Union city condos.Real estate speculation continues to drive up house prices. Canada has always been a paradise for immigrants, but heaven may give you a heavy blow. Immigration Canada recently announced plans to cancel 280000 applications for skilled migrants, sparking a series of protests around the world, including Chinese.Please Visit: Union city condos to Get Your VVIP Registration Today!
Canada has always been a paradise for immigrants, but heaven may give you a heavy blow. Immigration Canada recently announced plans to cancel 280000 applications for skilled migrants, sparking a series of protests around the world, including Chinese.
Some analysts pointed out that Canada’s move may be related to rising housing prices. It is understood that house prices in Canada, especially those in Vancouver and Toronto, have risen instead of falling in the past few years when house prices in the United States have plummeted. apart from the sharp drop in mortgage interest rates, it is related to immigrants from emerging countries, especially immigrants from China.
Property speculation continues to push up local house prices, high housing prices have seriously affected the lives of local people, the national debt ratio has increased, and the Bank of Canada also warned in early March that excessive national debt is a serious risk. Many local economic experts have also issued a joint appeal for the government to intervene immediately to correct this abnormal economic anomaly. The Canadian government has to make a new thinking on immigration policy.
According to Canadian Immigration Minister Connie’s plan, all federal skilled immigration applications that have not yet been finally decided will be annulled, affecting as many as 280000 people.
In fact, there was an omen long before this big news. On March 7 this year, Connie proposed a number of measures to reduce the backlog of federal skilled immigrants, including writing off old cases, but they were opposed by many local immigration lawyers. They think that it is “unfair to those who are already waiting in line to apply.”