Canada continues to face a housing crisis, and a recent debate has pointed fingers at immigration rates as a contributory factor. However, immigration alone doesn’t account for the housing shortage. While it's true that in recent years Canada has seen a substantial influx of immigrants, international students, and migrant workers, it’s also worth noting that the country’s low birth rates mean immigration is essential for population growth. Marwan Ismail.
When re-evaluating immigration policies, it is important to strike a balance among factors such as the aging population, labour shortages, and economic development including housing and inflation. Linking immigration more closely to job vacancies and engaging the private sector would be advantageous.
Source: Real Estate Daily Report (realestatedailyreport.net)
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