CANADA
A Welcome Mat
The Canadian government is planning to persuade foreigners in the country to stay to mitigate the economic damage caused by a major drop in immigration, Bloomberg reported.
Prime Minister Justin Trudeau announced this month he will facilitate the path of permanent residency – and subsequently citizenship – for more than one million temporary students, workers and asylum seekers currently living in Canada.
There has been a major decline this year in both temporary and permanent residents, government data showed.
Immigration Minister Marco Mendicino said the plan was a key step in halting the decline of foreigners moving to Canada during the pandemic.
The Canadian economy has heavily relied on immigrants to drive labor force growth and demand, particularly in major cities. Immigrants make up a large part of the workforce in the so-called essential services such as in the health care sector, where labor is becoming increasingly scarce due to the pandemic.
Declining immigration has been a big blow to the economy. The decline also impacts the country’s total population, which only grew 0.1 percent from April to June, the second-lowest quarterly gain since 1946.
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