Actually the speaker said that when they subtract the investor applicants... AND the job offer applicants... AND the family connection applicants, the program is really only looking for 420 Express Entry applicants.
The Cairo sessions were attended by over 300 people, PLUS there will be over 300 people in Alexandria, PLUS all the other countries they have toured this year.
So what we end up with is a pool of eligible applicants in excess of 3000 for 420 available spaces.
One attendee asked "how do you chose between qualified applicants, since there will be more applicants than spaces available" and the speaker just said "everyone gets a fair chance, and its based on job market need". Naturally this is not a real answer, it does not reflect a policy of picking applicants based on objective transparent criteria.
The entire "world tour" model, where in this case, one individual was running the session in his country of origin, and able to make a decision of who gets the ITA with no written records that can later be audited, it flies in the face of everything Canadian immigration programs are supposed to be in modern times.
3000 applicants for 420 spaces. No explanation for who makes the cut. Also, many of the jobs on their 'in demand' list, if we search them on JobBank, we find there are only 1-2 jobs available in the province in those careers. Look at the Bookkeeper results: there are only two jobs.
The session contained no information on how to complete the EE profile, no explanation on how the NB EE system works to pick successful applicants, emphatic commentary about how it is NOT first come first served... I think we need to be honest and realistic, and accept the fact that this is a glorified lottery system. I would be very interested to know how many ITAs they issued in the past year, at $250 a pop for submitted applications.