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Around the World

Applications for Canadian Permanent Residency hit 27,900 in 4 months

According to the April edition of the Canadian Immigration Newsletter, Canada has issued a total of 27,900 Invitations to Apply (ITAs) to Express Entry candidates so far in 2019. 

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Canada

According to the April edition of the Canadian Immigration Newsletter, Canada issued a total of 27,900 Invitations to Apply (ITAs) to Express Entry candidates so far in 2019.

Data contained in the newsletter shows that there was a quick rise in the number of invitations issued in the last four months

An earlier report indicated that the Canadian permanent residence (Express Entry system) hit 22,200 in the first quarter of 2019. This suggests that the total number of ITAs issued surged by 25.6% in just one month.

Higher admission targets for Immigration, Refugees and Citizenship Canada (IRCC)

The Canadian Immigration Newsletter further indicated that there is a high probability that the number of ITAs that will be issued in 2019 will greatly surpass 2018’s record, due to higher admission targets for Canada’s three Federal High Skilled classes in 2019 and 2020.

Note that in 2018, Canada set the current Express Entry ITA record of 89,800. A total of 21,000 ITAs were issued by April 17.

More opportunities as Canada prepares to welcome 350,000 new permanent residents by the year 2021

It has been reported that the Canadian Government plans to welcome 350,000 new permanent residents by the year 2021. 

In 2018, the total admission targets for all immigration categories in 2018 was 310,000. However, the total admission targets increased to 330,800 in 2019.

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According to Canada’s Multi-Year Immigration Plan covering 2018 to 2021, the total admission targets for all immigration categories have been set to 350,000.

Also Read: How to Apply for Canadian Permanent Residency from Nigeria on Your Own

About Express Entry 

Express Entry is a selection system for Canadian immigration, designed to select skilled workers for immigration to Canada. It is completely an electronic process involving the country’s federal government, provincial governments, and Canadian employers.

Also, it manages the pool of candidates for three of Canada’s main federal economic immigration programs — Federal Skilled Worker Class, Federal Skilled Trades Class, and Canadian Experience Class.

Eligible Candidates

Eligible candidates for these categories are entered into the Express Entry pool and assigned a ranking score based on factors such as age, education, work experience, and proficiency in English or French.

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The highest-ranked candidates are invited to apply for Canadian permanent residence through regular draws from the pool.

Samuel is an Analyst with over 5 years experience. Connect with him via his twitter handle

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                              Around the World

                              Trump to return to social media with his own platform in 2 months

                              Over 2 months after he was banned from Twitter, Facebook, others, Donald Trump is working on making a return.

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                              U.S. budget suffers a deficit of $3.1 trillion in 2020, as pandemic slams the economy, President Trump to decide fate of TikTok in 24-36 hours, Vaccine, America's Trump finally bans TikTok, WeChat, US imposes visa ban on Nigerians for election-related activities, I am not going to do second debate - Trump

                              Former US President, Donald Trump, will be back on social media in the near future, over 2 months after he was banned from Twitter, Facebook, and others.

                              This follows plans by the former President to launch his own social media platform within the next 2 or 3 months.

                              This disclosure was made by Trump’s Senior Adviser, Jason Miller, on Sunday, March 22, 2021, during a chat with Fox News’ #MediaBuzz.

                              READ: President Biden revokes Trump’s ban for green card applicants in US

                              What Donald Trump’s Senior Adviser is saying

                              Jason Miller, who was a spokesman for Trump’s 2020 campaign, told the media network that the former President would soon get back to social media space with a new platform of his own that would completely redefine the game.

                              Miller, while talking to Fox News, said, “I do think that we’re going to see President Trump returning to social media in probably about two or three months here, with his own platform. And this is something that I think will be the hottest ticket in social media; it’s going to completely redefine the game, and everybody is going to be waiting and watching to see what exactly President Trump does.”

                              Although he did not provide more in terms of details, Miller revealed that Trump had been having high-powered meetings at his Florida resort, Mar-a-Lago, with various teams regarding the venture, and that numerous companies had approached Trump.

                              Miller said the new platform was going to be big, while also predicting that Trump would draw tens of millions of people.

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                              In case you missed it

                              • It can be recalled that former President Trump was banned from Twitter after the January 6, attack on the Capitol by his supporters. He was accused of inciting his supporters after he rejected the US Presidential election result which he claimed was a fraud.
                              • Twitter last week said it would seek public input on when and how it should ban world leaders, saying it was reviewing its policy and considering whether leaders should be held to the same rules as other users.

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                              Around the World

                              Tesla investor sues Elon Musk for causing problems with his tweets

                              An investor in the US electric car maker, Tesla, has sued the company’s founder, Elon Musk over alleged erratic tweets.

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                              Tesla Investor Sues Elon Musk for Causing Problems with His Tweets

                              Elon Musk, the controversial multi-billionaire is being sued by an investor in his company. Musk is being accused by the investor of unsettling the markets and exposing his investors to high risk with his “erratic tweets”.

                              Chase Garrity an investor in the US electric car maker, Tesla, has sued the founder of the company for his erratic Twitter messaging which according to him, has exposed the company to high legal risks and billions in price losses.

                              The 105-page lawsuit was published in the US court of Delaware and it accuses Musk of violating the settlement negotiated with the US Securities and Exchange Commission in 2018.

                              READ: Battle of Titans: Elon Musk, Jeff Bezos share world’s richest title

                              The lawsuit also includes the entire Tesla board and its supervisory body for not calling Musk to order.

                              In May 2020 Musk caused a 14 billion dollar loss in market value on a single trading day with a series of unguarded tweets. He tweeted about Tesla’s market value being too high and how he was going to dispose of all physical assets.

                              The lawsuit stated that any further unbridled tweet from Musk would have dire consequences for Tesla’s future funding opportunities.

                              READ: Elon Musk gains $25 billion in a day, as Tesla surges by 20%

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                              What you should know 

                              • Remember Nairametrics posted a story on how Musk tweets once again caused a serious ripple effect in the crypto world. His tweet helped Bitcoin gain $6000. He later invested heavily in Bitcoin.
                              • Manager Magazine stated that analysts are not comfortable with such a move and view it as some kind of manipulation.
                              • Musk in April last year posted a joke photo of Tesla going bankrupt. This once again unsettled investors.
                              • Tesla Management has not released a statement on this fresh lawsuit.

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