As per the new policy, they are giving V1. So you get it for 10 years or till your passport validity date. But IRCC being IRCC they are still giving W1 to many. Me & my dependent got V1. I am still waiting for my Spouse's passport.
They got mine and my dependent passport on 18th Jan but the counterfoil was generated on 1st Feb. so it’s actually around 2 weeks and then 1 more week before they dispatch and you receive your passport.
They are processing very slowly. I submitted the application on Dec 5th & eligibility review started on 13th Dec. Nothing after that. Better to keep some buffer. You never know when they stop processing for days.
Technically you can but it’s better you go first and get it then others can apply online. SOWP I heard are getting processed very fast these days. Few people are getting it within 2-3 weeks