Canada cutting back on immigration

Canada has been accepting permanent immigration at an effective rate of 1% of total population per year, and increased temporary foreign workers at an accelerated level. Here is a summary of a Canadian Broadcasting Corporation report:

Prime Minister Justin Trudeau announced a significant reduction in temporary foreign workers (TFWs) to address rising unemployment among immigrants and youth, spurred by a surge in low-wage TFWs post-pandemic. New restrictions will prevent employers in high-unemployment regions from hiring low-wage TFWs, except in critical sectors like agriculture, construction, and healthcare. The government will limit low-wage TFWs to one-year contracts and cap their proportion in any company to 10% of the workforce.

This  would reduce TFW numbers by about 65,000, returning to pre-pandemic levels. The move aims to alleviate pressures on the job and housing markets, with youth and newcomer unemployment rates hitting 13.5% and 11.6%, respectively.

The government is also considering broader immigration adjustments, with a review of permanent resident levels planned for the fall. This reflects growing concerns about the rapid pace of population growth, housing shortages, and economic challenges. The government maintains that any changes will be guided by economic and social needs to ensure Canada’s long-term success.

Leave a Reply

Your email address will not be published. Required fields are marked *