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    Canada plans to welcome up to 622,000 new permanent residents by 2027 under the new immigration plan

    Canada plans to grant permanent residence to up to 622,000 people by the end of 2027 through a combination of new admissions and measures to transition temporary residents to permanent status. The government has earmarked up to 200,000 places for temporary residents already in Canada, while its latest Immigration Levels Plan sets a target of up to 422,000 new permanent resident admissions in 2027.

    British investor Baillie Gifford fund marks down Dailyhunt parent amid revenue pressures

    The Schiehallion Fund pegged the fair value of its 1.3% holding in VerSe Innovation at $7.47 million, according to its portfolio disclosures reviewed by ET, implying a total company valuation of roughly $576 million.

    Canada asylum rules to change from November: What unfinished IRCC Portal claims must do

    Canada is set to implement changes to the asylum claim submission process starting November 3, 2026, to modernise the system. Applicants who have incomplete claims must log into the IRCC Portal to review and complete their applications. Those who do not submit by the deadline will face new questions in the revised system. Information from unfinished claims will remain saved if linked to the IRCC Portal before November 2.

    Canada plans to cut student and temporary worker arrivals, fast-tracks PR for 33,000 workers

    Canada plans to decrease new temporary resident arrivals over the next three years while maintaining permanent residency targets. The targeted intake for international students will fall to 155,000 in 2026 and further decline in subsequent years. Temporary worker admissions are also set to decrease, with higher priority given to needed skills. Permanent residency admissions will remain steady, focusing on economic and family reunification categories.

    Canada may raise immigration levels as population growth hits lowest since WWII

    Canada's Immigration Minister Lena Diab has signalled a possible increase in immigration levels as population growth hits its lowest rate since the Second World War. Prime Minister Mark Carney's government is expected to unveil an updated immigration plan in November, balancing economic growth and labour needs against housing affordability and pressure on public services.

    Ontario immigration update: C$80,000 earners get 10 points under new Canada PR pathway

    In a significant update to the Ontario Immigrant Nominee Program, Ontario has increased the points available for candidates with higher salaries. Those earning C$80,000 and above will receive a bonus of 10 points, elevating their odds of being nominated. This initiative seeks to entice skilled workers, particularly from India, by highlighting the value of their annual earnings.

    The Economic Times
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