The following is a summary of developments in Canadian Citizenship and Immigration that took place or were announced over the last few weeks.

Canada leads the world in economic recovery and foreign investment conditions

Canada’s strong economy, sound fiscal position, and favourable foreign investment conditions make Canada the leader among G-8 nations. Canada’s financial situation and fiscal policies are the envy of countries facing crippling deficits. The 2010 G-8 and G-20 summits being held in Toronto are expected to focus on how to prevent another global financial crisis. Canada’s financial system can serve as a model for reforms in other nations. Canada is positioned to be the number one investment destination because it has reduced taxes and opened doors to foreign trade and investment.

Canadian immigration visa processing times have been cut in half since 2005

The average overall processing time for Canadian immigration applications decreased from 50 months to 26 months between 2005 and 2009. Legislation was introduced in 2008 to fast-track applications for skilled-workers and this is largely responsible for the decrease in average processing time. For example, applications by chefs, registered nurses, dentists, restaurant managers and 25 other qualifying occupations in the Federal Skilled Worker Category have an approximate processing time now of seven months.

Canada recognized by China as a world-class destination for potential investors

Canada is being recognized in China this week for being a world-class destination for potential investors. Canadian Minister of International Trade, Peter Van Loan, said Canada is one of the best locations in the world for investing in science and technology partnerships. Of the G-7 countries, Canada has one of the most generous research and development tax credits, solid economic growth, the world’s soundest banking system, and a high quality of life. Canada has shown true leadership in weathering the global economic downturn. “Chinese investors are enthusiastic about Canada’s success story and see our country as a hub of opportunity and as a dynamic business partner,” said Minister Van Loan.

Saskatchewan guarantees labour standards will be enforced to better protect Temporary Foreign Workers

The governments of Canada and Saskatchewan have signed an agreement that will help protect temporary foreign workers from exploitation and abuse. The two governments will share information in an effort to guarantee provincial labour standards are enforced. This will strengthen the integrity of the Temporary Foreign Worker Program. According to Saskatchewan’s minister responsible for immigration, Rob Norris, this agreement is aligns with Saskatchewan’s goal to be a great place to work and live for newcomers and temporary foreign workers. “Our priority is to ensure that the rights and well-being of all Saskatchewan workers are upheld and protected, including newcomers and temporary foreign workers,” said Norris.