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Interprovincial migration in Canada is the movement by people from one Canadian province or territory to another with the intention of settling, permanently or temporarily, in the new province or territory; it is more-or-less stable over time. [1] In fiscal year 2019–20, 278,316 Canadians migrated province, representing 0.729% of the ...
The economic impact of immigration is an important topic in Canada.Two conflicting narratives exist: 1) higher immigration levels help to increase GDP [1] [2] and 2) higher immigration levels decrease GDP per capita or living standards for the resident population [3] [4] [5] and lead to diseconomies of scale in terms of overcrowding of hospitals, schools and recreational facilities ...
Canada receives its immigrant population from almost 200 countries. Statistics Canada projects that immigrants will represent between 29.1% and 34.0% of Canada's population in 2041, compared with 23.0% in 2021, [1] while the Canadian population with at least one foreign born parent (first and second generation persons) could rise to between 49.8% and 54.3%, up from 44.0% in 2021.
Canada is a nation heavily dependent on the real estate industry which accounted for roughly 14% of its GDP in 2020 [126] and over 20% in 2023. [127] There is a high risk that if investor sentiment changes, buyer demand may drop significantly, triggering a vicious cycle of prices declines that snowball . [ 128 ]
Canada has one of the highest per-capita immigration rates in the world, [13] driven mainly by economic policy and, to a lesser extent, family reunification. [14] [15] In 2021, a total of 405,330 immigrants were admitted to Canada. New immigrants settle mostly in major urban areas such as Toronto, Montreal, and Vancouver. [16]
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The World Migration Report 2022, the eleventh in the series, retains the same structure as its predecessors, and has the aim “to set out in clear and accurate terms the changes occurring in migration and mobility globally.” [4] The first part of the report consists of four chapters, which provide updated migration statistics at the global ...
South Asian Canadians in the Greater Toronto Area form 19% of the region's population, numbering 1.2 million as of 2021. [3] Comprising the largest visible minority group in the region, Toronto is the destination of over half of the immigrants coming from India to Canada, and India is the single largest source of immigrants in the Greater Toronto Area. [4]