Freakonomics Radio

582. Why Is Everyone Moving to Canada?

Mar 28, 2024

Experts like Zeke Hernandez and William Kerr discuss Canada's successful immigration system luring skilled workers from the US. They compare Canada's points-based program to the US H1B visa challenges. The podcast explores family separation issues, country branding, and the allure of the American dream. It also sheds light on immigration policies, demographic challenges, and the benefits of Canada's strategic immigration program.

49:47

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Quick takeaways

Canada's immigration program focuses on attracting skilled workers through employment-based migration and a points-based selection system, targeting crucial talent for the country's future.

Immigration is portrayed as a significant driver of economic growth, with immigrants playing a vital role in fueling the prosperity of the US economy and society, reflecting the enduring American dream.

Canada is positioned as a welcoming and inclusive society with a focus on social services such as universal healthcare and affordable education, promoting cultural diversity and multilingualism as integral parts of the Canadian dream.

Deep dives

Vanguard's Focus on Active Bond Funds

Vanguard emphasizes the journey in fixed income amidst economic uncertainties, highlighting their active bond funds supported by expert teams utilizing higher yields for smart risk-taking. The combination of expert teams and low fees allows for strategic portfolio management to capitalize on profitable opportunities.

Immigration Politics: Canada vs. US

01:17

Challenges and Concerns of Immigration in Canada

02:33

Explore the World of Fashion and Immigration

01:32

Capital One Sponsorship and Immigration's Economic Impact

01:13

Intro

2min

Immigration Dynamics: Canada vs. U.S.

14min

Canada's Rising Appeal for Skilled Workers

6min

Canada's Immigration Dynamics

13min

Defining the Canadian Dream: A Contrast with America

5min

Navigating Immigration Challenges

15min

Personal Journeys and Nostalgic Treats

2min

As the U.S. tries to fix its messy immigration system, our neighbor to the north is scooping up more talented newcomers every year. Are the Canadians stealing America’s bacon? (Part three of a three-part series.)

SOURCES:
- Zeke Hernandez, professor at the Wharton School at the University of Pennsylvania.
- William Kerr, professor of business administration at Harvard Business School.
- David Leonhardt, senior writer at the New York Times.
- Sindhu Mahadevan, creator of This Immigrant Life newsletter.
- Marc Miller, Member of Parliament and Minister of Immigration, Refugees, and Citizenship of Canada.
- Mike Savage, Mayor of Halifax, Nova Scotia.