An influx of immigrants is stagnating wage growth in surging Canadian recovery

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With fewer labour shortages acting as leverage, workers are scoring tiny wage increases that leave them poorer after inflation is factored in

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In the five years through 2020, about 1.9 million newcomers came to the country, up from 1.2 million the previous five years. The U.S., nine times the size of Canada, saw its net flow of immigration drop to about 3.8 million over that time, from 4.5 million.

The differences in immigration policy between the two countries today are so stark that it’s almost as if they were running some sort of economic experiment. The weaker trajectory in the U.S. reflects more restrictive policies that began under Donald Trump’s administration.

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Here I thought it was cheap corporations.

A totally not racist argument against immigration. Finally. Ha ha

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