On CRS, Canadian work experience counts for at most 70-80 points. Is spouse also working in Canada then add 10 points. Perhaps some points addition in skill transferability as well. Its a 100 odd point difference, at most.
Foreign skilled people, if they can get job offer or PNP or LMIA, they'll be mostly the same as those who have Canada work experience. Both have a fair chance to compete.
Most foreign skilled people have scores in 300-400 range. Most people with Canada work experience are in the 400-500 range because of the difference of the above mentioned 100 or so points. That's not much.
The million dollar question mark is LMIA. It will get answered with time. Engaging in "idle speculation" has not helped us. Either Canada fills in jobs with Canadians, or they HAVE to issue LMIAs, in order for their businesses to keep operating. If they remain in between, Canadian businesses will suffer. Perhaps suffer a lot. The game is on. Let's wait and see how it plays out.
One last thing, the FSW program under EE is "still" "employer driven". Meaning if Canadian businesses "have" requirement, Canadian Govt WILL issue LMIAs. Official statistics of past year or more prove this point. We need to focus on job market in Canada, to note (see) where they have requirement.