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TORONTO (Reuters) -Canada's immigration cuts, meant to ease strained housing and social services, could hurt the country's labor pool, some industry groups said on Thursday. While Canada has long ...
Canada to cut immigration numbers, government source says. Anna Mehler Paperny. October 23, 2024 at 6:07 PM. ... The issue has become one of the most contentious in Canadian politics, with a ...
The immigration cuts come as Trudeau faces challenges to his leadership. An Ipsos poll conducted between September 5 and 9 put his approval rating at 33%. Two-thirds of Canadians disapproved of ...
In June 2024, the Bank of Canada initiated monetary easing with a 25 basis point rate cut, with projections indicating further cuts would reduce the overnight rate to 4% by year-end. This policy shift aimed to alleviate household financial pressures, particularly for those with adjustable-rate mortgages or credit market debt .
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.
Since confederation in 1867 through to the contemporary era, decadal and demi-decadal census reports in Canada have compiled detailed immigration statistics. During this period, the highest annual immigration rate in Canada occurred in 1913, when 400,900 new immigrants accounted for 5.3 percent of the total population, [1] [2] while the greatest number of immigrants admitted to Canada in ...
The Canadian government should have acted sooner to stem the flow of temporary migration into the country, Immigration Minister Marc Miller told Reuters on Friday. This week Prime Minister Justin ...
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 ...