CANADA'S IMMIGRATION ISSUES: NOT ENOUGH HOMES FOR NEWCOMERS

As country brings in more  and more immigrants than its global peers, officials work to build houses and keep up with demand A notice for a proposed development last year in Toronto, which attracts one-third of Canada’s immigrants, according to the Toronto Region Board of Trade. 

OTTAWA—Canada’s bid to attract a record number of immigrants, required to fill job openings and drive economic growth, has run into a bottleneck: There aren’t enough residences to accommodate these newcomers.

Immigration into Canada is on pace to hit a record high in 2022 of 431,000, following the entry of about 405,000 the previous year, and the country is targeting entry of another 900,000 newcomers in 2023 and 2024 combined. 

Because of immigration, Canada’s population over the past half-decade grew at almost twice the pace of its Group of Seven peers, Statistics Canada said.