Is it possible to lose my permanent status?

Understanding Permanent Resident Status in Canada
Although permanent residents (PRs) have greater protection than temporary residents, their status is not guaranteed for an indefinite period of time.
You can lose your PR status for various reasons, both unfavorable such as not complying with residence obligations or being deemed inadmissible, and more positive reasons like voluntarily giving up the status after becoming a Canadian citizen.
It is important to note that you still have PR status even if your PR card expires, but you will need a valid PR card to return to Canada via plane, train, bus, or boat after traveling abroad.
Scenarios Leading to Loss of PR Status
There are different scenarios that can lead to the loss of your PR status in Canada.
Failure to Meet PR Residency Obligations
To maintain your PR status, you must accumulate at least 730 days of physical presence in Canada within every five-year period. This requirement does not necessitate continuous residence, and some time spent abroad may also count towards it.
If you fail to meet this requirement, you may risk losing your PR status. However, there are permitted reasons that allow you to count time spent outside of Canada towards your residency requirements, such as working full-time abroad for a Canadian entity or traveling with a Canadian citizen or PR who works outside of Canada.
It is essential to keep track of your travels and maintain a travel diary to record your time spent in and outside of Canada for future reference.
Being Deemed Inadmissible for Canada
Permanent residents can still be considered inadmissible to Canada for various reasons, including serious criminality or medical inadmissibility. Being found inadmissible can lead to refusal of entry or removal from the country.
If you are deemed inadmissible, you may explore options for rehabilitation or apply for a Temporary Resident Permit to return to Canada temporarily.
False Representation
Providing false information in your application, submitting altered documents, or lying about your background can lead to serious consequences, including financial penalties, removal from Canada, and a re-entry ban.
Becoming a Canadian Citizen
Once you become a Canadian citizen, your PR status no longer applies as you have transitioned to full citizenship. This transition comes with a range of rights and benefits unique to Canadian citizens.
Canadian citizens enjoy the right to vote, access to various job opportunities, the ability to pass on citizenship to their children, protection against deportation, freedom from residency obligations, and the privilege of holding a Canadian passport for easier travel.
Understanding the implications of PR status in Canada is crucial for maintaining legal residency and potentially transitioning to full citizenship in the future.