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April 27, 2022 Canada | Budget 2022 and the updated immigration imperative Canada’s immigration system over the years has prided itself on predictability and transparency. Due to COVID-19 and various other global crises, at the time of writing the following is true:
These are just a few of the processing issues and delays that are challenges for the Canadian immigration system today. Before the pandemic, immigration was seen as a critical driver of economic growth and an important tool to address demographic challenges of an aging population. This has not changed in the post-pandemic era, as labor shortages continue and the fast pace of baby boomers leaving the workforce will remain for at least another decade. A Tax Alert prepared by EY Law LLP, and attached below, provides additional details. _________________________________ ATTACHMENT Full text of Tax Alert | |||