The decline in immigration is a blow to the Canadian economy

The decline in immigration is a blow to the Canadian economy

The decline in immigration is a blow to the Canadian economy, which relies heavily on foreigners to fuel growth and labour demand, especially in large cities. Canada welcomed only 128,430 immigrants in the eight months of 2020, about half the number in the same period in 2019. As things stand, Canada will have around 150,000 permanent residents this year, which is below its target of 341,000. New immigrants could not come, which had a direct impact on the entire population of Canada. Canada’s total population grew only 0.1% in the three months through June, the second-lowest record of quarterly increase since 1946.

#immigration_levels, #newcomers, #PR