Mr. Speaker, we are a country that was built by immigrants. Our ancestors left their homes and their families and struggled to find a better life in Canada. Our government will do more to help these new Canadians settle down and get started.
Effective immediately, the right of permanent residence fee is reduced by 50%, from $975 to $490. We are increasing settlement funding by almost $307 million. We are taking action to establish a Canadian agency for the assessment of foreign credentials.