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Around the World

Canada invites 4,500 Express Entry Candidates, as cut-off score drops to 470

The Canadian Government has invited 4,500 Express Entry Candidates to apply for its permanent residency in its latest draw held on 19 February 2020.

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Canada to receive over 1.2 million immigrants in next 3 years, Canada invites fresh 3,500 candidates to apply for permanent residence, Canadian Study Permit: Nigeria ranks 8th highest receiver in 2019, Canada invites 4,500 Express Entry Candidates, as cut-off score drops to 470, COVID-19: Canada shuts borders to ALL countries except US

The Canadian Government has invited 4,500 Express Entry Candidates to apply for its Permanent Residency (PR) in its latest draw held on February 19, 2020.

The report stated that this invitation round is the highest draw ever held by Canada.

This increase is channelled towards the Government’s commitment to reaching this year’s target of 85,800 ITAs.

The minimum Comprehensive Ranking System (CRS) score in this latest invitation round was 470, 2 points lower than the previous draw held earlier in February.

Meanwhile, the tie-break applied in this round of draw was 13 January 2020. This means that all candidates with CRS scores of 470 or above, who entered their profiles in the Express Entry before the date received invitations to apply.

Canada invites 4,500 Express Entry Candidates, as cut-off score drops to 470

[READ MORE: Canada invites fresh 3,500 candidates to apply for Permanent Residence)

How CRS Score works

Candidates are ranked based on a score awarded under the CRS, which considers factors such as age, education, skilled work experience, and proficiency in English or French.

A set number of the highest-ranked candidates are issued an ITA for Canadian permanent residence through regular draws from the pool.

These invitation rounds typically take place every two weeks and the vast majority involve candidates from all three Express Entry-managed categories which are: the Federal Skilled Worker Class, Federal Skilled Trades Class and Canadian Experience Class.

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In order to reach this year’s 85,800 ITA target for new permanent resident admissions, the Canadian government would need to start issuing larger numbers of invitations in every draw.

The latest draw is the 4th in 2020, which brings the total number of ITAs issued this year to 14,800 indicating 17.25% of target met.

Canada invites 4,500 Express Entry Candidates, as cut-off score drops to 470

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[READ ALSO: Canada invites 85,300 candidates for permanent residency in 2019)

Other opportunities

Nine Canadian provinces and two territories have what are known as “enhanced” PNP streams that are linked to the Express Entry system. This Provincial nomination earns the applicant an additional 600 CRS points and effectively guarantees an invitation for Canadian permanent residence.

Some of Canada’s Express Entry-aligned provincial nomination streams that have issued invitations this year include Ontario, Manitoba, Alberta, Saskatchewan, Prince Edward Island and British Columbia.

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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.

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%

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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