Canada's permanent residency for money, visa restrictions, and other news
The most important events in the country from August 21 to 27.
The Canadian dollar slightly rose against the U.S. dollar. Economists attribute this to higher oil prices and improved stock markets. For ordinary Canadians, this means they can buy goods from the U.S. cheaper and that the Bank of Canada will refuse another key rate hike in September.
Canada is ramping up oil production. Canadian oil production is expected to increase more strongly in the next 2 years than it has in the past 5 years. However, this runs counter to the government's plans to reduce carbon dioxide emissions by 40-45% by 2030.
Life in Canada
Cases of COVID-19 infection in Canada are on the rise. Compared to previous waves, the average age of patients and length of hospital stay have increased. However, there has been a slight decrease in the mortality rate of those who have become ill.
Canadian officials see problems in the education system for international students. Canada is expecting 900,000 students from abroad this year, and Minister of Immigration Marc Miller says fraud is on the rise and many have begun using education as a "back door" to immigrate to the country.
And Minister of Housing Sean Fraser notes that international students put an additional strain on housing, so the Canadian government is also allowing for study visa caps per year.
Immigration to Canada
Alberta held a new immigration draw on August 22. The province selected 89 applicants with construction occupations and a job offer. The passing for them was very low.
A selection in British Columbia took place on the same day. 230 applicants received invitations. Among them are specialists of various qualifications and graduates, as well as in-demand workers: educators, medics, and veterinarians.
On August 24, Manitoba invited 623 applicants from skilled workers in the province and overseas and international graduates. 256 of the candidates had trade occupations in several high-demand sectors.
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On August 25, Manitoba held another drawing, but only for Ukrainian citizens. The province selected 22 people. They had to have a connection to Manitoba, such as family, study, or work.
Generally, Canadian immigration programs require applicants to meet certain requirements in terms of age, education, work experience, language skills, and the like. After that, you need to score enough points to be invited in a draw. But there is an exception.
In January, the province of Quebec opens a program that allows you to get a permanent residence for money. Applicants are required to make a 5-year investment, after which the money will be returned, as well as a non-refundable contribution to the Quebec government. In return, the applicant's entire family receives a permanent residence permit.
Alex Pavlenko, founder of the Immigrant.Today emigration portal
