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Canada announces to welcome one million immigrants in three years

11:52 AM | 4 Nov, 2017
Canada announces to welcome one million immigrants in three years
OTTAWA – The Canadian government has announced to raise legal immigration to one million over next three years in order to bridge a gap in its workforce.

Immigration Minister Ahmed Hussen unveiled the plan in the House of Commons on Wednesday under which the government will welcome additional immigrants, including skilled workers and families, annually.

Hussen, who is himself an immigrant from Somalia, called the plan need of the hour due to declining rate of birth and growing number of retirees in coming decades. According to an estimate, around five million more Canadian will be retiring over the next two decades.

He added the government will increase immigration to at least 310,000 next year (2018), 330,000 in 2019 and 340,000 in 2020.

Talking to media in a press conference, the minister said: “This plan will result in the most ambitious immigration levels in history and will guarantee Canada’s prosperity now and into the future”.

“The increase is to meet Canada’s ever-growing demand for skilled labour. We will continue to wisely use immigration as a tool to power our economy,” Hussen said, adding, “The multi-year planning will ensure predictability and stability for provinces and cities to plan ahead and do their parts.”

With the increasing inflow, the population of the country will grow by 0.9 percent every year which is stood at 0.8 percent in recent years. Canada’s population of 36.5 million people.

Meanwhile, the experts are of the view that as many as 450,000 immigrants should be added to the country annually to meet labour needs and support business.

According to Canadian statistics for the years 2011 to 2016, Africa is at the second position ahead of Europe as a source of recent immigrants.

Asia, including the Middle East, is the leading source of immigration.

The top source countries in these two regions were Nigeria, Algeria, Egypt, Morocco and Cameroon; and the Philippines, India, China, Iran, Pakistan, Syria and South Korea, respectively.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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