Canada's Ambitious Immigration Experiment, Explained
Big Take
00:00
The Importance of Immigration in Canada's Economic Growth
At current pace of growth, Canada would double its residence in about 26 years and surpass countries like Italy, France, the UK and Germany by 2050. By adding young workforce to the country, it would help offset some of the economic drag of that Asian workforce. The most obvious strain that we see from high levels of immigration is in the housing market. And this, I think, hurts immigrants themselves as well as younger generations who are renting or looking to buy a house.
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