Consider that the COVID-19 continues to cause serious financial challenges for PGP sponsors in 2021. IRCC established a Temporary Public Policy Considerations, the PGP sponsors will be exempted from the requirement of the minimum necessary income plus 30%.
For the 2021 taxation year, the PGP sponsors only need to meet the 2021 minimum necessary income requirement. For any other taxation years, the sponsors still need to meet the requirement of the minimum necessary income plus 30%.
Prior to the COVID-19 pandemic, the sponsors applying for PGP must meet the requirement of the minimum necessary income plus 30% for three consecutive years.
This public policy applies to new and pending permanent residence applications.
Currently, IRCC has not released information on the 2022 parents and/or grandparents sponsorship program.