IRCC conducted Express Entry draw #326 for Canadian Experience Class candidates
On November 19, 2024, Immigration, Refugees and Citizenship Canada (IRCC) held the most recent Express Entry draw for the Canadian Experience Class (CEC) candidates. IRCC issued 400 Invitations to Apply (ITA) to candidates in the tenth CEC-targeted draw of the year. In round #326, the cut-off score was 539 points, 8 points fewer than the previous draw for this category held on November 13. The tie-breaking rule for this round was July 08, 2024, at 01:41:37 UTC. As of November 18, 2024, 218,167 profiles were registered in the Express Entry pool. In 2024, Canada has already issued 93,342 invitations through 48 Express Entry draws and invited 26,500 CEC candidates.
Canadian college faces $32 million loss due to international student cap
Algonquin College in Canada is bracing for a significant financial setback as recent policy changes by Immigration, Refugees, and Citizenship Canada (IRCC) limit international student permits. President and CEO Claude Brule revealed a projected $32 million revenue shortfall, with international student enrollment expected to fall short of budget targets by nearly 2,400 students in 2024. The new IRCC guidelines have rendered approximately 65% of Algonquin’s programs ineligible for post-graduation work permits, further complicating recruitment efforts. This situation highlights Canadian post-secondary institutions’ broader challenges as they grapple with policy shifts affecting international education.
Federal immigration adjustments impact Ontario’s housing objectives
Ontario’s ambitious plan to build 1.5 million homes by 2031 faces a significant challenge as the Federal Government announces reduced immigration targets for 2025-2027. The construction industry, already grappling with an aging workforce and labour shortages, relies heavily on skilled immigrants to fill crucial roles. With nearly 25% of workers in the Greater Toronto Area expected to retire by 2030, the lowered immigration intake could severely impact the province’s ability to meet its housing goals. Industry leaders warn that Ontario’s housing sector will struggle to meet demand without a robust and skilled workforce, potentially exacerbating the ongoing housing crisis and affordability issues.