Monthly Archives: August 2012

Border Services Report Says Bogus Refugees From Hungary Could Cost Canada $222 Million A Year

A recent report by the Canadian Border Services Agency (CBSA) estimates that each refugee claimant who has their application rejected by the Canadian Immigration and Refugee Board (IRB), due either to lack of evidence of persecution in their home country or failing to show up to refugee hearings, costs the Canadian government over $50,000. The country that produces the highest […]

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Charges Laid in Marriage Immigration Scam Involving More Than 600 People

The RCMP laid charges against 39 people on Tuesday for their part in a marriage scam involving Canadian women marrying North African men and sponsoring them for Canadian permanent residency, in exchange for money. The RCMP investigation has so far uncovered 315 marriages, involving over 600 people, that it believes to be fraudulent, and it’s possible more people will be […]

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Finance Minister Wants Corporate Canada to Spend its $525 Billion in Cash

Canadian Finance Minister Jim Flaherty says the Canadian economy needs Corporate Canada to start spending the $525 billion in cash and other liquid assets that it has on hand. Since the financial crisis of 2008, Canadian corporations have been increasing their current assets in an effort to create a larger liquidity cushion to mitigate the risk from possible future economic […]

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Financial Posts Advises Canada Follow Australia’s Lead in International Students Policy

An article in today’s Financial Post by Diane Francis applauds recent changes that have made Canadian immigration policy more similar to Australia’s and recommends that Canada go further in emulating the other nation’s policies. It notes that a recent report by a government advisory panel has called for a doubling of international students in Canada and, like Australia, creating an […]

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CIBC Economist: Immigrants to Boost Canada’s Housing Prices

A report released today by a major Canadian bank says growth in the 25-34 age group and increases in immigration levels will likely push housing prices up over the next decade. The analysis, by CIBC World Market’s deputy chief economist Benjamin Tal, points to the propensity of Canadian immigrants to buy a home to support its conclusion. Statistics show that […]

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Canadian PM Promotes Resource Projects in Country’s North

Prime Minister Stephen Harper says “tremendous economic opportunity” lies in tapping Canada’s northern resources, describing it as a key to the country’s prosperity. The comments came in a press conference in the Yukon, which he visited as part of his seventh annual Northern Tour. The tour, which runs from August 20-24, is part of a long-term drive by the federal […]

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Immigration Dept to Clamp Down on Student Visa Misuse

The federal government plans on tightening rules for those on student visas to reduce inappropriate use of the visas to work in Canada. The new rules will seek to prevent the practice of gaining entrance into Canada on a student visa, but instead of attending school, using the time in Canada to work. Immigration Minister Jason Kenney says that while […]

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Details of Revised Federal Skilled Worker Program Released

Citizenship and Immigration Canada (CIC) unveiled information on Friday about the new Federal Skilled Worker Program (FSWP) that will be launched in the new year. The revised program will have more demanding language requirements, more selective credential assessment, and will give preference to Canadian work experience over foreign work experience, among other changes. CIC placed a temporary freeze on the acceptance of new applications […]

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Government Panel Recommends Doubling Number of International Students

Hot on the heels of a report commissioned by the Canadian Council of Chief Executives urging Canada to work to attract more international students, a government advisory panel released a report today recommending that the Canadian government double the number of foreign students it admits every year. The report cites the annual $8 billion contribution international students make to the […]

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Three Canadian Cities in Top 10 in World Liveability Ranking

The Economist’s annual liveability ranking was published on Tuesday and it placed three Canadian cities, Vancouver, Toronto and Calgary, in the top 10. Vancouver placed third for the second year in a row, failing once again to regain the first place position that it had held in the rankings for nine consecutive years until 2010. Ahead of Vancouver is Melbourne, […]

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