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    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa secures High Court Approval to boost future shareholder returns

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Petrol Jumps ₦110 per Litre as Dangote Ends Naira Pricing

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

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    Oil prices surge as US-Iran tensions reignite

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    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

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    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    CBN fines nine banks 150 million Naira each for failing to dispense cash

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    NREIT Targets N210 Billion Capitalisation With New N30.4 Billion Offer

    NREIT Targets N210 Billion Capitalisation With New N30.4 Billion Offer

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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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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