Something I can see happening is the program filling within days, and then an announcement saying the program was "a great success". No, if the program fills within days it's not gonna be a success, it's going to suck for thousands of perfectly valid candidates that couldn't get their documents on time just because IRCC was very vague announcing this. I think they should either have announced it earlier or pushed the date back while releasing info about the program in the meantime.
I'm also concerned about the future changes in Canadian Immigration, EE might change soon and if my theory is correct, people with certain occupations will get more points (PNP aside). Today OINP announced a new EOI system that ranks candidates by occupation. If two candidates have the same professional profile but one's an engineer and the other is a translator, the engineer will get twice as many points despite the fact both have perfectly valid job offers. I could see that easily applied to EE.
That aside, now we're in the middle of a pandemic and economically, some countries have been hit harder than others and will take years if not decades for them to recover. Even if Canada plans to welcome more immigrants in the future, I think that as soon as travel restrictions are over and countries start opening up and realizing how hard it's going to be to achieve some sort of economic recovery, more people are going to look to immigrate to other countries and right now, Canada seems like a very attractive option so even if immigration gets more competitive that won't be an issue for Canada because they'll have plenty of candidates to choose from.
So...Let's try to make our applications as perfect as possible so we don't have to worry about EE and cutoff scores ever again