Exploring the economic advantages of skilled migration for countries with low birth rates and aging populations, including workforce replenishment, economic stimulation, and increased consumer spending. The chapter delves into various migration channels like golden visas, student visas, and skilled worker programs, emphasizing Canada's recent surge in migration and its potential impacts on housing demand.
Canada has gone through a lot in the last 10 years, and one of the biggest problems is the price of housing. Canadian cities are in such a small area of the country's landmass and housing construction has not kept up with the population, so housing prices have skyrocketed. Canada now finds itself in a bit of a population trap, where they can't afford to keep bringing in more people and put even more strain on housing, but they also can't afford not to.
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