ANNOUNCED AS TEMPORARYNo
Labour market access
On June 19, 2014 the Economic Action Plan 2014 Act (Bill C-31) received Royal Assent and became law. Among other things, this bill terminated the federal Immigrant Investor Program (IIP) and federal Entrepreneur Program (EN), each of which were intended to encourage immigration by prospective investors. 'Large backlogs of applications, particularly in economic immigration programs,' according to Citizenship and Immigration Canada, 'are the biggest challenge to Canada's immigration system. The large backlog of IIP and EN applications acted as a drag on the immigration system as a whole.' The elimination of these programs was followed in January, 2015, by the launch of a new program known as Express Entry. This program is used to manage applications for permanent residence under the Federal Skilled Worker Program, the Federal Skilled Trades Program, and the Canadian Experience Class. Candidates are ranked against others in the pool using a point-based system called the Comprehensive Ranking System under which points are awarded using the information in their profile. They are awarded points for a job offer, and/or a nomination from a province or territory, and/or skills and experience factors. Candidates with the highest scores in the pool will be issued an Invitation to Apply. Provinces and territories can also recruit candidates from the Express Entry system through their Provincial Nominee Programs to meet local labour market needs.
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