates

Manitoba issued LAAs to 141 immigration candidates who are international graduates and skilled workers. The LAAs were issued through 3 MPNP streams.

  • International Education Stream – 22 LAAs
  • Skilled Workers in Manitoba – 95 LAAs – Minimum scores required was 430 points
  • Skilled Workers Overseas (via Strategic Recruitment Initiative) – 24 LAAs – Minimum score required was 703 points

June 16, 2021 – Ontario conducted an EOI draw that issued 940 ITAs

Ontario held 2 general EOI draws on June 16, 2021. In the draw, 940 ITAs were issued via the streams under the Employee Job Offer category. The streams were meant for international students and foreign workers.

In the draw, OINP focused on profiles that were submitted from April 28, 2021.

The first general draw aimed at foreign workers with 169 invitations sent. The candidates required a minimum score of 38 points.

The second draw was aimed at international students with 137 invitations sent. The minimum score required was 66 points.

June 15, 2021 – British Columbia issued close to 13 invitations in an Entrepreneur Immigration draw

British Columbia issued up to 13 invitations in an Entrepreneur Immigration draw. The BC PNP draw was a Canada PNP program draw that invited candidates via both the general Entrepreneur stream and BC’s regional pilot.

9 candidates were invited via the general Entrepreneur stream. The minimum score required was 126 points.

Under 5 invitations were sent to candidates of the regional pilot stream. The minimum score required was 139.

June 15, 2021 – Saskatchewan issued 255 invitations in an EOI draw

Saskatchewan issued invitations to 255 immigration candidates in an EOI draw. The invitations were sent through 2 immigration streams namely Occupations In-demand and Express Entry.

Candidates under the Occupations In-demand stream required experience and skills in one of the 55 NOC coded jobs in Canada. In all, 152 invitations were sent to candidates under this stream. The minimum score required was 82.

Candidates under the Express Entry stream required experience and skills in the same 55 NOC coded jobs in Canada. In total, 103 invitations went to these candidates who had a minimum score of 72 points.

June 15, 2021 – British Columbia issued invitations to 72 tech-skilled immigration candidates

This was a BC PNP Tech Pilot draw. 72 immigration candidates were issued invitations. These candidates were international graduates and skilled workers.

The minimum score required was 80 points. The streams involved were:

  • Skills Immigration – International Graduate
  • Skills Immigration – Skilled Worker
  • Express Entry BC – International Graduate
  • Express Entry BC – Skilled Worker

June 8, 2021 – British Columbia invited 373 immigration candidates

In the 2 draws conducted by BC PNP, 373 candidates were issued invitations.

The first draw was a general draw, in which 323 candidates got invited to apply for a provincial nomination for Canada PR. The minimum score expected ranged from 76 to 93 points.

In the second draw, the NOC-specific draw, 50 candidates were invited via 4 streams. The minimum score required was 110 points.

June 7, 2021 – Manitoba issued LAAs to 142 immigration candidates

Manitoba issued LAAs to 142 immigration candidates who belonged to international students and skilled workers categories.

This was how the LAAs were distributed:

  • Skilled Workers in Manitoba – 95 LAAs – Minimum score was 375.
  • International Education Stream – 22 LAAs
  • Skilled Workers Overseas – 25 LAAs – Minimum score was 708

June 5, 2021 – Alberta invited 191 immigration candidates in an Express Entry draw

On June 5, 2021, Alberta conducted a Canada PNP program draw that issued invitations to 191 immigration candidates with profiles in the Express Entry pool.

The minimum CRS score expected from the candidates was 300 points. The candidates were also expected to be willing to immigrate to Alberta and contribute to the economic growth of the province.

June 1, 2021 – British Columbia issued invitations to 68 tech-skilled immigration candidates

This BC PNP Tech Pilot draw issued invitations to 68 immigration candidates who belonged to international graduates and skilled workers categories.

The minimum score required was 80 for all candidates.

If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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Ontario in nomination mode, OINP invites 583 Express Entry candidates

Note:

PR – Permanent Residence/Permanent Resident

CRS – Comprehensive Ranking System

LAA – Letters of Advice to Apply

EOI – Expression of Interest

PNP – Provincial Nominee Program

ITA – Invitation to Apply

IRCC – Immigration, Refugees and Citizenship Canada

NOC – National Occupational Classification

PEI – Prince Edward Island

SINP – Saskatchewan Immigration Nominee Program

BC – British Columbia

EEBC – Express Entry BC

SI – Skills Immigration

NOI – Notification of Interest

An eventful month in June 2021 for Canada Express Entry draw

Express-Entry-Draws-of-June-2021

Express-Entry-Draws-of-June-2021

Here’s a summary of every Canada Express Entry draw that was held in June 2021.

June 24, 2021 – Express Entry draw invited 6,000 CEC candidates

The Express Entry draw that was held on June 24, 2021, invited 6,000 CEC candidates to apply for Canada PR. The draw featured 357 as the minimum CRS scores stipulated.

CEC candidates were particularly targeted in the draw to take advantage of their availability in Canada as they were possibly staying in the country, readily available for immigration.

June 23, 2021 – In the largest PNP-focused Express Entry draw, 1,002 immigration candidates got invited

In what was the largest Express Entry draw for candidates who were provincially nominated already, 1,002 immigration candidates were issued ITAs to apply for Canada PR. The minimum CRS score requirement was 742. The added 600 CRS points during nomination raised the minimum limit for eligibility score.

June 10, 2021 – Express Entry draw invites 6,000 immigration candidates

It was another Express Entry draw on June 10, 2021. 6,000 immigration candidates were invited to apply for Canada PR. The minimum CRS score in the draw was set at 368 points.

June 9, 2021 – PNP-focused Express Entry draw invites 940 immigration candidates

In the Express Entry draw that was focused on Express Entry candidates with a provincial nomination, Canada issued 940 ITAs to invite immigration candidates to apply for Canada PR.

The minimum CRS score requirement was 711. The added 600 CRS points during nomination raised the minimum limit for eligibility score.

If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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Ontario in nomination mode, OINP invites 583 Express Entry candidates

Note:

PR – Permanent Residence/Permanent Resident

CRS – Comprehensive Ranking System

PNP – Provincial Nominee Program

ITA – Invitation to Apply

CEC – Canadian Experience Class

Canada immigration through Express Entry breaks records in Q2 of 2021

Express Entry Q2 2021 Canada breaks another record

Express Entry Q2 2021 Canada breaks another record

The Q2 of 2021 proved to be another record-breaking period for Canada immigration. In Q2 of 2021, Canada has issued invitations to 44,591 immigration candidates. They were invited to apply for Canada PR via the Express Entry system.

The number of Express Entry candidates who were issued invitations in Q2 exceeded the record of 44,124 in the Q1 of 2021.

As of June 30, 2021, IRCC has invited 88,715 candidates in all. The number of ITAs for permanent residents exceeded the previous record that was set in 2017.

About Express Entry

Think about Express Entry as a system of management that deals with immigration applications. It has a candidate pool where all the profiles of Canada immigration candidates at the federal are stored.

Express Entry is the most popular Canada immigration process. Canada has aimed at inviting 108,500 new immigrants in 2021 alone via Express Canada immigration programs managed by Express Entry. This is more than any other immigration program including PNP.

The Express Entry system manages applications to 3 Federal High-Skilled immigration programs namely CEC, FSTP, and FSWP.

Foreign nationals can use this system to submit a profile to the Express Entry pool so that they could be considered for an ITA for Canada PR.

The decision on who gets the ITA is made by the IRCC. For this, CRS, a scoring matrix, is used. CRS ranks profiles in the Express Entry pool on the basis of an immigration candidate’s education, skilled work experience, age, and other factors. What comes in the purview of skilled work is determined on the basis of the NOC.

IRCC issues ITAs through regular Express Entry draws to the candidates in the pool who score the highest. Once the candidates get an ITA, they can file an application for Canada immigration directly to the IRCC.

Immigration is a shared responsibility between the federal and provincial governments of Canada. However, only IRCC can approve requests for Canada PR.

What was special about Q2 immigration draws?

In the Q2 of 2021, Canada has conducted program-specific draws only. The pattern followed was 1 PNP draw followed by a CEC draw.

IRCC adopted this pattern and mode of conducting draws to bring in Express Entry candidates who are most possibly already residing in Canada. This could lead to avoiding hurdles related to inviting overseas candidates who were affected by travel restrictions due to COVID-19. In May 2021 close to 95% of CEC candidates were in Canada as per the data with IRCC. About 30% of PNP candidates were available in Canada in the same period.

IRCC held more draws in Q2 of 2021. 14 draws were conducted while only 10 were held in Q1. The department had invited all candidates in the pool eligible for CEC in the pool. IRCC had taken a break from conducting draws in Q1.

The sizes of immigration draws were greater in Q2 of 2021. Besides the huge draw on February 13, 2021, Canada conducted larger draws in that quarter. Starting in April 2021, there were CEC draws that issued up to 6,000 ITAs. In late June 2021, a PNP draw crossed 1,000 ITAs for the first time ever.

Bigger draws and lower CRS cut-offs had become the norm. The new trend allowed candidates from the CEC in the 300s to start getting invitations. CEC candidates got lower CRS requirements since May 2021.

The latest Canada immigration draw only needed candidates to have a CRS score of 357 points. Barring the draw on February 13, 2021, the CRS scores would have been the lowest of any CEC draw ever.

Projection of Express Entry in the coming 6 months

FSWP and FSTP candidates haven’t been included in the Canada immigration draws so far in 2021. Before the pandemic, nearly half of all ITAs went to FSWP candidates.

But since COVID-19, Canada has focused on providing Canada PR pathways to immigration candidates who are present in the country. This will rule out any issues with people facing pandemic-related hurdles such as the closure of services and travel restrictions in Canada.

Close to 95% of FSWP candidates currently overseas as per the data with IRCC in May 2021. This is because Canadian work experience isn’t required to be eligible for the visa as in the case of the Canadian Experience Class.

It’s expected that Canada will host more all-program draws in the latter half of this year. There could also be immigration draw exclusively for FSTP candidates this year.

If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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Ontario in nomination mode, OINP invites 583 Express Entry candidates

Note:

PR – Permanent Residence/Permanent Resident

CRS – Comprehensive Ranking System

PNP – Provincial Nominee Program

ITA – Invitation to Apply

IRCC – Immigration, Refugees and Citizenship Canada

PGWP – Post Graduate Work Permit

NOC – National Occupational Classification

FSWP – Federal Skilled Worker Program

FSTP – Federal Skill Trades Program

CEC – Canadian Experience Class