The 2024–25 fiscal year represented a turning point for the immigration sector in Canada and marked a period of challenge and careful recalibration for ISSofBC. Following a period of growth and increased revenue in 2023–24—driven by expanded service delivery, particularly under the Resettlement Assistance Program (RAP) and the Afghan Special Initiative (ASI)—2024–25 saw a substantial reduction in immigration levels nationwide. This shift led to a corresponding decline in federal and provincial funding and introduced considerable uncertainty around our operational capacity, including staffing, program sustainability, and the future of several service locations.

Despite these pressures, we are pleased to report that we concluded the year near break-even. This outcome is the result of disciplined financial stewardship, additional financial support from community funders, and a collective commitment to further cost management across the entire organization.

ISSofBC remains firmly grounded in its guiding principle to welcome and support newcomers with compassion and integrity. In response to the changing environment, we implemented a prudent and proactive approach to financial planning—monitoring expenditures closely, streamlining operations where necessary, and ensuring that the needs of our clients remained at the forefront. At the same time, we engaged constructively with our funders to advocate for continued investment in settlement and integration services.

As we look ahead to 2025–26, we anticipate continued financial pressures and sector-wide challenges. However, the resilience and adaptability demonstrated throughout 2024–25 position ISSofBC to respond with stability, purpose, and an unwavering commitment to the communities we serve.