Why sign up for the Express Entry pool right now?

As long as Canada continues to strive to accept record-breaking numbers of immigrants, Express Entry draws will grow.

Candidates who are qualified for all programmes may now submit an application for permanent residence thanks to the return of Express Entry drawings.

A total of 1,500 Express Entry applicants were asked by Immigration, Refugees and Citizenship Canada (IRCC) to submit applications for permanent residence on July 6. The CRS score of the conducted round went as high as 557 points.

In the final all-program draw before the halt, held on December 23, 2020, IRCC distributed 5,000 Invitations to Apply (ITAs). After that, only lotteries for applicants to the PNP and Canadian Experience Class (CEC) were conducted by IRCC. After September 21, 2021, draws for CEC candidates were suspended because IRCC was unable to handle CEC applications within the required six months.

Here are some crucial things to think about if you're debating joining the pool at this time now that Express Entry is back in operation.

In six months, new Express Entry applications will be processed.

According to Sean Fraser, minister of immigration, the IRCC may now process new Express Entry applications in six months.

According to IRCC briefing documents that are available to the public, between September 2021 and February 2022, IRCC was able to get rid of over 50,000 persons from its database. The paper, which had to be signed by March 31, 2022, stated that while IRCC's Express Entry inventory is sufficient to achieve 2022 levels goals, IRCC would need to start sending invites between July and September in order to fulfil 2023 levels.

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The 2022-2024 Immigration Levels Plan states that the IRCC plans to accept 55,900 Express Entry applicants in 2022 who do not have PNPs. Then, IRCC plans to admit 75,750 of these applicants in 2023. The targets are anticipated to increase to 111,500 by 2024. To reach the 2024 goals, IRCC will need to considerably expand draw sizes well in advance. By November 1, when the new multi-year immigration levels plan must be laid out, these plans may be modified.

All of this to suggest that we are aware that the numbers of viewers for these programmes will keep rising in line with the objectives of the levels plan. The ability of IRCC to uphold this criterion and Canada's need for immigrants will probably continue to have an impact on draw sizes.

Immigrants are a requirement in Canada

The urgency of Canada's need for immigrants is highlighted by the most current snapshot of the country's labour market. In June, there were fewer persons looking for work and fewer people aged 55 and over were employed, which contributed significantly to a decline in Canada's labour force. In addition, Canada now has about 1 million open positions, many of which are summer work. 

The 9 million baby boomers in Canada will begin to retire this decade, as was widely anticipated. According to a recent RBC survey, one-third of Canadians are retiring early, and three out of ten of those who are already retired are delaying their retirement date due to the pandemic.

The fertility rate in Canada also fell, reaching a record low of 1.4 children per woman in 2020. A population must reproduce at a rate of 2.1 children for every woman. Below that, the new generation of Canadians who are citizens by birth will not be sufficient to replace the retiring workers.

Increasing the number of immigrants in a country is one strategy for addressing the labour deficit. Canada plans to increase immigration each year to increase its population by around 1%. Most of these immigrants are from lower socioeconomic backgrounds. Express Entry has been the primary route for new immigrants up until last year. By 2024, Express Entry will be the primary programme once more, according to the current levels plan.

Reforms to be made

Canada recently passed a measure that will enable the immigration minister to invite Express Entry candidates based on an economic objective, signalling the impending arrival of reforms. Because immigrants who are invited to apply through the Express Entry system are selected based on an economic necessity, Minister Fraser has stated that he anticipates an increase in the retention rates for these immigrants.

These drawings may be based on a candidate's career, language proficiency, or region, although there haven't been many specifics provided.

PNPs can improve your grade.

If you qualify for Express Entry, being in the pool may give you the opportunity to receive an invitation to submit an application for Canadian immigration. Additionally, it might make it possible for you to qualify for a provincial nomination, which would raise your CRS score by 600 points and put you at the top of the Express Entry pool. Even if a candidate's CRS score falls below 400, Canadian provinces may still invite them to submit an application for a provincial nomination. For instance, Alberta has been known to extend invitations to applicants with scores as low as 300.

For a whole year, the Express Entry pool will accept your profile. You have this time to improve your CRS score in order to raise your chances of getting an ITA.

Although there are no guarantees in Canadian immigration, Express Entry gives you the opportunity to become eligible for permanent residency six months after you apply.

To determine whether your profile meets all the required parameters to enter Express Entry you need to first confirm your eligibility.

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