Canada’s 2022 Budget Affix 'Long-term Competitiveness'


Mrunmayai Bobade
Updated on Apr 14, 2022 11:22 AM IST

Over the next five years, the Canadian government will invest CAD 385.7 million to assist an effective immigration procedure for international students. Canada's budget for 2022 is largely aligned with institutional priorities and will play a key role, but few measures are earmarked in the postsecondary sector.

Budget 2022 Highlights Canadian Govt's Immigration Goals

Latest Update (April 13, 2022):Over the next five years, the Canadian government will provide CAD 385.7 million for international students to assist the prompt and effective admission of a rising number of employees and students.

According to Universities Canada president Paul Davidson, the increased funding promises would help the country's immigration system remain competitive in the long run.

He said that they look forward to working with the government on putting these pledges into action so that international students may benefit from speedy and accurate visa processing.

Also Read:India-US Partnership: Education and Skills Development to Take Priority

There are a few measures specifically aimed at the postsecondary sector, Denise Amyot, president and CEO of CICan, remarked that budget 2022 includes numerous new efforts on the environment, labour market, innovation, and economic growth that correspond nicely with members' interests.

The "Immigration Levels Plan", as it is known in the budget, is outlined. It pledges to continue to be home to the skilled people living currently in Canada including international students in addition to solid global humanitarian commitments and supporting reunited family members.

According to a spokesman of the Canadian Bureau of International Education (CBIE), international students will play a crucial part in Canada's post-Covid social and economic recovery, both short- and long-term.

Initiatives aimed at strengthening community ties and bridging campus and community experiences throughout the student journey will benefit international students.

Investments in scholarships and fellowships for promising black student researchers, new Canada Excellence Research Chairs, help to improve research security at Canadian universities, and funds to encourage commercialization are all included in Budget 2022, said Davidson.

Also Read:US Universities Reinstate Mask Policies as Covid-19 Cases Increase

The CBIE spokesperson stated that a balanced strategy will assist to guarantee that talent is not poached from fragile or less resilient nations that badly need to protect and expand their human capital.

Not all international students who apply to Canadian universities want to stay once they finish their studies, which is not the desired outcome for either Canada or the source nations, he added.

Planning Your Higher Education in Top Canadian Universities?

Source: The PIE News


The Finance Minister of Canada, Chrystia Freeland, has announced the countrys budget outlining its anticipated spendingand earnings as well as the governmentpolicies for the year 2022.

Canada's Parliament will vote on the budget after its release. If a majority of MPs vote against the budget, a general election will be called.

Budget 2022 highlights that Canada will provide CAD 2.1 billion over five years and CAD 317.6 million in continuous financing to settle over 400,000 new permanent citizens each year.

Also Read:Australia to Improve Post-Study Work Visa Rules for Indian Students

The federal government also intends to alter the Immigration and Refugee Protection Act (IRPA) to provide express entry.

The country also intends to invest CAD 29.3 million over three years to develop a Trusted Employer Model to reduce red tape for the Temporary Foreign Worker Program (TFWP).

Further, the government is looking forward to changing the Citizenship Act to allow the safe and secure collecting and use of biometrics, to handle increased levels of citizenship applications.

On April 4, 2022, Canada announced five additional TFWP changes:

  1. LMIAs (Labour Market Impact Assessments) will now be valid for 18 months.

  2. The maximum period of employment for High-Wage and Global Talent Stream employees will be increased from two to three years.

  3. The amount of low-wage employment that companies in seasonal sectors can fill through the TFWP will no longer be limited.

  4. Employers will be permitted to employ a team of 20% -30% foreign personnel, depending on the industry, up from 10%.

  5. In places with an unemployment rate of 6% or greater, Canada will no longer automatically deny LMIA applications for low-wage jobs in the lodging and food services and retail trade sectors.

In March 2022, Canada enacted a variety of measures to assist Ukrainians in escaping the conflict. Holders of the Canada-Ukraine Authorization for Emergency Travel (CUAET) can stay in Canada for up to three years.

Also Read:Number of Indian Students in the US Increased by 12%, from China Dropped by 8%: USCIS

Prior to the pandemic, Canada aimed to accept 340,000 immigrants per year, but it now expects to accept 451,000 by 2024.

In February 2022, Canada declared that it would be increasing immigration numbers to bolster its post-pandemic economic recovery. The Immigration Levels Plan 2022-2024 plans for increased levels over the following three years.

Source: CIC News

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