We are already aware of the federal government’s immigration targets for 2020 to welcome nearly 341,000 newcomers. In shadows of Brexit & U.S. elections, Canada could be all open to competing for economic immigrants. 

 

Canada immigration has always been receptive to foreign skilled talent. Yet there is a minimum standard that any aspiring immigrant must showcase before qualifying for immigration to Canada. Here is a brief guide on how you can meet the standards of Canadian immigration in 2020. 

 

Comprehensive Ranking System (CRS)

Perhaps the most popular pathway for economic immigration to Canada is through the federal Express Entry programs. In order to qualify for associated programs under the Express Entry, it is required to register a profile on the federal Express Entry database & the profile is ranked based on the Comprehensive Ranking System.    

 

A CRS score is determined by core human capital factors such as age, work experience, education qualification, language proficiency. An eligible candidate is expected to meet the minimum CRS score to qualify for an Invitation to Apply (ITA) for permanent residence in Canada in the fortnightly federal Express Entry draws. 

 

Immigration programs under the Express Entry like the Federal Skilled Worker Program (FSWP) & Federal Skilled Trades Program (FSTP) require no job-offer from a local employer whereas Canadian Experience Class (CEC) requires a valid job offer.    

 

Settlement Funds for Express Entry programs

Successful applicants under FSWP & FSTP are required to submit proof of financial stability in the form of settlement funds to IRCC to qualify for permanent residence in Canada. The updated settlement funds criteria for the year 2020 is tabulated as below: 

 

Family members

Required funds (Canadian dollars)

1 $12,960
2 $16,135
3 $19,836
4 $24,083
5 $27,315
6 $30,806
7 $34,299

 

You may have to pay $3,492 more for each additional family member under the Express Entry programs in concern.   

 

Take this free assessment to get evaluated on your best options to immigrate to Canada in 2020. 

 

Regional Immigration to Canada

Eligible economic immigrants are expected to be targeted by the growing regional immigration programs in Canada. It was the case when provinces would target foreign skilled workers through PNP but the new year may signal the rise of regional immigration where the provinces would target specific class of population to cities. 

 

Ontario recently selected three communities to take part in its new Regional Immigration Pilot. The Atlantic Immigration Program which was started on a pilot basis for four Atlantic provinces of Newfoundland and Labrador, Prince Edward Island, Nova Scotia, and New Brunswick to welcome more than 4,000 more immigrants is likely to be made permanent. Also, the Rural and Northern Immigration Pilot (RNIP) that will ramp up in 2020 as 11 designated communities across Canada begin to recruit newcomers through the pilot.

The innovations in immigration rules have made aspiring immigrants update their skills accordingly. To stay relevant in the race of Canadian immigration, it is advisable to be updated on the latest news regarding Canada & its immigration policies. Contact your Canada Immigration Consultant to stay ahead in the game!

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