
January 7, 2026 Edition
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Your Immigration Update
IRCC just invited 8,000 Canadian Experience Class candidates to apply for permanent residence in the first CEC Express Entry round for 2026. This huge round is the second largest round ever in CEC — meaning its the largest outside of that one mammoth draw inviting everyone in the pool in 2021.
The CRS cut-off (511!) gave us a glimpse into how competitive the pool is at the moment too. The last time we saw a CEC round with a lower cut-off was September 2024. In 2024, rounds inviting 4,000 or 5,000 people attracted cut-offs of 509-510. So, the fact that a round of 8,000 invitations has a cut-off of 511 shows just how competitive the pool is today compared to past years.
Congratulations to everyone who received an invitation in this round!
If you’d like to learn more, read our detailed analysis of this draw.
At the end of 2024, we made some Express Entry predictions for 2025. Now that the year is over, we looked back to see what we got right and what surprised us.
Here’s the quick recap:
CEC draws: We expected regular, steady draws. That didn’t happen. CEC was messy and inconsistent. But December was the exception, with about 11,000 CEC invitations in one month.
CRS scores: We got this one right. Scores stayed high all year. No CEC draw dropped below 510, and many were closer to 530.
French draws: The timing was off, but the focus stayed strong. There were fewer draws, but when they happened, they were big, often around 6,000 invitations at a time.
Trades + healthcare: Trades had only one draw. Healthcare was the opposite. We saw more healthcare draws than expected, especially later in the year.
The big takeaway? 2025 didn’t follow a clear pattern. Even when the goals stayed the same, draws changed often and without much warning. Going into 2026, it’s not just CRS scores that matter – it’s consistency too.
If you’re planning to study in Quebec in 2026, you’ll need to show a lot more money up front. Starting January 1, 2026, Quebec increased its proof of funds requirement – the amount you must show to cover living costs (not tuition).
For a single adult student, the minimum jumps from $15,508 in 2025 to $24,617 in 2026, an increase of $9,109. The increase is even bigger for families. For example, two adults and two children now need $49,234, up more than $21,000 from last year.
Quebec says the higher amount is meant to reflect real living costs and help students avoid financial stress after arriving. If you’re studying there, it’s a good idea to start planning early, explore scholarships, and compare costs with other provinces.
Immigration In The Media
Canada is bringing in a few new rules in 2026 that could affect immigration, taxes, and everyday costs. Here are the big ones:
Citizenship: New rules may help some “Lost Canadians” born abroad qualify for citizenship.
Immigration caps: Canada plans to welcome 380,000 new permanent residents in 2026 (down from 395,000 in 2025).
Canada Strong Pass: Free and discounted travel + attractions returns again in summer 2026.
Student visas: Canada plans to issue 155,000 new study permits in 2026 – a big drop from recent years.
Tax cut: Personal income tax drops to 14% in 2026 (down from 15%). This applies to the first $57,375 you earn, even if you make more than that.
Bank fees: Starting March 12, 2026, banks must cap NSF (bounced payment) fees at $10 (they’re often around $45–$48 today).
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Money Matters: Vancouver home sales hit a 25-year low in 2025
Greater Vancouver had its lowest home sales in more than 20 years in 2025. Only 23,800 homes sold, which is down 10% from 2024 and far below the usual average.
At the same time, more than 65,000 homes were listed, so buyers had more choice and sellers had a harder time. Prices also dropped across detached homes, condos, and townhouses.
Looking ahead, experts say 2026 could be better for buyers. With lower prices, lower borrowing costs, and lots of homes for sale, buyers are starting the year with more favourable conditions.
Those ready to shop may finally have a bit more breathing room and a better chance to find the right place. So, if you’re hoping to get on the property ladder in Canada, check out our guide to buying your first home.
Career Moves: Top Canadian Universities for Career Success in 2026
A new 2026 university ranking looked at which Canadian schools are best at helping students get ready for work after graduation. It focused on things like strong programs, student support, and real connections to employers.
The University of Toronto came in at #1, followed by McGill and UBC. Ontario schools showed up a lot, with 9 of the top 20 universities based in the province. The ranking looked at teaching quality, funding, student supports, industry reputation, and job networks.
If you’re choosing a school in Canada (or thinking about switching), this is a good reminder to look past the school’s name. Things like co-op programs, internships, and employer connections can make a big difference when it’s time to find a job.
If you’re applying as an international student, it’s a good idea to check which schools have the best study permit approval rates before you decide where to apply.
Today's Tip: Action items for newcomers preparing for the 2026 tax filing
Confirm your residency status for tax purposes: Your tax obligations and benefit eligibility depend on when you became a Canadian tax resident.
Set up a CRA online account: This lets you track your return, receive notices, and manage benefits without delays.
Treat your first tax return as a priority: It determines your access to key benefits and credits, not just your refund.
Start gathering documents now: Collect T4s, pay stubs, tuition receipts, and any settlement or relocation paperwork before tax season rushes begin.
Organize everything in one place: Clear records reduce errors, speed up filing, and make working with tax clinics or accountants easier.
File early to avoid delays: Early filing helps ensure benefits start on time and prevents last-minute stress during peak tax season.



