18-Apr-2022

Stream Bites: Levels Plan By The Numbers

Because this is something I think people have to there's good and there's bad. They created this. Um, this little news update. You can go check out this news, release right in the newsroom of IRCC's website.

If you're wondering where it is, those of you probably saw Canada, visa give a pretty good summary of what this was about. But I want to look a little deeper. I want to talk about the impact that this is likely going to have on FSW and CEC applicants in particular. But also those that are in Canada. So we know that there there are backlogs, we know that there is enough immigrants in the queue right now to potentially fill the quotas for this year.

So what is Canada going to do? And we have to read between the lines if we're going to figure out what this is. So let's just start here and let's go through this there's, a couple different things that we can look at the new immigration plan. You can just google this, and you can see this is the government spin. Okay.

So they are. They are trying to push. This in the best possible light they're trying to really promote this, because this is a marketing tool for them to get people to continue desiring to come to Canada. If we scroll down here to the very bottom, you can see they've created some other resources. One is this nice, little infographic, which when you pull it up, it gives us a pretty high level of what they're looking at we'll, take a snapshot of this then we'll jump back, because I want to read the fine print.

And I want to pull out for you. Guys some of the things that I'm seeing with the language that they're using and to refer back to some things that people are not talking about right now, which were announced a little earlier, which play into all of this. So if we start here, you can see, yes, congratulations, you can see right here, um in 2021. They brought in 405, 000, permanent, residents, great. Okay. It accounts for 100 of Canada's labor force growth.

And nearly 80 percent of our population growth. We're just not having as many kids. Well, my wife and I we're doing our job, we've got four kids three that are out into the labor market, uh, trying to, um earn enough to pay for my wife. And my retirement and our old age, uh, health care that we're gonna need when we get old, but, but generally it's, you immigrants. So they're, highlighting once again, that you're important, they've gotten themselves into I'm going to flip back here. They've gotten themselves into a little of a quagmire. Okay.

They have, and so they're trying to deal right now. With the reality that because they push so many through from within Canada, and they still have to land everybody that was pending that they have to come, and they have to fill in all of these numbers that they allocated for 2022, and they've got a surplus, whereas before they were able to time it out and land, just as many as they required for each year, the invitations that went out for express entry, they extended enough to meet the quotas. But now they've basically with the try to pr pathway. Last year and with the big 176 draws on February the 13th they brought in or have the potential of landing way more people than they require within the traditional, um express entry process where they would extend five up to five thousand per second per ITA.

And those rounds of invitations were very, very predictable, anywhere from 3500 to up to 5000 and then interspersed the NPS. So that is what we're dealing with right now. Let's flip back here and take another look at this. So 960, 000, unfilled. Positions, Canada's labor market is climbing back. We do not have enough Canadians to fill jobs.

Now there are specific sectors that are having more trouble than others. Finding Canadians that are able to lose, um to fill these positions. But even though many a number of Canadians have regained the jobs that they lost in the pandemic they're, projecting about 960 000 that they're still going to be short, and we'll get to this. But you can see by 2030 5 million Canadians are set to retire 2030 that. Ain't going to be me, I'm still going to be working.

But the problem is when all of this started and immigration has talked about this before. But when all of this started, um, you know, the the the immigration it was as a result of a recognition that the number of workers compared to the number of right retirees was almost like eight, nine or ten to one. And as you can see here by uh 2013, which is less than 10 years, we're talking eight years from now it's. The ratio is only going to be three to one, which. Is a country that's horrible for us. And so where does the help come from? It comes from you.

It comes from immigrants. So there's a clear sign that they've got a strong economic need for immigration for increased immigration. So understand you guys excuse me this, there is a significantly high level of politicization of all of this. So yes, certain parties want to restrict immigration certain parties want to increase immigration.

But generally speaking most of the mainstream parties recognize the. Importance to Canada and our economic recovery, and our economic future in having immigrants come enter our labor market and help us to sustain our services in this country. Remember we are not like the US. So we are not a country where everybody it's kind of eat what you kill it's like you, can you get more money in your pocket to do with it? What you want to, but you don't have the same level of services that we in Canada are really benefiting from. And when I think about this, I think about our.

Health care, I think about our education system, you know, every time I go down to the states. One of my sons is attending school down in Idaho, he's, attending a private school. Um, that is run by our church. The church of Jesus Christ of latter-day saints. His tuition is fairly reasonable because of the tithing that I pay back to the church. And so that goes to run the schools and a bunch of other things. But for a lot of students in the U.S., the tuition is like off the charts.

Well, a lot of taxpayers. Dollars here in Canada, go to funding in part, educational institutions, especially the obviously public ones. And so when it comes to driving down taking my son down to Idaho, you know, the roads, aren't nearly as good as they are here and so building and reinvesting in infrastructure for the collective good of all that's, what the Canadian that's, what we're striving for, so we're willing to give up a few more of those tax dollars and trust me, you know, anyone that is in a higher income level, um, the. The higher you get, the more taxes you pay and so there's been some years when my taxes that I've paid have been really high others where it's been low, especially earlier in my career.

And so the idea is that we collectively pull that together. And then we distribute it for the equal good of all Canadians. Healthcare. Yes, is a big one, but also, education and infrastructure and all the things that we have and that we benefit from so in order to pay for those things. And if we go back here, and this is. What people don't understand sometimes in order to pay for those things, if we have a ratio of only three workers to every one retired person understand that this is going to be really, really challenging to continue to meet the level of services that we enjoy it's, just not going to be sustainable, especially if all of these individuals here, three to one ratio are drawing a pension drawing retirement while there's fewer people contributing to it and that's, just multi-faceted things that are going. On here, so if we've got five million Canadians set to retire by 2030, how are we going to replace them and not just replace, but increase that's where the plans come in?

So as we go down here a little further, you guys can see the levels plans generally speaking, and we're going to dive in deeper here. But mostly speaking, yes, they are going to increase to 431 000 645 for 2020. 447 55 for 2023 and 451, 200 in 2024, which all these levels are off the charts. They are, and so they're, where are they. Coming from well we'll get into that.

But the overall admission, the goal by 2024 is to be at about 1.14 of the total Canadian population. So that's, what they're kind of anchoring it to is one percent of the population is, um is immigrants each year. So 60 of admissions in the economic class, but for those of you who are CEC and FSW, you are now wondering mark. What does this mean for me? We're gonna I'm going to make you wait a little longer because I need to set the stage for this. But the reality is. This year is not going to be a good one for federal high, skilled individuals, it's, not.

But what does that really mean with the levels? What does it mean with the rounds of invitations? What does it mean for potentially new essential, try to pr pathways or for any new type of immigration? What does it mean for the international students? We don't have a lot of answers yet, but we're going to read through the lines, and I'm going to show you what this reveals?

So we go back here. And we look. Another huge factor is french many wonders, why is there so much given to French speakers who are not destined for Quebec? Well, this is why because Canada has agreements, um, uh to, you know, for the purposes of expanding, um culture, the bilingual nature of our country. There is a very, very clear target to hit 4.4 percent of french-speaking immigrants outside Quebec by 2023. Quebec has its own gig. It has its own program.

But the federal government wants to make sure that at least 4.4 percent of the. Total immigrants have french-speaking abilities, and that they land and live and spread the French language outside the province of Quebec that's. Why there's 25 and 50 points given for federal, um through the um through the express entry process for French speaking ability, that's. Why it's there it's to help to advance this?

And ultimately nice there's, my family farm with the barn and the trees and the nice grass, okay, maybe it wasn't exactly like that, but spreading the benefits of immigration to. Communities all across Canada communities. Remember that word remembers how we talked about minister, Fraser the fact he's from Nova Scotia, the fact that he just himself made permanent the Atlantic.

Immigration pilot program, the community-based rural and northern immigration pilots. Those are still very, very much in play. And Canada is looking to spread seeds across the board and not just pull immigrants in based on pure human capital, that's, where we're at all right let's.