Canada becomes best destination for students and other investors as they target immigration figure of 300,000 minimum yearly

While the United Kingdom in a bid to reduce net migration to the tens of thousands through unfriendly policies that are currently scaring students and other investors away from the country, other countries are beginning to woo such prospective students and investors.

One of such country is Canada which just signed an historic trade deal with the EU. The country has put in measures to welcome a minimum of 300, 00 immigrants yearly, so that the pressure on their economy could be put under control as result of increasing ageing population of the country.

The information was made public by the Canadian Immigration Minister, John McCallum on Monday. Though the targeted figure is in line with this year’s remarkably high intake sum, it was nevertheless below targets after a report was suggested last week to increase the percentage to 450,000 immigrants per year.

“In 2016, we jumped to 300,000 largely as a consequence of our special actions on Syrian refugees,” McCallum said.

“What I am announcing today is that for 2017 we will make that 300,000 permanent and it will become the foundation for future growth in immigration,” he said, adding that this rate is “40,000 above the historic norm.”

According to the announcement, over 50 percent of the newcomers will be economically active immigrants and investors who that would accepted under an economic class.

While the rest will be spouses, children or parents of children who have become Canadian citizens, refugees, and others admitted on humanitarian or compassionate grounds.

This year’s large influx of immigrants was notably boosted by the urgent resettlement of some 30,000 Syrian refugees in desperate need at the start of the year.