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Immigration remains vital for Canada’s economic growth despite public concerns

Recent data from Immigration, Refugees and Citizenship Canada (IRCC) reveals that immigrants continue to drive Canada’s economic prosperity, contributing to 75% of the country’s population growth. Despite shifting public sentiments and government plans to reduce permanent resident numbers from 500,000 in 2023 to 380,000 by 2026, immigration remains crucial for addressing critical labour shortages. With an aging workforce and projections showing that five million Canadians will retire by 2035, leading to a concerning 2:1 worker-to-retiree ratio, the nation’s economic stability heavily depends on maintaining a steady influx of skilled immigrants.

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