Recently, The Bank of Canada implemented its highest rate of interest of 4.75%.This 25 basis points rise from the previous increase in January has surprised many, as BoC Governor Tiff Macklem had previously indicated an intention to avoid further hikes. The rate of interest escalated by 3.25% since July 2022.This unexpected rate hike comes in...
In its continuous efforts to attract skilled foreign workers, the Ontario Immigrant Nominee Program (OINP) recently conducted consecutive draws under the Employer Job Offer’s Foreign Worker and In-demand Skills Stream. On June 20, 2023, the latest draw in Ontario witnessed the extension of invitations to a total of 1,000 candidates from the pool. Let’s delve...
The British Columbia Provincial Nominee Program (BC PNP) recently held a Skills Immigration draw on June 20, 2023, inviting eligible candidates from the BC PNP pool to apply for immigration. This draw, which marked the third Skills Immigration draw of the month, issued a total of 149 Invitations to Apply (ITAs). Let’s take a closer...
In May 2023, the New Brunswick Provincial Nominee Program (NBPNP) conducted its latest Express Entry draw, issuing a total of 93 invitations to candidates through New Brunswick’s Express Entry stream. The breakdown of invitations is as follows: To find eligible candidates, the NBPNP regularly searches the Express Entry pool managed by Immigration, Refugees, and Citizenship...
According to the recent data released by IRCC’s Client Services Centre (CSC), it is notable that IRCC is struggling with a noteworthy surge in the rate of inquiries over the past five years. In the 2021/2022 fiscal year, IRCC received over 8 million inquiries. Also, the Treasury Board of Canada Secretariat disclosed that the IRCC...
The Family Class Sponsorship program allows Canadian citizens and permanent residents to bring their children from overseas and grant them permanent residency in Canada. Though, it is extremely important to understand the requirements that come with the process of sponsorship. To qualify, one must fulfill the specific criteria. First and foremost, the applicant must be...
Recently, Immigration Minister Sean Fraser unveiled the categories that will be targeted in the category-based Express Entry draws, set to commence this summer. These draws will be conducted alongside general draws and program-specific draws. While general draws invite high-ranking candidates to apply for permanent residence, program-specific draws are limited to the highest-ranking candidates in specific...
For newcomers to Canada, finding a new house is a daunting task. It is difficult to choose the right one as there are so many options available. In this article, we will provide you with essential tips on how to rent your first apartment as a newcomer in Canada. Discovering Your Ideal Rental Start your...
This week, aspiring immigrants have reason to celebrate as three Canadian provinces, namely British Columbia, Ontario, and Saskatchewan, have opened their doors by extending invitations under the Provincial Nominee Program (PNP). The PNP serves as an excellent pathway for skilled individuals to contribute to the economic growth of the provinces, addressing labor shortages, and fostering...
