Behind the Headlines – Scroll Deeper
Smoke and Mirrors
The Headline; “The Government of Canada adds 401,000 new permanent residents in 2021.”
This news is fantastic; however, you need to dig deeper and scroll to the middle of the official news release below.
Not New People
These 401,000 new permanent residents were already in Canada. So therefore, all the government did was speed up the process to move these folks from temporary to permanent residents.
The vast majority of these folks in Canada would have become permanent residents soon.
Real Story Behind the News
The real story is we are still locking down our borders; in addition, the hard work and need for more immigration are far from over.
Make sure you read this entire blog post. Why?
The new opportunities for Canadians and Americans could be massive in 2023, 2024, and beyond.
In addition, to this blog I was recently interviewed to give further importance to immigration, COVID-19, investment real estate, the fossil fuel industry for Alberta and Canada; please listen to “Where Should I Invest?” Podcast hosted by Sarah Larbi. (click on the guest podcast link below)
Government of Canada – News release
Government reaches the target of 401,000 new permanent residents in 2021
December 23, 2021—Ottawa—All Canadians originally come from somewhere else, with the significant exception of Indigenous people. The story of immigration fills many chapters in the history of Canada—including the most recent one. To support Canada’s post-pandemic recovery and chart a more prosperous future, the Government of Canada set a target of welcoming 401,000 new permanent residents in 2021 as part of the 2021–2023 Immigration Levels Plan.
The Honourable Sean Fraser, Minister of Immigration, Refugees, and Citizenship, announced that Canada has reached its target and welcomed more than 401,000 new permanent residents in 2021. Surpassing the previous record from 1913, this is the most newcomers in a year in Canadian history.
This historic achievement is particularly significant in the face of the pandemic’s many challenges. From closed borders to domestic lockdowns, global migration has been upended by COVID-19. But the employees of Immigration, Refugees and Citizenship Canada (IRCC) rose to the occasion and processed a record half a million applications in 2021. To achieve this, IRCC added resources, embraced new technology and brought more processes online. These changes are all permanent improvements to Canada’s immigration system.
More News …….
As we continue to struggle with the pandemic, we made the most of the talent already within our borders. The majority of these new permanent residents were already in Canada on temporary status. Most notably, we launched new programs to engage essential workers, health care professionals, international graduates and French-speaking newcomers. Family reunification is another pillar of our system, and we reunited spouses and children while enabling more families to sponsor parents and grandparents. Finally, with many countries closing their doors to refugees, we continued to offer the world’s most vulnerable shelter in Canada.
Canada needs immigration to drive our economy, enrich our society and support our aging population. One in 3 Canadian businesses is owned by an immigrant, and 1 in 4 health care workers is a newcomer. Business, labour market experts and economists all agree that immigration creates jobs, spurs innovation and helps address labour shortages. New Canadians contribute to communities across our country every day, and we will continue welcoming more of them as we build the Canada of tomorrow.
“Reminder – the people in the news release, were already in Canada.”
Tidal Wave of Immigration
We as a country will need to get caught up on real immigration growth.
Reread the last paragraph in the news release; if this doesn’t motivate you to look beyond the headlines? What will?
Canada is seriously behind the immigration curve to meet the real numbers set and required. As a nation, we need to open the Canadian borders and allow new immigrants into Canada. Without these folks, our economy will stay stagnant.
But, in addition, we need to get our elected government representatives to ensure that our Immigration Department has the resources to process a tidal wave of the people required to land on the shores of Canada.
What will draw people to want to make Canada their home?
The answer is simple and outlined below.
Canada is a beckon to the world and now is……….
Ranked as Best Country in the World
WASHINGTON, April 13, 2021 /CNW/ — For the first time, Canada takes the top spot overall in the 2021 Best Countries Report, a ranking and analysis project by U.S. News & World Report; BAV Group, a unit of global marketing communications company VMLY&R; and the Wharton School of the University of Pennsylvania.
It’s not the Why; it is the How. How can we open our doors to new immigrants now and still deal with COVID-19?
According to the Government’s news release above 1 in 4, healthcare workers are sourced from newcomers to Canada. No wonder are healthcare workers are tired, and some are leaving the profession. In addition, we are not letting anyone into Canada to give these folks the relief they need from carrying the healthcare load.
The definition of insanity, according to Albert Einstein, is doing the same thing repeatedly and expecting a different result.
Keeping immigrants out of Canada is not working. Therefore, let’s learn the lessons and develop ways to manage COVID-19 as part of our daily lives. In addition, let’s give our healthcare workers and our economies some relief.
At Some Point
At some point, we will have to allow for the actual immigration. Canada needs to take care of itself as a nation.
Like former President Obama said, “The World Needs More Canada.”
The better-off Canada is the better-off is the World.
Housing Our Needs
My blog is all about investment real estate and getting you to take action. Above all, it would be best to have investment real estate as part of your financial portfolio. Why?
Where will we house all of these new people coming to Canada?
With my father in the armed forces most of his career, we were tenants for the first twenty years of my life. Thank God for the owners of rental real estate; I can not think of a nobler thing to do than give people a good and safe place to live.
If you read my book, 31 Days to Purchasing and Renting Your First Investment Real Estate Property, you can learn a ton on how to get started.
One of the most significant opportunities I describe in my book is purchasing a duplex or bungalow, a sure-fire method to get you to care for your housing needs and a renter.
A simple change in the configuration of a bungalow can create a new housing unit. Therefore, creating a housing unit that will be desperately needed.
Give people a hand up while building a solid financial foundation for you and your family.
There are many opportunities for everyone; therefore, I would be honored if you bought one of my books and gave one as a gift to educate others on the benefits to your community on owning investment real estate.
Think Beyond Housing
And even though housing is going to be a large part of helping immigrants settle into our country. Similarly, you need to consider the massive opportunities in almost every industry in Canada, and the employment created.
In conclusion, there is no better time than in 2022 to plan for the incredible times ahead for Canada. But, above all, the time is now, whether you want to have a side hustle or build a full-time business.
To Your Success!