How has soaring immigration impacted economic growth in Canada? - a podcast by RBC Thought Leadership

from 2023-11-09T11:00:26

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This past decade, Canada's population growth outpaced India, China, and South and Central America, surpassing the global average. In recent years, Canada's soaring population growth has been entirely fueled by immigration. Canada relies heavily on newcomers to fill jobs left vacant by retiring Baby Boomers. But rising need for housing is adding to pre-existing housing affordability concerns. In this week's episode of the 10-Minute Take, economists Carrie Freestone and Claire Fan will unpack the latest federal immigration targets, and discuss how rising immigration has impacted the Canadian economy.

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