Since December 2020, the CRS has not fallen below 500 in an all-program draw.
Canada held its most recent all-program Express Entry draw on October 26. Since all-program drawings resumed on July 6, this is the ninth drawing. 4,750 applicants with a minimum Comprehensive Ranking System (CRS) score of 496 received invitations. Invitations could be sent to applicants from the Federal Skilled Worker Program (FSWP), the Federal Skilled Trades Program (FSTP), and the Canadian Experience Class (CEC). All of these initiatives work with the Express Entry framework.
All Express Entry program draws were put on hold for more than 18 months beginning in December 2020. Only those who qualified for the CEC or the Provincial Nominee Program (PNP) received invitations to apply throughout the hiatus (ITAs). Due to a backlog of applications brought on by COVID-19-related travel restrictions, the draws were put on hold. The IRCC also stopped holding lotteries for the CEC in September 2021.
Since drawings resumed, the CRS has never fallen below 500 until this draw. On December 23, 2020, the score was 468, which was the previous time it was this low. All-program Express Entry draws were put on hold following that draw in order to prevent the backlog of applications for permanent residence from growing.
The eight prior drawings where the number of candidates increased as the CRS score gradually declined to show that IRCC is able to increase the number of ITAs it issues by decreasing the CRS score.
In the near future, Immigration Levels Plan 2023–2025 is anticipated.
Each year, the IRCC publishes a new plan year, outlining the target number of immigrants that Canada wants to accept over the next three years. The statistics are further broken down by immigrant category and related programs. Through Express Entry, the Immigration Levels Plan aimed to bring in 55,900 additional permanent residents by 2022. Through Express Entry programs, Canada has so far accepted just over 28,000 new permanent residents between January and August 31. By November 1 of this year, a new Immigration Levels Plan is anticipated to be released.
What is an Express Entry?
The Canadian Experience Class (CEC), the Federal Skilled Worker Program (FSWP), and the Federal Skilled Trades Program all use Express Entry as their applicant management system (FSTP). Candidates for the Provincial Nominee Program (PNP) in the Express Entry pool are already qualified for at least one of these schemes.
The Comprehensive Ranking Method (CRS), a points-based system used by Express Entry, ranks candidate profiles. The highest-scoring applicants are given the Invitation to Apply (ITA), after which they can submit a permanent residency application.
An IRCC official examines the application once the candidate submits it and determines whether or not to approve the candidate. The applicant will then be a permanent resident of Canada and one step closer to obtaining Canadian citizenship if this is successful.
The "Immigration Selection Factors and the Earnings of Principal Applicants" report, which is an update of the 2015 investigation that had a significant impact on the development of the Comprehensive Ranking System, was just issued by Statistics Canada.
The study looked at the factors that had the biggest effects on new permanent residents' incomes in the short, medium, and long terms at the time of their arrival. It was discovered that pre-landing work experience, education, and language proficiency have remained among the determining factors. Pre-landing employment experience, particularly that gained in Canada, was found to have the most impact on a person's attitude toward their financial situation.