You ended up missing what really happened though. They increased CEC points. Which in way sort of messed everything. Now, the shady employers can pay someone next to nothing in exchange of Canadian work exp. The scam continues. More students will come, more will work for shady employers below Canadian minimum wage (hurting the economy) and the shady employers will still make bank.
LMIA went away, but the other changed armed the shady employers even more. Not sure, if there's much to be happy about.