Behind the Numbers: Unpacking the Economics of Immigration

The Conference Board of Canada, May 12, 2021
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How does immigration affect the economy? We looked at what would happen to Canada’s economy over 20 years under four different immigration scenarios: current levels, lower levels, higher levels, and at a different composition.

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In October 2020, the government announced a new plan to bring more immigrants to Canada over the next three years to offset low immigration levels and to fuel Canada’s post-pandemic economic recovery and long-term economic prosperity. This page explores the effect of four different immigration scenarios on Canada’s GDP, worker-to-retiree ratio, and public revenues.

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