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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 ...
The Trudeau government announced substantial reductions to immigration targets in 2024, including a nearly 20% decrease in permanent residency grants and significant restrictions on visa workers and international students. These changes represented a marked shift from the previous "study, work and stay" approach that had characterized Canadian ...
Canada is set to bring in 395,000 new permanent residents in 2025, 380,000 in 2026 and 365,000 in 2027, down from 485,000 in 2024, in the first multi-year reduction since Ottawa started laying out ...
The number of temporary residents, meanwhile, will decrease by about 30,000 to around 300,000 in 2025, the source said. Canada to cut immigration numbers, government source says Skip to main content
Investment policy in many nations is tied to immigration policy, either due to a desire to prevent human capital flight by forcing investors to keep local assets in local investments, or by a desire to attract immigrants by offering passports in a safe haven nation, e.g. Canada, in exchange for a substantial investment in a business that will create jobs there.
Canada's immigration policy is often offered up as a model for other countries, with foreign-born people making up nearly a quarter of its population, according to data from the Council on Foreign ...
Economic impact of Immigration on Canada is a divisive topic. [citation needed] Two main narratives exist on this matter, [citation needed] one is based on an educated prediction that higher immigration rates increases the size of the economy (GDP) for government spending, [18] and the other is based on studies that it decreases living standards (GDP per capita) for the resident population.
The federal government plans to decrease the number of temporary residents from the current 6.2% of the population to 5% over the next three years. Canada's immigration minister said Thursday the ...