Canada Immigration Targets Reduced Amid Housing Affordability Concerns
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
The population reached an estimated 41,798,407 on July 1, 2026, representing the lowest annual growth since 1944/1945. StatCan states that changes in population growth since 2020 are almost entirely attributable to international migration. Public concern regarding housing affordability led to substantial reductions in immigration targets, despite previous increases by the Trudeau government. The Carney government subsequently introduced a moderate plan for 2026-28, while new immigrants fell to 368,224 in 2025/2026.
From nationalpost.com
Why it matters
The rapid growth in temporary residents, which reached 7.5 per cent of the population by 2024, previously put pressure on housing supply. The shift toward a more moderate immigration approach may affect labor supply and population growth across the country.
From nationalpost.com
Who's involved
- Immigration, Refugees and Citizenship CanadaManages immigration targets and provides reports on housing affordability issues
- Fraser InstitutePublic policy think tank that reported on the impact of immigration on housing affordability
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AlbertaSpeculative
Alberta might experience slower provincial economic activity due to reduced labor supply and population growth.
- SaskatchewanSpeculative
Saskatchewan could see slower provincial economic activity due to reduced labor supply and population growth.
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The entities involved
-
Immigration, Refugees and Citizenship Canada
immigration department of the Government of Canada
-
Fraser Institute
Public policy think tank