Canadian economists back increased immigration
Several economists in Canada are saying that the country should increase its focus on immigration as a key means of maintaining growth and that Canada should work towards attracting an additonal 100,000 skilled migrants per year to this end.
York University’s Tony Fang and the University of Toronto’s Peter Dungan and Morley Gunderson say that raising immigration numbers in Canada will increase gross domestic product, lead to increased investment in the Canadian property market, and lead to increased spending which will boost government tax revenues.
Canada already welcomes 250,000 immigrants a year, more immigrants per capita than any other country in the world.
Canada’s political climate is already largely pro-immigration. In contrast to European countries, Canada’s major political parties support more immigration and see skilled migration as a key motor of continued ecomomic growth.