I am sure most of you would be happy to hear this
Reduction of Right of Permanent Residence Fee
The 2006 Federal Budget includes a 50 percent reduction in the $975
Right of Permanent Residence Fee. The new Right of Permanent Residence
Fee is $490 for immigrants who become permanent residents under all
social, humanitarian and economic classes. The change is effective as of
12:00 a.m. EDT on May 3, 2006.
http://www.cic.gc.ca/english/resid-fee/index.html