Majority of Canadians Believe Increased Immigration Targets Will Negatively Impact Housing Costs

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More than two thirds of Canadians believe that the federal government’s elevated immigration targets will have a negative impact on the cost of housing. realestate realestatenews housing Canada immigration

, more than two thirds of Canadians believe that the federal government’s elevated immigration targets will have a negative impact on the cost of housing.

Residents of the Prairies were most likely to take a negative stance , while those in Atlantic Canada were most likely to see the situation in a positive light . Men were more likely than women to believe the increased immigration targets will have a negative impact on the cost of housing.similar survey from March 2023

Forty-six percent of those surveyed in March agreed with Canada’s immigration target for the year, an increase of 10% from a November 2020 survey. Fifteen percent of respondents in March believed Canada should increase the number of immigrants it plans to accept in 2023.465,000 new permanent residents in 2023, 485,000 in 2024, and 500,000 in 2025. The elevated targets are part of a plan to fill gaps in the workforce and attract skills in key sectors, such as healthcare and manufacturing.

 

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