Published 1 month ago

Why Canada's record population growth is helping – and hurting – the economy

Summary by Ground News

Canada has recorded the fastest population growth in 66 years, increasing by 1.3 million people, or 3.2 per cent, in 2023, according to a new report from Statistics Canada. The country has not seen such growth since 1957, when the spike was attributed to the baby boom and an influx of immigrants fleeing Hungary. The vast majority of Canada's growth last year was due to immigration, with temporary residents and international students making up the largest proportion of newcomers.

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Why Canada's record population growth is helping – and hurting – the economy

Canada has recorded the fastest population growth in 66 years, increasing by 1.3 million people, or 3.2 per cent, in 2023, according to a new report from Statistics Canada.

1 month ago·Canada

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