Canada Global (Web News) In addition to the $15 million over three years that was announced in Budget 2022, Ontario is committing an additional $25 million over the next three years to increase the number of skilled immigrants it accepts. The investment will help the province’s economy thrive while addressing labour shortages.
One-third of all immigrants to Canada land in Ontario, which is the country’s most frequent landing location. In order to reach a record high of 18,000 economic immigrants by 2025, the province and the federal government announced a doubling of the number of immigrants the province will choose.
“Our administration is prepared to welcome more talented immigrants to Ontario to assist in creating the roads, transit, schools, residences, and hospitals that our expanding population requires. We’re doing everything we can to make sure we have the workforce needed to contribute to the development of Ontario as we continue to address historic labour shortages. Doug Ford, the premier of Ontario, declared, “Everybody’s on deck.”
The increased investment in Budget 2023 will expedite the application process and make sure that newcomers to Ontario may begin working in their professions soon, according to the Ontario website. To ensure that the system can handle growing demand both now and in the future, the cash will improve security and other Technology enhancements.
The provincial nominee programme for Ontario is called the Ontario Immigrant Nominee Program (OINP) (PNP). The PNP is the most popular route for skilled workers to come to Canada.
A provincial nomination from Ontario may be obtained by potential immigrants through OINP, and they can then apply to Immigration, Refugees and Citizenship Canada for Canadian permanent residency after receiving the nomination (IRCC).
Candidates are given a Comprehensive Ranking System score based on points through Express Entry (CRS).The opportunity to submit an application for permanent residence is subsequently granted to the top candidates. An additional 600 points are awarded to those who have received a nomination from a province with an expanded programme, practically guaranteeing them an Invitation to Apply (ITA) for permanent residency.
2023 Budget of the Ontario government, Building a Strong Ontario
Described as a “responsible, targeted approach to support people and businesses today, while creating a strong fiscal foundation for future generations,” Ontario’s 2023 Budget is titled Building a Strong Ontario.
In addition to the $25 million investment in the OINP, the budget includes several significant policies that would impact immigrants from Ontario. The government commits to putting money towards skill development, modernising the apprenticeship and skilled trades systems, and assisting new immigrants in using their abilities.
In order to assist workers and job seekers in acquiring the skills they need to take on new opportunities and progress their careers, Ontario is specifically allocating $75 million into the Skills Development Fund over the next three years. In order to provide access to training facilities and prepare more people for employment in the skilled trades and other in-demand occupations, the government is also investing $224 million in 2023 and 2024 in a new capital stream of the Skills Development Fund.
The housing crisis and difficulties with home affordability are also covered in the Budget. By 2031, the government hopes to have constructed 1.5 million residences.
