It costs more to become a Canadian citizen / Express Entry launched

We remember the days you could see a flick, grab a meal, enjoy a pint, become a Canadian citizen and still have change from $300

We fondly remember the days you could see a flick, grab a meal, enjoy a pint, become a Canadian citizen and still have change from $320

Two stories for the price of one today. First off … the bad news:

It’s now more expensive to become a Canadian citizen — up from $300 to a whopping $530. That’s a big hike, considering the last time it changed was only last February.

As Advisor.ca reports: “In an analysis of the new fees, the Citizenship and Immigration Department says the higher price will allow it to recoup almost all of the $555 in costs.

“Put another way, the government says that’s an estimated $41 million it won’t have to spend.”

In its analysis, the department said the fee jump may impose additional financial pressures on some people or families.”

Full story here.

The good news? Express Entry started yesterday. This video explains all …

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