Canada's Approach to Temporary Immigration is Undergoing Significant Adjustments
Immigration Minister Marc Miller has unveiled plans to gradually reduce the influx of temporary immigrants, starting in September and spanning over a three-year period. Miller aims to collaborate with provincial and territorial immigration counterparts in May to fine-tune the specifics of these revisions. This strategic move comes on the heels of an earlier directive from Immigration, Refugees and Citizenship Canada (IRCC) in January, placing a cap of 606,250 on new study permit applications from international students for the year. The surge in temporary residents has exacerbated concerns surrounding Canada's housing crisis, marked by skyrocketing rents and property prices, exacerbating the challenge of finding affordable accommodation. Despite this, there are reservations that curtailing temporary immigration may trigger an economic downturn. Given the significant role temporary residents play in bolstering Canada's population growth, a substantial decrease in their numbers could potentially hinder the country's economic prospects.