Justin Trudeau More Immigration With Goal Limits But All Quiet

The Canadian government is adamant on its ambitious plan to bring new people into the country, even with its borders essentially closed.

According to two people familiar with the case, Immigration Minister Marco Mendicino is leaning against the government’s withdrawal of immigration targets for the coming years. This includes bringing 351,000 new permanent residents in 2021 – the highest in a century. The government will update its three-year estimates within the next month.

Since coming to power in 2015, Prime Minister Justin Trudeau’s Liberal government has sought to accelerate immigration, a policy that helped drive the fastest pace of population growth in the three decades before Kovid-19. It can be a challenge to stick to that policy.

Less new people

Swelling of permanent residents in Canada has reduced dramatically

Source: Immigration Canada

Current travel restrictions and the closure of borders have affected the flow of people into Canada. A high unemployment rate that persists, and the fact that Trudeau’s minority government must rely on support from opposition political parties to pass legislation, support additional challenges.

In March, Mendicino unveiled a plan Increase in immigration over the next three years – targeting 341,000 permanent residents in 2020, 351,000 in 2021, and 361,000 in 2022.

So far, the 2020 numbers are not even close.

Kovid Dar

Canada, between January and August To accept128,430 Permanent Resident Ted. If the flow returns to 2019 levels, according to Andrew Agopowicz, an economist at the Royal Bank of Canada, the number will rise to 240,000, or about 70% of the target. But it can also be optimistic.

This “may be possible if people are delaying their move to Canada,” Agopovices said by email. “Of course, the increased fear of a Kovid revival may affect these plans.”

A similar trend has also emerged in study permits, as international students have been unable to travel to Canada extensively.

Immigration is declining Effect on significant knock in housing market. For example, the vacancy rate for rental apartments in the Toronto area exceeded 2% for the first time in 10 years, research firm Arboration Inc. According to data from the third quarter, condominium rental inventory doubled over the period and the average monthly rent declined. 9%, the firm reported.

Mendicino’s office has consulted with various professional, labor and settlement organizations to meet the current demand for immigration. The minister is expected to announce new targets by November 1, which is the department’s deadline to present its plans before Parliament.

(Updates with condo vacancy rate details in the second-last paragraph.)


Leave a Reply

Your email address will not be published.