Express Entry: an opportunity for immigrants to prosper and contribute economically in Canada

Canada has long been recognized as a country with a welcoming attitude towards immigrants. Immigration policies that attract new foreigners are diverse and if eligibility criteria are met and approved, foreigners can come to contribute their occupational expertise to the country economically. One of the best known and most successful of these immigration opportunities is Express Entry, which stands as a testament to the remarkable achievements and ethical, social and economic commitment of the Canadian government. In fact, the latest Express Entry annual report for the year 2022 sheds light on the scope that this system has had in offering an entry pathway for highly skilled people who chose to make Canada their new home and therefore want to opt for permanent residency, these immigrants with skilled work experience have been the ones who today occupy various jobs essential to lift the country's economy. 

One of the most impressive revelations of the report is the average salary enjoyed by immigrants who came to the country by this route, and the statistic reaffirms the substantial economic contributions they make to their new adopted homeland, further cementing the success of Canada's immigration policies.

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Express Entry immigrants earn more money than Canadian-born workers

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Express Entry immigrants report significantly higher average employment earnings compared to their Canadian-born counterparts. This trend has been ongoing since the inception of the system in 2015, in fact, the numbers speak for themselves:

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• In 2016, one year after admission, Express Entry immigrants earned a median income of $47,300 .
• In 2017, that figure increased to $56,500.
• In 2018, it was $53,200.
• In 2019, the median income was $53,400.
• Even in 2020, during the pandemic, they had an income of $50,500.

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In stark contrast, the median labor income for Canadians during these years was significantly lower:

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- In 2016, $34,050.

- In 2017, it increased slightly to $35,000.

- In 2018, it rose to $36,300.

- In 2019, it reached $36,960.

- By 2020, it had reached $37,080.

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Increasing prosperity for immigrants

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Undoubtedly, Express Entry immigrants have a marked tendency to see a progressive increase in their economic income from employment in the years following their arrival in Canada. Another sign of this trend is reflected in immigrants who obtained permanent residence through Express Entry in 2016 who had an average employment income of $56,500 in 2017, just one year after admission, and by 2020 these individuals were earning a remarkable $70,200, just four years after their initial admission to Canada.

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Better prospects for 2025

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As Canada continues to prioritize immigration as a means to drive economic growth and address demographic challenges, Express Entry remains at the forefront of these efforts. The annual report for 2022 reinforces Canada's commitment to welcoming highly skilled individuals from around the world and, in keeping with this commitment, Canada aims to admit more than 300,000 permanent residents through Express Entry between 2023 and 2025. 

In conclusion, these data reaffirm the Canadian government as a world leader in immigration and highlight the vital role that immigrants play in shaping the country's future.

For more information, you can read the Express Entry 2022 Report and Improving the Immigrant Labour Market in Canada.

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If you are considering immigrating to Canada and would like help in charting your immigration path to success, you can request a free assessment with one of our regulated Immiland consultants or schedule an appointment.

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With love,

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Immiland

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