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Cision Canada
8 minutes ago
- Cision Canada
Canada invests in services to support economic integration and fill labour market shortages Français
OTTAWA, ON, /CNW/ - Canada's new government has a mandate to build a strong economy by attracting the best talent in the world and filling key labour shortages. Today, the Honourable Lena Metlege Diab, Minister of Immigration, Refugees and Citizenship, announced more than $3.2 billion over three years across more than 520 organizations outside Quebec to improve the integration of newcomers, including into the job market, and to reduce labour shortages. Settlement services are essential to filling vacancies in high-demand sectors such as health care and skilled trades. With increased economic integration, newcomers can apply their skills quickly, fill critical labour gaps and boost productivity. Funding will be provided to local organizations to deliver tailored services that recognize regional considerations and needs, instead of applying a one-size-fits-all approach. Services will include support with getting a licence or certification in a regulated profession providing job-specific and general language training in English and French supporting French-speaking newcomers to integrate into Francophone communities outside Quebec These services will help newcomers build successful lives in Canada by supporting their economic, social and cultural integration into communities across the country. With an outcome-focused approach, Canada will attract a strong workforce and build one unified Canadian economy—the strongest economy in the G7. Quote: "Canada is focused on building more homes, better infrastructure and a clean economy—and newcomers are essential to making that happen. This investment is about giving newcomers the skills and opportunities they need to build their lives here and help build Canada at the same time. When newcomers thrive, our communities grow stronger, and we all move forward together." – The Honourable Lena Metlege Diab, Minister of Immigration, Refugees and Citizenship Quick facts: As of April 1, 2025, more than 520 organizations received funding to deliver settlement and resettlement programs and services across Canada. Organizations were chosen following a competitive national call for proposals. All applications were carefully reviewed to confirm they met eligibility requirements, were aligned with program priorities, provided good value for money and offered services that met newcomer needs. Under the Canada–Quebec Accord, the Government of Canada provides the province of Quebec with an annual grant for the delivery and administration of reception services and of services to support the linguistic, cultural and economic integration of immigrants who settle in that province, including resettled refugees. From April 2014 to January 2025, 47% of all permanent residents outside Quebec and 93% of resettled refugees accessed at least one IRCC-funded settlement service in Canada. Associated links: SOURCE Immigration, Refugees and Citizenship Canada


Globe and Mail
8 minutes ago
- Globe and Mail
Lucintel Forecasts the Global Carbon Fiber Textile Market to reach $3 billion by 2031
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end uses. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031. The major drivers for this market are growing demand for lightweight and high performance composite materials in transportation, According to a market report by Lucintel, the future of the global carbon fiber textile market looks promising with opportunities in the transportation, marine, wind energy, aerospace and defense, construction, consumer goods end uses. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031. The major drivers for this market are the growing demand for lightweight and high performance composite materials in transportation, marine, wind energy, aerospace/defense, and construction industries. A total of 107 figures / charts and 68 tables are provided in this 205-page report to understand trends, opportunity and forecast in carbon fiber textile market to 2031 by end use (transportation, marine, wind energy, aerospace and defense, construction, consumer goods, and others), product type (woven textiles and non-woven textiles), and region (North America, Europe, Asia Pacific, and the Rest of the World).. Lucintel forecasts that aerospace and defense will remain the largest end use by value over the forecast period due to higher strength and stiffness properties. Woven textile will remain the largest segment and expected to witness the highest growth over forecast period due to its wide application area in transportation, aerospace/defense, and wind energy industries. Download sample by clicking on carbon fiber textile market APAC is expected to remain the largest region due to presence of leading carbon fiber composite component manufacturers and North America is expected to witness the highest growth over the forecast period due to growing end use industries in the region. Saertex Group, Sigmatex (UK) Ltd., VECTORPLY CORPORATION, Chomarat, BGF Industries, SGL Carbon, Hexcel, SELCOM S.r.l, Toray Industries, Inc. are the major suppliers in the carbon fiber textile market. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@ To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard. About Lucintel At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: Tel. +1-972-636-5056 Explore Our Latest Publications Tertio Butyl Mercaptan (TBM) Market Krypton-85 Market Modified Polycarbonate Market Musk Ketone Market Media Contact Company Name: Lucintel Contact Person: Roy Almaguer Email: Send Email Phone: 972.636.5056 Address: 8951 Cypress Waters Blvd., Suite 160 City: Dallas State: TEXAS Country: United States Website:


CTV News
8 minutes ago
- CTV News
Chartwell purchases 6 retirement and seniors' communities for $432 million
Several senior and retirement communities will be purchased by a major housing provider as it expand its footprint across Ontario for nearly half a billion dollars. Chartwell Retirement Residences says it will purchase six senior and retirement communities, with a total of 1,024 suites, for $432 million across London, Waterloo, Dorchester and Mississauga, according to a news release. 'This was a great addition, certainly to our portfolio, we are very happy to expand in the very strong southwestern Ontario market,' Vlad Volodarski, chief executive officer of Chartwell told BNN Bloomberg in a Wednesday interview. 'We did not have a lot of presence in the London market in particular, and this portfolio gave us the opportunity to expand there.' Statistics Canada states there were about 7.6 million seniors (residents aged 65 and older) in Canada, representing 18.9 per cent of the total population in 2023. The agency estimates by 2030, seniors could represent from 21.4 per cent to 23.4 per cent of the total population. The purchased properties are Riverstone, Richmond Woods and Longworth in London, Dorchester Terrace in Dorchester, Westhill in Waterloo and Erinview in Mississauga. Chartwell will pay $416.2 million for the properties while Dorchester Terrace townhomes will be paid on competition of construction for $15.8 million. Construction is expected to be completed in the fourth quarter of 2026. 'We've announced over the last probably 18 months, over $2 billion worth of acquisitions, and we continue to look for opportunities to add high quality properties to our portfolio going forward, to take advantage and to serve more seniors across the country, because the demand continues to grow,' said Volodarski. Chartwell's revenue was $661 million with a net income of $49.5 million, according to an annual report. The company owns 200 properties, serves over 25,000 seniors and employs 16,000 people across Ontario, Quebec, Alberta and British Columbia, according to its website. The acquisition includes additional land at the Erinview site, with the potential to develop an additional 140 suites. The purchase price will be settled by assuming in-place debt of $232.7 million, a majority CMHC-insured, and in part from proceeds of already planned CMHC financings this year of $240 million.