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Federal budget’s refreshed immigration targets will weigh on growth: economist

An economist argues that the federal Liberals' renewed pledge to reduce immigration levels will negatively impact economic growth, according to Stephen Brown of Capital Economics.
The federal budget aims to lower the share of temporary residents to five percent by 2027, affecting population growth in Canada.
The reduction in international study permits may discourage developers from building new rental apartments, impacting housing for students and workers.
Brown notes that Ottawa's support for rental construction could alleviate some negative effects on residential investment due to slower population growth.

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CP24

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Center

Federal budget’s refreshed immigration targets will weigh on growth: economist

One economist argues the federal Liberals’ renewed pledge to throttle immigration levels over the next few years will weigh on Canada’s economic growth.

2 hours ago·Toronto, Canada

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La Presse

Lean Left

Federal Budget: New Immigration Targets Will Weigh on Growth, According to an Economist

An economist argues that the renewed commitment of the federal Liberals to reduce immigration over the next few years will affect Canada's economic growth.

5 hours ago·Montreal, Canada

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