Immigration Fueling Canada's Economic Advancement

Immigration acts as a catalyst for Canada's economic advancement, albeit with ongoing debates about its sustainability. Northern Trust reports a significant increase in newcomers in 2022, which has fueled Canada's remarkable population growth. This influx, consisting of 437,180 immigrants and 607,782 non-permanent residents, has injected vitality into sectors like healthcare, IT, and construction. However, Ottawa's policy decisions have stirred controversy, exemplified by the Trudeau administration's imposition of limits on study permits and a noticeable shift in public perception driven by concerns over pressure on public services and housing. In response to Canada's aging population, some advocate for a more robust immigration strategy.

For a detailed analysis of immigration trends, refer to our previous article, "Canada Achieves Record Immigration Levels in 2023."