Canada Will Increase Immigration 8% in 2015

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Immigration Canada reports that Canada has admitted about 250,000 immigrants per year for the last five years.

The 2015 immigration plan unveiled by the government of Canada last week sets a target of between 260,000 and 285,000 new permanent residents next year, an increase of about 20,000 people from the goal for 2014.

Canada’s increased immigration levels, coincides with the implementation of a new Express Entry immigration system which processes immigrants to Canada under Economic Class programs.

The Express Entry immigration selection system came into operation in January, 2015

This could end up a bit above the medium population projection. Immigration was 269,000 to 275,000 in the 2014-2016 medium population projection. Canada usually comes within 5000-7000 of the to the high end of the immigration targets.

The High population projection from 2012 had 326,000 to 331,000 immigrants in the 2014-2016 timeframe.

Businesses and national newspapers in Canada are pushing for immigration levels of 350,000 to 400,000.

High Projection

2020   39 million
2025   42 million
2030   44 million
2035   47 million
2040   50 million
2045   53 million
2050   56 million
2055   59 million
2060   63 million

Medium Projection

2020   38 million
2025   40 million
2030   41.7 million
2035   43.5 million
2040   45 million
2045   46.5 million
2050   48.6 million
2055   50 million
2060   52 million

Increasing immigration to 1% of population 350,000 instead of 250,000 or to a minimum of 400,000 per year until it shifted to 1% of population would increase Canada’s population to about 90 million in 2080.

Canada Energy Superpower Scenario

Canada could use molten salt nuclear reactors to unlock three times as much oil from the Canadian oilsands. This would create a few hundred molten salt reactors which would then become their own proven product. Perfected molten salt reactors would burn up nearly all of the uranium (unlike about 5% in current reactors) and could bring costs down less than 1 cent per KWh. This would be four times cheaper than coal or natural gas power.

Background of projections for other Countries

Eurostat recently published projections out to 2060 as well.

If India, Indonesia and Brazil do not achieve strong per capita GDP over the next several decades then Canada could become the number three economy in world after China and the USA.

Japan and Germany are on track to have greatly reduced population levels by 2060 and this will get worse by 2080 to 2100.

SOURCES – Eurostat, Statscan, Cicnews, CanadaVisa, Immigration Canada