Quote:
Originally Posted by Harry Lime
500-600K sounds about right, but it doesn't take into consideration the other paths to Canada yearly, such as permanent residency and refugees, which put the total up to over one million last year.
|
But last year was a bit of an aberration due to COVID backlogs and almost 200K Ukrainians fleeing the war and coming to Canada. That's not going to continue every year.
And as much as people talk about the costs of higher immigration, we also need to be cognizant of the costs of restricting labour force growth. Much of our system (i.e. healthcare, taxes, CPP, etc.) relies on the labour force increasing over time to pay for the growing non-working population (both due to demographics and longer life expectancy). If we are going to restrict immigration, create a stagnant labour force, and reduce the population employment rate, then that means we will all need to be willing to pay more money in taxes, CPP premiums, etc. to pay for an aging population.