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    NNPC acquires equipment to build 40 CNG filling stations

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    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

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    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu prison transfer request stalls as court insists on hearing from FG, NCoS

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

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    NNPC acquires equipment to build 40 CNG filling stations

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    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

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    Nigeria Imposes 10% Tax on Short-Term Investment Interest

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    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    JUST IN: Femi Otedola Exits Geregu Power in $750 Million Deal

    Nike climbs 5% after Apple CEO buys $3M of shares

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    Presco Plc Acquires 10,000 Hectares in Cross River State for Palm Oil Expansion

    Presco Plc Acquires 10,000 Hectares in Cross River State for Palm Oil Expansion

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    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Terrorists attack presidential guards in Abuja after threat to abduct Buhari

    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu prison transfer request stalls as court insists on hearing from FG, NCoS

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Federal High Court fixes December 8 to hear Nnamdi Kanu’s transfer request from Sokoto prison

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Abubakar Badaru resigns as minister of defence

    Abubakar Badaru resigns as minister of defence

    • Nigeria
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    • All
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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

    Why Made in Nigeria Cement Is Cheaper Abroad – Dangote

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery Cuts Petrol Price to ₦699 per Litre

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    CBN Rolls Out New Cash Rules, Sets Fresh Withdrawal Limits for 2026

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    • Economic Data
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    MTN Nigeria to pay over N200 billion final dividend for 2022

    Nigeria Infrastructure Debt Fund Declares ₦4.68 Distribution for Q4 2025

    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Continues $100m Buy-back With New Share Repurchase

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries ₦42bn Public Offer Opens for Subscription

    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Updates Share Capital and Voting Rights

    Aradel Holdings to list shares on NGX Main Board October 14

    ARADEL Holdings increases stake in ND Western to 81.67%

    Sunny Anene raises his stake in United Capital Plc

    JUST IN: Femi Otedola Exits Geregu Power in $750 Million Deal

    Nike climbs 5% after Apple CEO buys $3M of shares

    Nike climbs 5% after Apple CEO buys $3M of shares

    Presco Plc Acquires 10,000 Hectares in Cross River State for Palm Oil Expansion

    Presco Plc Acquires 10,000 Hectares in Cross River State for Palm Oil Expansion

    Lasaco Assurance Plc announces delay in share reconstruction

    LASACO Assurance Plc Approves Capital Raise, Increases Share Capital to ₦36.08bn

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    CEO of Ecobank Group to retire, new CEO announced

    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

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    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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Canada reduces Permanent Residents permits application slots

Friday, 25 October 2024, 4:32 pm
in News, World
0
Canada reduces Permanent Residents permits application slots
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The Canadian government has announced new measures to manage population growth by reducing the number of permanent residents allowed into the country.

On Thursday, Minister of Immigration, Refugees, and Citizenship Marc Miller stated that instead of the previous target of 500,000 permanent residents annually, the intake will be lowered for the next three years. This change will take effect in 2025. The revised plan will welcome 395,000 permanent residents in 2025, 380,000 in 2026, and 365,000 in 2027.

Miller explained that the 2025–2027 Immigration Levels Plan aims to pause short-term population growth in order to achieve sustainable growth in the long term. “The levels plan includes controlled targets for temporary residents, specifically international students and foreign workers, as well as for permanent residents,” he said.

“Today’s announcement is the next step in our plan to address the evolving immigration needs of our country. While it’s clear our economy requires newcomers, we recognize the pressures facing our nation, and we must adapt our policies accordingly. These changes will help immigration work for our country, ensuring everyone has access to quality jobs, housing, and support to thrive. We have listened to Canadians, and we will continue to protect the integrity of our immigration system while growing our population responsibly,” he added.

Additionally, the Levels Plan aims to reduce temporary resident volumes to 5% of Canada’s population by the end of 2026. Specifically, compared to each previous year, Canada’s temporary population is expected to decline by 445,901 in 2025, 445,662 in 2026, and see a modest increase of 17,439 in 2027.

Canada’s population has experienced significant growth in recent years, reaching 41 million in April 2024, with immigration accounting for nearly 98% of this growth in 2023. Of that, 60% can be attributed to temporary residents.

Vivian Ifunanya Gerald

Administrator and Writer

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