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Published 1 month ago

Statistics Canada says population growth rate in 2023 was highest since 1957

  • Canada's population reached a record high of 40.77 million in 2023 driven by temporary immigration, leading to a housing shortage and decreased affordability.
  • The majority of Canada's population growth in 2023 came from international migration, with temporary immigration being the main driver for the second consecutive year.
  • The population growth due to temporary immigration has negatively impacted the country's GDP per capita and productivity levels, leading to measures to limit the influx of international students and non-permanent residents.
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