History made in Canada immigration as it brings 401k newcomers in 2021

A historic achievement for Canada immigration: 401k newcomers in 2021

Canada did it! The country made history with 401,000 new immigrants it invited in 2021. Ever since Canada has been founded as a country in 1867, this is the second time the number of immigrants has crossed the 400,000 mark in a year. It’s indeed a tremendous success for Canada immigration.

Canada depends a lot on its immigrants to achieve economic and social growth. The country has an aging population that poses concerns as to filling the job vacancies and taking the country’s economy ahead.

In 2020, the year wholly marred by the COVID-19 pandemic, the number of Canada PR visa holders reduced by more than 45% and reached 185,000. This happened due to border closure done in order to prevent the spreading of the pandemic.

The pandemic had not dimmed the determination of Canada to reach an ambitious number of newcomers in the year 2021. In a major strategic move, Canada immigration prioritized the selection of temporary visa holders in Canada to transition them into Canada PR visa holders.

The country is next aiming at bringing in 411,000 newcomers in 2022. The gradual improvement in the economy is also making it seem quite possible. In fact, the Canadian economy has been coming close to pre-pandemic levels lately.

Know your eligibility for Canada immigration. Use the Canada points calculator.

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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