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The cuts to immigration targets have been criticised by advocacy groups like the Migrant Rights Network, who wrote in an open letter to Trudeau and Miller that migrants are being unfairly blamed ...
- Nadine Yousif
Oct 25, 2024 · The federal government on Thursday announced reduced immigration targets for the next three years, which some experts say will have an impact on housing affordability as early as next year. Canada ...
Oct 24, 2024 · Miller said the high levels had put strain on Canada’s housing market and argued that reducing immigration would cut the number of required new housing units by 670,000 over three years.
- Christopher Nardi
Nov 4, 2024 · Newcomers to Canada typically spend their first five to 10 years as renters as they get established. We think a growing number of recent immigrants will be ready to step on the housing ladder in the next few years. The drastic immigration cuts announced on Oct. 24 are more likely to directly impact homebuyer demand further down the road.
Oct 3, 2024 · As the housing affordability crisis continues to impact Canadians across the country, a majority of immigrants feels they are being unfairly blamed, as they themselves see the dream of home ownership slip further out of reach. A poll commissioned exclusively for OMNI by Leger found that nearly seven in 10 new Canadians think politicians are ...
Nov 11, 2024 · Hogue explains that reducing the influx of non-permanent residents will slow household formation—a key driver of housing demand. His forecast suggests nearly 400,000 fewer households—a 46 per cent drop—will be formed over the next three years compared to previous projections. “Canada will now get a golden opportunity to reduce the ...
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Is immigration causing Canada's housing crisis?
Oct 24, 2024 · “Immigration is essential for Canada’s future, but it must be controlled and it must be sustainable.” Trudeau, who is facing calls from within his own party not to seek a fourth term , has endured mounting criticism over his immigration policies and the negative impact that population growth has had on housing affordability.