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Reuters

Business

By Julie Gordon and Anna Mehler Paperny

Canada plans record immigration targets amid labour crunch

Canada Sean Fraser Immigration

Asylum seekers talk to a police officer as they cross into Canada from the U.S. border near a checkpoint on Roxham Road near Hemmingford, Quebec, Canada April 24, 2022. Picture taken April 24, 2022. REUTERS/Christinne Muschi

Canada plans to welcome a record 500,000 new permanent residents in 2025 and has boosted its targets over the next two years as the country looks to ramp up arrivals to address an acute labour shortage, Immigration Minister Sean Fraser said on Tuesday.

Canada now expects to welcome 465,000 new permanent residents in 2023, up 4% from a previous target, and 485,000 in 2024, up 7.5%.

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