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Immigration may help Canada lower interest rates

Immigration may help Canada lower interest rates

The policy interest rate was raised by the Bank of Canada (BoC) on October 26 by 50 basis points, or to 3.75%. Contrary to what some people may believe, there is no link between immigration and interest rates, and economists like Capital Economics’ Stephen Brown...
Express Entry CRS score drops to 496

Express Entry CRS score drops to 496

Canada held its most recent all-program Express Entry draw on October 26. Since all-program drawings resumed on July 6, this is the ninth drawing. 4,750 applicants with a minimum Comprehensive Ranking System (CRS) score of 496 received invitations. Invitations could...
Why Do People Immigrate to Canada?

Why Do People Immigrate to Canada?

For those of us who live here, it’s easy to see why many people choose to immigrate to Canada. Just one short visit and many people feel pulled to live in Canada permanently. Let’s explore why people immigrate to Canada–but first, let’s look at why this is such a...
IRCC: PGP 2022 immigration lottery has been completed

IRCC: PGP 2022 immigration lottery has been completed

The Parents and Grandparents Program (PGP) lottery for 2022 is already over. The Canadian PGP aims to assist Canadian sponsors in reuniting with their family members, allowing these parents and grandparents to obtain Canadian permanent resident status and take...