Canada sets immigration quotas

SGGP November 3, 2023 09:28

Canada is targeting 465,000 new residents in 2023, 485,000 in 2024, then 500,000 in 2025 and the same number in 2026, Reuters reported.

Canada's Immigration Minister Marc Miller said these immigration levels will match Canada's economic and population growth, while minimizing the impact on critical systems like infrastructure and housing.

According to a recent report by the Royal Bank of Canada, Canada’s annual immigration of 1.3% of the population is not enough to stabilize the age structure of the population, which requires about 2.1% immigration. Canada’s population increases largely through immigration, and population growth has helped drive economic growth in recent years. Some economists have blamed immigration for worsening the country’s housing shortage, even though many industries are facing labor shortages.

Source: https://www.sggp.org.vn/canada-ra-chi-tieu-ve-so-luong-nguoi-nhap-cu-post712561.html