Absolutely. The speculation here is just that, but the real numbers have been posted by CIC themselves and you can see for yourself on their website:
Report on Plans and Priorities 2015–2016 - Program 2.1: Family and Discretionary Immigration
They say here their target is around 70,000 this year, and they are dedicating 350 human resources to the task. That's 16 applications per month per employee. But as I pointed out at the beginning of the thread, the resources could easily be doubled by
actually investing the fees we pay them into what we're paying for. Based on their total spending of $37.5 million to meet this target, they have an average cost of $535 per application. With 70,000 applicants paying a minimum of $1040 in fees, they have the potential to drop average processing times to half.
Attainable, yes, but obviously, they don't
really want to do it.