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Managing Immigration Effects on Housing and Economy
Canada's significant influx of migrants, due to its dense population centers, has led to a surge in housing demand, making housing unaffordable in major cities. The sudden increase in population highlights the challenge of supply not meeting demand promptly. While immigration can boost an economy's output by increasing the workforce, inadequately managed immigration can strain resources, potentially hindering per capita economic growth. Canada faces the risk of stagnation or regression in per capita output compared to its more productive neighbor, the USA.