How Immigration Has Helped With Canada’s Aging Population

How Immigration Has Helped With Canada’s Aging Population

🤔 What Happened
Canada’s Minister of Immigration, Marc Miller, announced plans to limit the number of non-permanent residents to slow down high population growth. This decision is aimed at easing pressure on housing, health and other services. 

❓Why it’s Happening 
High population growth, largely driven by immigration, helps manage the costs of an ageing population but also creates other challenges. Economist Carrie Freestone notes that limiting immigration will make population growth 2.5% smaller by 2027. Canada’s ageing population needs economic, social, and healthcare support, and immigration has been an important strategy to help manage these demands.

🚀 Why it Matters
Reducing immigration can lead to labour shortages and other economic challenges, as the ageing population continues to grow. More seniors mean higher healthcare costs and strain on the pension system. With federal health funding not factoring the costs of ageing, urgent policy changes are needed to support the growing number of older Canadians.

TRENDING NEWS

• Minister Marc Miller introduced Bill C-71 to extend citizenship by descent beyond the first generation, also restoring rights to "Lost Canadians." This change, prompted by a court ruling, will allow a Canadian parent born abroad, with substantial connection to Canada, to pass on citizenship to their child born abroad. Once the bill passes through the legislative process, the minister confirms his department will work quickly to enable eligible individuals to apply. Read more

• Start-Up Visa (SUV) immigration to Canada increased by 17.4% in March, with 505 new permanent residents, despite a general slowdown in immigration. This rise highlights the SUV program's growing popularity, with Ontario and British Columbia remaining top destinations. The SUV program targets immigrant entrepreneurs who start businesses in Canada, supporting economic growth. Read more

• By 2033, British Columbia will create nearly one million job openings due to retiring Baby Boomers and economic growth, according to a labour market study. The British Columbia Labour Market Outlook projects 998,000 new jobs, with 653,000 from retirements and 345,000 from economic growth. Immigration is crucial for filling these roles, bringing innovation and helping the economy thrive. The report highlights the importance of newcomers in making communities vibrant and successful. Read more

• March saw an increase in families reuniting through Canada's Parents and Grandparents Program (PGP). Despite overall immigration dipping, PGP welcomed 2,005 new permanent residents, up by five percent from February. While this year's PGP intake dipped slightly compared to last year, provinces like Ontario opened their arms to 2,855 loved ones. Nova Scotia marked a remarkable 50% surge in PGP immigration. Read more

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