Do we have any details on processing times? I think many future CEC people would rather wait to be eligible for EE instead of "risking" their futures with uncertain processing times.
No idea. All I can guess is these applications will be prioritised over outland applications already in the pipeline. That much is clear. If you are close to satisfying CEC requirements, it's definitely a safer bet to apply through CEC than a newly introduced temporary stream which has a end date/cap.