Canada is on track to welcome many more new permanent residents than the annual target set in new immigration levels plan for 2023-2025 based on the latest data as of March 2023.
In November of 2022, Canadian immigration department set a target of welcoming 465,000 new permanent residents for this year, 485,000 new permanent residents in 2024, and another 500,000 in 2025.
Canada welcomed 145,330 new permanent residents in first quarter (Jan-Mar) of 2023; even though the overall immigration slowed in the month of February and March 2023.
As compared to the same time period in 2022 the number of new permanent residents landed were at 113,800.
If this trend continues, then Canadian immigration is on course to make a new record of landing more than 580,000 new immigrants.
As a result, the estimated rate of immigration this year would be 25% more than the IRCC’s target for 2023 and even 16% higher than the highest level set out for 2025.
In January 2023 Canada welcomed 50,905 new permanent residents, the highest number of new immigrants in a single month since 2015.