Immigration Canada

January 2015, Citizenship and Immigration Canada (CIC) has a new electronic system called Express Entry to manage applications for permanent residence under certain economic immigration programs.

The Express Entry system is the first step to immigrate to Canada under these programs. Potential candidates can complete an Express Entry profile at any time. Note that there is no deadline to complete a profile and there are no caps on the number of candidates that will be accepted to the pool.
Anyone who is accepted into the Express Entry pool could get an Invitation to Apply for permanent residence. Draws to invite candidates to apply will take place regularly over the course of each year. We will only pick the top ranking candidates no matter when they were accepted into the pool.
If you are invited to apply, you will have 60 days to submit a completed Application for Permanent Residence online.

The first draw for an invitation to apply is planned for the last week of January 2015.

Features of the Express Entry program include the fact that Canada would be able to select the best candidates, who would be able to achieve success in Canada, rather than just the next person in the queue. Immigration authorities would also have access to an improved Job Bank for matching Canadian employers with the most suitable Express Entry Candidates.
The Government plans to invest $14 million over two years and $4.7 million thereafter, to ensure that Express Entry is a success.