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Federal Immigration Minister Marc Miller has responded to repeated economic warnings the Trudeau government’s high-intake immigration policies are contributing to Canada’s housing shortage with a turn of phrase that doesn’t address the problem.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.
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Canadian Minister Rejects Slashing Immigration Targets Amid Housing Demand ConcernsCanadian Minister Marc Miller has dismissed the idea of reducing immigration targets in response to concerns that new immigrants are contributing to the housing demand. Miller emphasized the importance of skilled workers from outside Canada in meeting the current housing demand and stated that slashing immigration targets could have negative consequences for the country's economy and the well-being of families. He also highlighted that a significant portion of new immigrants are economic migrants who possess the skills required for housing construction.
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Surging home prices driving exodus from Canada’s ‘priciest provinces’The job vacancy rate in construction is at a record high with around 80,000 vacancies in the industry, said CIBC deputy chief economist Benjamin Tal in a recent note. Immigration Minister Marc Miller aims to fulfill Canada's labor shortages through strategies like Express Entry and the historic Immigration Levels Plan. Provinces like Ontario need 100,000 workers to meet their housing demands, highlighting the role of immigration in creating more homes for Canadians.
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