Economy 53,112 Posted November 1, 2023 Share Posted November 1, 2023 https://www.bnnbloomberg.ca/housing-concerns-prompt-halt-in-canada-immigration-target-boost-1.1992712 Amid criticism that very high immigration rates (adding 1.2% to population annually thru immigration alone) is making the severe housing shortage, Trudeau and the Liberals announced that 2024 & 2025 will be the last years immigration targets will be raised. Current targets of 450,000 a year is due to rise to 485,000 in 2024 and then 500,000 in 2025 but after that the Government plans to freeze it at 500k for a number of years to give housing a chance to catch up If 2025 targets hit a ceiling as planned, it will be the first time in decades the annual target isnt raised along with population growth Link to post Share on other sites More sharing options...
Delulu Rogers 7,678 Posted November 1, 2023 Share Posted November 1, 2023 500k is still too high Link to post Share on other sites More sharing options...
Robo Ga 15,633 Posted November 1, 2023 Share Posted November 1, 2023 I'm generally pro-immigration but this makes sense because the cost of housing is beyond... I had to move back in with 3 other people this year, after living solo for the past few years, because I couldn't afford my rent anymore ... 🤖⚡️ Link to post Share on other sites More sharing options...
FFXIV WhiteMage 6,353 Posted November 1, 2023 Share Posted November 1, 2023 47 minutes ago, Delulu Rogers said: 500k is still too high Hmm not so much considering factors like low birth rate, mortality rate, and emigration. Link to post Share on other sites More sharing options...
Tyler1992 2,354 Posted November 1, 2023 Share Posted November 1, 2023 I’m pro immigration, but the current number is very unsustainable. When immigrants are welcomed to Canada they need to be able to have roof over their head. Link to post Share on other sites More sharing options...
StarstruckIllusion 53,681 Posted November 2, 2023 Share Posted November 2, 2023 1 hour ago, FFXIV WhiteMage said: Hmm not so much considering factors like low birth rate, mortality rate, and emigration. and where are those 500k going to live?? Link to post Share on other sites More sharing options...
Tyler1992 2,354 Posted November 2, 2023 Share Posted November 2, 2023 1 hour ago, FFXIV WhiteMage said: Hmm not so much considering factors like low birth rate, mortality rate, and emigration. Birth rates are declining because Canadians cannot afford children, and are emigrating because of high cost of living. Supplementing Canadian citizens with immigration won’t solve anything long term. Immigration has always been apart of Canadas strategy, helping raise the standard of living for people already here is more important than population growth. Link to post Share on other sites More sharing options...
Economy 53,112 Posted November 2, 2023 Author Share Posted November 2, 2023 3 hours ago, FFXIV WhiteMage said: Hmm not so much considering factors like low birth rate, mortality rate, and emigration. It is high i agree @StarstruckIllusion. Canadas population last year grew 2.9%. Thats almost unheard of in a developed Nation and its also a strain when the Country has failed to boost enough housing supply If it was the US... 500K is not that huge... but for a more mid-tier sized Country like Canada with 40M people, 500k is a lot 500k would be more duable if we had been more organized on how to grow with a better plan. But we failed to do that and are only getting serious about housing now that its gotten totally out of hand PS: its also worth noting that 500k is just standard target immigration for permanent residences. Last year Canads grew 1.1M because theres also temporary workers on visa, international students etc that can swing numbers. There was also a tiny amount of natural growth also Link to post Share on other sites More sharing options...
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