According to Mark Parsons, chief economist at ATB Financial, Alberta's robust economy is drawing people to the province, primarily due to housing affordability.
Compared to Toronto and Vancouver, the province's affordable real estate market has been a major attraction, as emphasized in the "Alberta is Calling" ad campaign.
This campaign urged Canadians unable to afford a home in their current location to consider moving to Alberta. However, this population influx has increased housing prices and rent, reducing Alberta's real estate affordability.
It has also resulted in a family doctor shortage and overcrowded schools. Despite these challenges, ATB Financial forecasts that Alberta's population growth will continue to outpace other parts of Canada.
#Alberta, #housing, #Alberta_is_Calling, #population_growth
April 23, 2024
Quebec's Parti Quebecois (PQ) has expressed concerns over the current levels of temporary immigration, suggesting that it might contribute to the rise in housing costs.
The party believes that the rapid increase of immigrants could make it difficult for residents to afford housing. Although the PQ has not held power or opposition in the last two elections, its popularity is growing.
They have committed to construct 45,000 homes over the next five years if they win in the 2026 elections.
This proposal is a response to what they perceive as the Coalition Avenir Québec (CAQ)'s inadequate approach to the housing crisis.
#Quebec, #Parti_Quebecois, #CAQ, #PQ, #temporary_residents
April 23, 2024
Child immigrants in Canada perform better in the workforce and earn more than both late-life immigrants and average Canadians, according to a Statistics Canada report.
Admitted to Canada as children, they often pursue postsecondary education and report higher median wages by age 30. Nearly two million children migrated to Canada since 1980, representing one in five immigrants.
These children are more likely to attend college or university than non-immigrant children. The younger the immigrant child at admission, the more likely they are to pursue postsecondary education.
Immigrants admitted as children often out-earn all tax filers by age 25-30. By 30, their median wage is $54,900, 17.6% higher than the Canadian average.
#Statistics_Canada, #immigrant_children, #statistics, #immigration_to_Canada
April 23, 2024
New Brunswick's postsecondary institutions dispute new federal restrictions on international students.
The cap, announced by Immigration Minister Marc Miller, aims to regulate Canada's growth and limit international arrivals.
New Brunswick received 9,279 of about 393,000 study permit applications, with a 10% drop from 2023, but adding 5,372 permits, totalling 14,651 for the province.
Despite an increase in attestation letters in New Brunswick, the approval rate for study permit applicants remains low.
Canadian institutions are collaborating with Ottawa to enhance conversion rates, including demanding first-semester fees before issuing attestation letters.
#New_Brunswick, #international_students, #PALs, #study_permits
April 23, 2024
