The answer is yes. They would receive a letter, or they could talk to a customer service person who would say, for example, in the case of 214 people coming to Canada, that they applied with a study visa, and unfortunately that wouldn't be sufficient proof of permanent residency. They would be given that counselling, and they would be able to reapply if they have additional documentation that meets the criteria.
On October 31st, 2024. See this statement in context.