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Canada s Record Population Growth In 2023 Driven By Immigration Sparks Economic Concerns

(CTN News) - Statistics Canada reported on Wednesday that Canada's population will reach a record high of 40.77 million in 2023, owing primarily to temporary

CIBC says Canada is STILL majorly underestimating its housing demand

CIBC says Canada is STILL majorly underestimating its housing demand
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Flow of temporary residents key to Canada s economic fate: Desjardins - National

Canada's economy has benefitted from non-permanent residents in recent years, Desjardins says, but efforts to stem the flow of temporary workers could deepen a forecasted downturn.

Canada Can t Afford to Block Temporary Residents, Desjardins Says

(Bloomberg) Curbing the number of temporary workers and international students allowed into Canada would deepen an expected recession and blunt the country’s subsequent recovery, according to Desjardins Securities Inc.Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC’s X Account Hacked to Falsely Say Bitcoin ETF ApprovedBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressBottled Water Contains More Plastic Particles Than Previously ThoughtReco

Canada sees unprecedented surge in non-permanent residents in 2023

The report also highlights a methodological update by StatCan in estimating NPR population data. The agency clarified that this adjustment, implemented in 2021/22, had a minor impact of around five percent on the estimated growth in NPR totals. The agency underscored that such methodological updates are routine, aimed at maintaining relevance, and have minimal effects on the overall Canadian population estimate.

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