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Episode 18: BCPNP Makes Entrepreneur Stream Permanent, Drop in Overqualified Immigrants, Immigration Updates

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Canada Immigration News Podcast Episode 18 BCPNP Makes Entrepreneur Stream Permanent, Drop in Overqualified Immigrants, Immigration Updates
Canada Immigration News Podcast
Canada Immigration News Podcast
Episode 18: BCPNP Makes Entrepreneur Stream Permanent, Drop in Overqualified Immigrants, Immigration Updates
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In this episode, we cover three major immigration news updates from Canada:

BCPNP Makes Entrepreneur Immigration Regional Pilot a Permanent Stream
– As of May 27, 2024, the Entrepreneur Immigration Regional Pilot has become a permanent immigration stream under the British Columbia Provincial Nominee Program (BCPNP)
– Part of the StrongerBC initiative to strengthen regional economies
– Allows entrepreneurs to immigrate to establish businesses in rural, interior and coastal areas of British Columbia
– Aims to attract international talent and investment to boost the provincial economy

Statistics Canada Reports Decrease in Overqualified Immigrants
– 2021 census data shows only 26.7% of recent immigrants were overqualified for their jobs, down from 31.1% in 2016 44.4% of immigrants had jobs matching their qualifications, up from 40%
– Suggests higher education increases economic integration as immigrants are more adaptable
– Improvement attributed to job growth in high-skilled fields and changes to immigrant selection favoring qualifications
– However, many highly educated immigrants remain underutilized

Immigration Backlogs and Inventory Update from IRCC
– As of May 27, 2024, there were 2.22 million total applications across PR, TR and citizenship inventories
– 44.4% of applications exceeded service standards
– 45% of temporary residence and 40% of permanent residence applications were backlogged
– 18% of citizenship applications also exceeded service standards Canada Expands

Humanitarian Measures for Gaza
– Application cap for Palestinian extended family members in Gaza increased from 1,000 to 5,000
– Aims to assist more people amid the ongoing humanitarian crisis
– Preparing for potential changes to facilitate safe exit from Gaza
– Working with Israel and Egypt on the situation

See also  Canada Immigration News Podcast #21 - Express Entry PNP Draw, Start-Up Visa Growth, Family Class Processing, Parents & Grandparents Immigration
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PNP Draws & Updates

DateProvinceInvitations
British Columbia June 1875 invitations
OntarioJune 17190invitations
QuebecJune 171281 invitations
Saskatchewana>June 13118 invitations
OntarioMay 11244 invitations
Check Out the Full List of PNP Draws➜

Canada Immigration News Podcast

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Recent Express Entry Draws

DrawNumber Of InvitationsMinimum CRS Points
298 (PNP)1499663
297 (CEC)3000522
296 (PNP)2985676
295 (French Lang.)1400410
294 (All Program)2095529
All Express Entry Draw Results ➜

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