Canada’s 2026–2028 Immigration Levels Plan stabilizes permanent resident admissions at 380,000 per year from 2026 through 2028, roughly 20% below the record 484,000 admitted in 2024.
The plan tilts decisively toward economic immigration, which is set to make up about 64% of admissions by 2027–2028 — the highest share in decades. At the same time, targets for new temporary residents (students and workers) are being cut, with new arrivals capped at 385,000 in 2026.
For prospective applicants, the takeaway is more competition for a stable number of economic PR spots — making CRS score, provincial nominations, and in-demand occupations more important than ever.