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Monthly Archives: May 2023

Immigration Consultant in Brampton Canada - Sayal Immigration   →  2023   →  May
May 11, 2023
May 11, 2023

Express Entry Draw 248 | 589 Invited in the 4th PNP Draw

Author By Team Sayal Categories Canada Immigration

Immigration, Refugees and Citizenship Canada (IRCC) recently issued 589 invitations to apply (ITAs) in a Provincial Nominee Program (PNP) specific draw. Candidates required a minimum Comprehensive Ranking System (CRS) score of 691 to be considered for the draw. In a PNP specific draw, candidates are already in the Express Entry pool but have also received a nomination from a Canadian province. This is the fourth PNP specific draw of 2023, with the last one occurring on March 1 and inviting 667 candidates. All draws since then have considered candidates from all Express Entry programs.

Proof of funds

On May 2, IRCC announced that the amount of money that Express Entry applicants must have access to in Canada has changed. All Express Entry candidates must show proof of funds to demonstrate that they have enough money to settle in Canada. Proof of funds is not required for candidates in the Canadian Experience Class or for Express Entry candidates who are authorized to work in Canada and have a valid job offer. This is true even for those who apply under the Federal Skilled Worker Program or the Federal Skilled Trades Program. To stay eligible for Express Entry, candidates must now update their profiles to reflect that they still have the required amount of settlement funds. IRCC updates the amount yearly, based on 50% of the low-income cut-off totals, and varies depending on how many people a candidate must be able to support.

Number of family members Funds required (in Canadian dollars)
1 $13,757
2 $17,127
3 $21,055
4 $25,564
5 $28,994
6 $32,700
7 $36,407
If more than 7 people, for each additional family member $3,706

Express Entry

This draw follows the April 26 draw in which 3,500 candidates were invited with CRS scores of 483. IRCC also invited 3,500 candidates on April 12 with CRS scores of 486. This number of candidates per draw is half of what was seen over March when IRCC invited more than 21,000 candidates over four consecutive draws, three of which invited 7,000 candidates. The total number of candidates invited in March was the second highest in Express Entry history, only exceeded by a draw in February 2021 in which 27,332 CEC candidates received an ITA.

April also marks a tentative return to a normal draw schedule. Typically, until late 2022 and throughout March 2023, Express Entry draws occur every second week on Wednesdays. Draws occurred weekly throughout March. The March and April draws also showed a return to typical all-program draws. Throughout January and February this year, most draws were program specific for the Provincial Nominee Program (PNP). However, on February 2, IRCC held the first-ever program-specific draw for the Federal Skilled Workers Program.

The Express Entry application management system oversees three economic immigration programs: the Federal Skilled Worker Program, the Canadian Experience Class, and the Federal Skilled Trades Program. Each program has unique eligibility criteria but are all similar in that candidates require skilled work experience. After a candidate self-evaluates if they are eligible for one of the programs, they must upload a profile on the IRCC website.

Express Entry uses the Comprehensive Ranking System (CRS) to score and rank candidates according to a score they receive based on their profile. The system takes an individual’s work experience, occupation, language ability, education, age, and other human capital factors into consideration when assigning a score. The highest-scoring candidates are the most likely to receive an invitation to apply (ITA) for permanent residence. Once a candidate receives an ITA, they have 60 days to send in their completed application. Once IRCC receives it, an immigration officer will review the application and decide if the candidate is approved.

May 8, 2023
May 8, 2023

Bank of Canada holds interest rates steady: Why that’s good for newcomers

Author By Team Sayal Categories Business Visa, Canada Immigration

The Bank of Canada recently announced that it would be holding interest rates steady at 0.25%. While this news may not seem particularly exciting, it is actually quite significant, especially for newcomers to Canada who may be looking to purchase a home or start a business. Interest rates play a crucial role in the Canadian economy, affecting everything from the cost of borrowing money to the value of the Canadian dollar. When interest rates are low, borrowing money becomes cheaper, making it easier for individuals and businesses to invest in their futures.

For newcomers to Canada, low interest rates can be especially beneficial. Many newcomers may be starting from scratch when it comes to establishing credit and building financial stability. Low interest rates can make it easier for them to obtain loans or credit cards, allowing them to build a solid financial foundation for themselves and their families. Additionally, low interest rates can make it more affordable for newcomers to purchase a home. Owning a home is a key part of the Canadian dream for many newcomers, but the high cost of housing in some areas can make it difficult to achieve. Low interest rates can help reduce the cost of borrowing, making it more feasible for newcomers to purchase a home and build equity over time.

For those who are interested in starting a business, low interest rates can also be an advantage. Starting a business requires a significant amount of capital, and borrowing money can be a key part of that process. With lower interest rates, borrowing becomes more affordable, which can help entrepreneurs get their businesses off the ground and grow them over time. While low interest rates may be beneficial for newcomers, it is important to remember that they can also have downsides. For example, low interest rates can lead to inflation and make it more difficult for retirees who rely on fixed incomes to make ends meet. However, for those who are just starting out in Canada, the benefits of low interest rates are likely to outweigh the drawbacks.

The benefits of low interest rates for newcomers to Canada are numerous. Here are a few key benefits to consider:

  1. Access to credit: Low interest rates can make it easier for newcomers to obtain loans and credit cards. This is particularly important for those who are just starting to establish credit in Canada. By having access to credit, newcomers can begin building a solid financial foundation for themselves and their families.
  2. More affordable housing: In many parts of Canada, the cost of housing can be prohibitively high. Low interest rates can help make mortgages more affordable, making it easier for newcomers to purchase a home and build equity over time. This can provide stability and security for families who may be looking to put down roots in Canada.
  3. Easier to start a business: Starting a business requires capital, and borrowing money can be a key part of that process. With low interest rates, borrowing becomes more affordable, which can help entrepreneurs get their businesses off the ground and grow them over time. This can create job opportunities and contribute to the local economy.
  4. Lower debt payments: For those who have existing debt, low interest rates can help lower monthly payments, making it easier to manage debt and work towards paying it off. This can be particularly important for newcomers who may be facing a range of expenses as they settle into their new lives in Canada.
  5. Boost to the economy: Low interest rates can provide a boost to the overall economy, leading to more job opportunities and economic growth. This can be particularly important for newcomers who may be looking for work or starting a business.

By making credit more accessible, housing more affordable, and business opportunities more feasible, low interest rates can help newcomers establish themselves and thrive in their new home.

Conclusion

The Bank of Canada’s decision to hold interest rates steady is good news for newcomers to Canada. Low interest rates can make it easier for newcomers to establish credit, purchase a home, and start a business. While low interest rates can have downsides, for many newcomers, the benefits are likely to outweigh the drawbacks. As always, it is important to consult with a financial professional before making any significant financial decisions.

May 6, 2023
May 6, 2023

Average Home price in Canada expected to drop in 2023-CREA

Author By Team Sayal Categories Business Visa, Canada Immigration
The Canadian Real Estate Association (CREA) has recently released a report indicating that the average home price in Canada is expected to decrease by 4.8% by the end of 2023. This news may come as a surprise to many homeowners and real estate investors who have seen consistent increases in housing prices over the past several years. One of the factors contributing to this expected decline is the current state of the Canadian economy. The COVID-19 pandemic has caused significant disruptions in many sectors, including real estate. Many Canadians have been forced to adjust their spending habits, leading to decreased demand for housing in some areas. Additionally, the pandemic has resulted in a decrease in immigration, which has historically been a significant driver of housing demand in Canada. Another factor contributing to the expected decline in home prices is the recent tightening of mortgage regulations by the federal government. In an effort to curb rising levels of household debt, the government has introduced stricter mortgage stress tests and decreased the maximum amortization period for insured mortgages. These measures are likely to reduce the number of potential homebuyers in the market, thereby decreasing demand and putting downward pressure on prices. However, it is important to note that this expected decline in home prices is not necessarily a cause for alarm. While it may be disappointing for homeowners who were hoping to sell their properties in the near future, it may actually present opportunities for potential homebuyers who have been priced out of the market in the past. Lower home prices may also lead to increased affordability and a reduction in household debt levels.   It is also worth noting that the expected decline in home prices is not uniform across all regions of Canada. Some markets may experience more significant declines than others, depending on factors such as population growth, employment rates, and housing supply. It is always important to conduct thorough research before making any significant real estate investment decisions. While the news of a potential 4.8% drop in the average home price in Canada by the end of 2023 may present opportunities for potential homebuyers, there are also several things to be cautious of when considering purchasing a home in this market.  
Here are a few things to keep in mind:
  1. Timing: It can be difficult to predict when the housing market will bottom out, and attempting to time the market can be risky. If you are planning to purchase a home, it is important to have a long-term plan and to be prepared for potential fluctuations in the market.
  2. Location: As mentioned earlier, the expected decline in home prices is not uniform across all regions of Canada. Some areas may experience more significant declines than others. It is important to conduct thorough research on the local housing market and economic conditions before making a purchase.
  3. Affordability: While lower home prices may seem appealing, it is important to ensure that you can still afford the monthly mortgage payments, property taxes, and other expenses associated with homeownership. It is important to take a careful look at your financial situation before making a purchase.
  4. Mortgage rates: While the Bank of Canada has held interest rates steady for now, mortgage rates could still fluctuate in the future. If mortgage rates rise, it could make it more difficult to afford monthly mortgage payments, even if home prices have declined.
  5. Home condition: When purchasing a home, it is important to carefully assess its condition to avoid unexpected repair costs down the line. If a home is priced low due to significant repairs needed, it may not be worth the investment.
  In conclusion, the expected decline in the average home price in Canada by the end of 2023 may come as a surprise to many, but it is not necessarily a cause for alarm. While it may be disappointing for some homeowners, it may present opportunities for potential homebuyers and lead to increased affordability in the long run. As always, it is important to conduct thorough research and seek professional advice before making any significant real estate investment decisions.
May 3, 2023
May 3, 2023

Indian students facing deportation from Canada due to fake admission offer letters

Author By Team Sayal Categories Education Visa, Study Visa

In recent months, several Indian students in Canada have been facing the possibility of deportation due to fake admission offer letters. These students were misled by fraudulent agents who promised them admission to Canadian colleges and universities, but provided them with fake admission letters instead. In this blog, we will discuss the situation facing these Indian students and the steps being taken by the Canadian government to address this issue.

Canada has become a popular destination for international students, including a large number of Indian students. According to the Canadian Bureau for International Education, there were over 172,000 Indian students studying in Canada in 2019. However, with the rising demand for education abroad, there has been an increase in fraudulent agents who prey on vulnerable students.

Many of these fraudulent agents promise admission to Canadian colleges and universities in exchange for large sums of money. However, they provide students with fake admission offer letters, which are not recognized by the institutions. This leaves students in a precarious situation, as they are unable to enroll in the institution they had planned to attend and may face deportation due to their immigration status being in question.

Current Situation

In recent months, several Indian students in Canada have been facing the possibility of deportation due to fake admission offer letters. Some students were able to enroll in other institutions, while others are still struggling to find a solution. The situation has caused distress and anxiety for these students and their families, who have invested significant resources in pursuing an education in Canada.

Steps being taken by the Canadian government

The Canadian government has taken steps to address this issue and support the affected students. The following measures have been taken:

  1. Increased awareness: The government has increased awareness of the issue and warned students to be cautious of fraudulent agents. The Canadian government has also urged students to verify the authenticity of admission offer letters before making any payments.
  2. Temporary Resident Permit: The government has introduced a temporary measure allowing students affected by the fraudulent admission offer letters to apply for a Temporary Resident Permit (TRP). A TRP will allow these students to remain in Canada until their situation is resolved.
  3. Criminal investigations: The Canadian government has launched criminal investigations into the fraudulent agents who provided the fake admission offer letters. The government has also advised affected students to report any fraudulent activity to the authorities.
  4. Support for affected students: The Canadian government has provided support for affected students through the Student Direct Stream program, which provides expedited processing of study permit applications for students from certain countries, including India.

If you are an international student from India looking to study in Canada, there are several things you should be careful about to avoid falling victim to fraudulent agents and fake admission offer letters.

Here are some key things to keep in mind:

  1. Research your institution: It is important to thoroughly research the institution you are planning to attend before making any payments. Verify that the institution is accredited by the relevant regulatory body in Canada and that it offers the program you are interested in.
  2. Verify the authenticity of admission offer letters: Verify the authenticity of any admission offer letters you receive by contacting the institution directly. Do not rely solely on the word of the agent who provided the letter.
  3. Be cautious of unsolicited offers: Be cautious of unsolicited offers from agents who promise admission to Canadian institutions. Do your due diligence and research the agent and their credentials before making any payments.
  4. Don’t make payments to individuals: Avoid making payments directly to individuals. Payments should be made directly to the institution or a reputable agent.
  5. Consult with a registered immigration consultant: It is advisable to consult with a registered immigration consultant or lawyer to ensure that you are following the correct immigration procedures and that your study permit application is in order.
  6. Report fraudulent activity: If you believe that you have been a victim of fraudulent activity, report it to the relevant authorities immediately.

Conclusion

The situation facing Indian students in Canada due to fake admission offer letters is a distressing one. The Canadian government has taken steps to address this issue, including increased awareness, temporary measures, criminal investigations, and support for affected students. It is important for students to be cautious of fraudulent agents and to verify the authenticity of admission offer letters before making any payments. Studying in Canada can be a valuable and rewarding experience, but it is important to be careful and vigilant throughout the process.

May 2, 2023
May 2, 2023

IRCC introduces new immigration measures to support Sudanese nationals

Author By Team Sayal Categories Canada Immigration, Study Visa
On March 24, 2021, the Canadian government announced new immigration measures aimed at supporting Sudanese nationals. The measures are designed to help Sudanese nationals who have been affected by the recent political and economic challenges in their home country. In this blog, we will discuss the new immigration measures introduced by IRCC (Immigration, Refugees and Citizenship Canada) and what they mean for Sudanese nationals who wish to immigrate to Canada. Background Sudan has been facing political and economic challenges for several years, including conflict and instability, inflation, and high unemployment rates. The situation has led to a significant number of Sudanese nationals seeking refuge in other countries, including Canada. To address this issue, the Canadian government has introduced new immigration measures to support Sudanese nationals and help them immigrate to Canada. These measures will provide greater opportunities for Sudanese nationals to come to Canada and build a better life for themselves and their families. New Immigration Measures The new immigration measures announced by IRCC include the following:
  1. A new program for resettlement: IRCC will be launching a new program that will provide resettlement opportunities for Sudanese nationals who have been displaced or are at risk in their home country. This program will prioritize the most vulnerable individuals and families, including women, children, and individuals with medical needs.
  2. Special measures for family reunification: IRCC will be introducing special measures to facilitate family reunification for Sudanese nationals. These measures will include prioritizing the processing of family sponsorship applications and providing additional resources to support families during the immigration process.
  3. Temporary measures for students and workers: IRCC will be implementing temporary measures to support Sudanese nationals who are already in Canada as students or workers. These measures will include extending work and study permits, as well as providing additional support for those who wish to transition to permanent residency.
  4. Improved processing times: IRCC will be prioritizing the processing of immigration applications from Sudanese nationals to reduce wait times and provide faster access to Canadian residency.
Implications for Sudanese Nationals The new immigration measures introduced by IRCC are expected to have a significant impact on Sudanese nationals who are looking to immigrate to Canada. The measures will provide greater opportunities for Sudanese nationals to come to Canada and build a better life for themselves and their families. The new program for resettlement is particularly important as it will prioritize the most vulnerable individuals and families who are in need of immediate assistance. The special measures for family reunification will also help to reunite families who have been separated due to conflict or other challenges in Sudan. The temporary measures for students and workers will provide additional support for Sudanese nationals who are already in Canada and wish to transition to permanent residency. This will allow them to continue building their lives in Canada and contribute to the Canadian economy and society. The specific documents needed for immigration to Canada as a Sudanese national will depend on the type of immigration program, however generally speaking, the following documents may be required:
  1. Passport: You will need a valid passport from Sudan.
  2. Language test results: You may be required to take a language test to prove your proficiency in English or French, depending on the immigration program you are applying for. The most commonly accepted language tests are the International English Language Testing System (IELTS) and the Canadian English Language Proficiency Index Program (CELPIP) for English, and the Test d’évaluation de français (TEF) for French.
  3. Educational documents: You may need to provide transcripts, degrees, diplomas or certificates from schools, colleges, or universities that you have attended. These documents should be in their original language and must be translated into English or French by a certified translator if they are not in one of these languages.
  4. Work experience documents: If you are applying for an immigration program that requires work experience, you may need to provide letters from your previous employers, detailing your job duties and work experience.
  5. Police certificates: You may be required to provide police certificates from Sudan and any other country where you have lived for more than six months.
  6. Medical examination: You will need to undergo a medical examination by a doctor approved by the Canadian government to ensure that you are in good health.
  7. Proof of funds: You may need to provide proof that you have sufficient funds to support yourself and any family members accompanying you during your stay in Canada.
These are some of the most common documents required for immigration to Canada as a Sudanese national. However, the specific requirements may vary depending on the immigration program you are applying for. Conclusion The new immigration measures introduced by IRCC are a positive step towards supporting Sudanese nationals who wish to immigrate to Canada. The measures will provide greater opportunities for Sudanese nationals to come to Canada and build a better life for themselves and their families. It is hoped that these measures will help to alleviate the suffering of Sudanese nationals who have been affected by the recent political and economic challenges in their home country.
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