Are you concerned about the impact of Canada’s immigration policies on its economy and society? Well, you’re not alone. The latest statistics from Statistics Canada have revealed some startling information about the effects of Prime Minister Justin Trudeau’s immigration goals.
According to the report, Canada added over 1.27 million new residents between January 1, 2023, and January 1, 2024, resulting in a 3.2% increase in the population. This is the highest rate of population growth recorded since 1957, largely driven by immigration.
While the Trudeau Administration argues that importing immigrants is necessary to fill labor shortages and bring highly skilled workers into the country, the reality seems quite different. A recent study found that one in five Canadians in Ontario (2.2 million people) do not have regular access to a primary care physician, highlighting a severe shortage of healthcare providers in the country.
Moreover, Canada is facing a housing crisis, with an estimated 35,000 homeless individuals living on the streets on any given night. The shortage of housing is so severe that experts believe an additional 4 million new housing units will be needed by 2030, just to accommodate the current population.
The implications of Canada’s rapid population growth on its economy, infrastructure, and society are alarming. It raises questions about the sustainability of current immigration policies and their long-term impact on the country.
If you want to stay informed about the latest developments in Canada’s economy and immigration policies, be sure to follow Extreme Investor Network for expert analysis and unique insights that you won’t find anywhere else. Join us in exploring the complex interplay between immigration, economy, and society in Canada and beyond.
