In the next five years, you may the New Brunswick- the key Canadian province to accept a massively increased number of immigrants in the province. The number may rise to as high as 7,500 in the next five years, i.e. by 2024. This will be double the number of immigrants coming to the NB at the moment. The government considers immigration as a key tool to fight the socio-economic issues in the country raised due to the aging population and fall in the total workforce of the province of New Brunswick.
New Brunswick Government has designed a new population growth strategy to increase the number of economic immigrants coming to the province of New Brunswick. The government thinks that the momentous influx of skilled and talented people from overseas is essential for the development of the province in the future, which largely depends on attracting and retaining the new Canadians. The immigration increase is also critical for fulfilling the labour demands of the fast-growing industries as well as employers in New Brunswick.
As per the latest report, New Brunswick will generate close to 120,000 jobs over the next ten years. However, as per the New Brunswick Multicultural Council (NBMC) report, NB’s labour force is likely to lose 110,000 workers in the same period, majorly due to retirement.
The present and forthcoming working-age population is not enough, to take up the challenges of the high number of vacancies in the province. Hence, if immigration is not enhanced, this situation can even go worse.
The government will be soon burdened by the need for funds to meet the socio-economic needs of the non-working population and hence, luring and inviting the immigrants in New Brunswick.
The New Brunswick Provincial Nominee Program is a PNP (provincial nominee program) of Canada that runs in coordination with Canada’s federal government and gets the annual immigration quota every year from IRCC (Immigration Refugees and Citizenship Canada). The NBPNP nominates the qualified and talented skilled workers and business persons from overseas, to live permanently in New Brunswick and contribute to the local economy. The NBPNP has its own immigration streams and eligibility parameters. Some of these PNP streams target entrepreneurs, graduates, skilled workers with employer support, etc.
A Provincial Nominee Program or PNP offers a great pathway for skilled workers with low CRS (Comprehensive Ranking System) Score in Express Entry to enhance their point score and subsequently, win the Canadian permanent residency (PR) Invitation from IRCC, based on the same.
Check: Which PNPs Are Currently Open?
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