Canada Budget 2021 Identifies Immigrants as Core Components of Economic Growth

Canada Budget 2021 Identifies Immigrants as Core Components of Economic Growth

Announcements in Budget 2021 favor Canada’s post-pandemic economic recovery and aim at attracting highly skilled and talented foreign skilled workers to Canada, including overseas students. The budget provides to design the Canada immigration system that is easy to understand and navigate and more efficient in getting skilled workers’ attention across the world.

The proposals in the budget will ensure quick economic recovery and help Canadians fight against the COVID-19 crisis.

The Budget 2021 seems promising in terms of immigration because it:

  • Delivers a modern immigration processing platform
  • Supports racialized newcomer women
  • Enhances the Temporary Foreign Worker Program
  • Provides quick pathways to permanent residence or Canada PR Visa
  • More streamlined Express Entry system, and
  • Enhances capacity and service standards within the Immigration, Refugees and Citizenship Canada (IRCC) Client Support Centre 

Minister Mendicino praised IRCC for its ability to make remarkable improvements in its operations. IRCC made commendable strides in using technology to process applications and digitalizing many of its functions. Recognizing this progress, Budget 2021 gives them enough resources and tools to enhance its operations further and modernize digital infrastructure to ensure fast and smooth processing of applications.

Budget 2021: Quick Facts

  • The budget commits $428.9 million over the next five years to develop and deliver immigrant-friendly, secure, and stable digital platforms that expedite application processing. 
  • Over $555 million is allocated to strengthen Canada immigration system and ensure the country remains the most sought-after immigration destination.
  • Canada is committed to minimizing the hurdles faced by many women newcomers in job searching. The 2021 budget proposes to offer $15 million over two years to extend the Racialized Newcomer Women Pilot initiative, which will provide them better employment opportunities and scope for career advancement.
  • Realizing the importance of temporary workers in Canada, the 2021 budget commits to offer $49.5 million to Employment and Social Development Canada (ESDC). It will ensure that temporary foreign workers have appropriate working conditions and wages, faster processing, and improved service delivery of open work permits. 
  • Additionally, $12 billion has been allocated as Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy. This will benefit Canadian employers who have experienced a loss in revenue due to the COVID-19 pandemic. 
  • Recently, the government of Canada also introduced two new immigration programs for international graduates and essential workers. Both programs aim to keep foreign talent in Canada who can contribute to the country’s economy.
  • The budget also introduced reforms to make improvements in Canada Express Entry. In addition, the government wants to give more authority to the immigration minister to select applicants who meet the labor market needs of Canada.

For more information you can contact with our immigration experts at 8595338595 or [email protected]

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