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Bank of Canada: Assessing the Effects of Higher Immigration on the Canadian Economy
Posted on Monday, December 25, 2023 08:00 AM
The Bank of Canada report assesses the complex macroeconomic implications of Canada’s recent population increases. We find that newcomers significantly boost the non-inflationary, potential growth of the economy, but existing imbalances in the housing sector may be exacerbated. Greater housing supply is needed to complement the long-term economic benefits of population growth.
Canada has seen a significant increase in immigration flows since 2022. While a well-established literature looks at the...
The Globe and Mail: Ottawa Plans to Create Canadian Citizenship Path for Undocumented Immigrants
Posted on Tuesday, December 19, 2023 08:00 AM
Canada is planning a "broad and comprehensive program" that would allow many undocumented people to apply for permanent residency, the country's Immigration Minister Marc Miller told The Global and Mail.
The announcement complements Canada's ambitious immigration targets, which had already aimed to bring in 500,000 immigrants a year by 2025. The country's population has grown mainly through immigration, and this has helped fuel economic growth in recent years.
Global News: Housing Minister Suggests Immigration ‘Reforms’ Should Be Considered
Posted on Monday, December 18, 2023 08:00 AM
Housing Minister Sean Fraser says potential changes could be made to both the international student visa and temporary foreign workers programs amid record-high immigration and a housing crunch.
His comments come as the government is dusting off a Second World War-era housing plan to ignite the pace of home construction in Canada, and after Immigration Minister Marc Miller last week threatened that he will look at “significantly limiting visas” for international students before next fall if...
Trusted Resources about the Licensure Pathways
Posted on Friday, December 15, 2023 09:58 AM
Internationally Trained Physicians of Ontario (ITPO) continue to advocate for system-level changes of the licensure pathway.
N4 has put together trusted resources about the licensure pathways currently available to Internationally Trained Physicians (ITPS), with an emphasis on the recent implementation of the Practice Ready Assessment Program in Ontario for Family Medicine Physicians, called Practice Ready Ontario (PRO).
Reuters: Canada's surging cost of living fuels reverse immigration
Posted on Thursday, December 14, 2023 09:49 AM
The dream of making it big in Canada is turning into a battle for survival for many immigrants due to the high cost of living and rental shortages, as rising emigration numbers hint at newcomers being forced to turn their back on a country that they chose to make their adopted home.
Prime Minister Justin Trudeau has made immigration his main weapon to blunt Canada's big challenge of an aging and slowing population, and it has also helped fuel economic growth. That drove Canada's population up at...
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