Canada's Bold Immigration Pledge: 500,000 New Residents Annually! Is This the Answer to Their Housing Crisis?

In a strategic move to address labor supply requirements while alleviating pressures on housing and healthcare, the Canadian government has announced its commitment to maintain the target of welcoming 500,000 new permanent residents in 2026, as reported by CBC News.

Canadian Immigration Minister Marc Miller outlined the rationale behind this decision, emphasizing the importance of assessing the micro-economic impacts of immigration. He stated, "What Canadians are telling us, what economists are telling us, is that we have to dive into the micro-economic impacts of immigration....