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The economic impact of immigration is an important topic in Canada. Two conflicting narratives exist: 1) higher immigration levels help to increase GDP [1] [2] and 2) higher immigration levels decrease GDP per capita or living standards for the resident population [3] [4] [5] and lead to diseconomies of scale in terms of overcrowding of ...
Immigration, Refugees and Citizenship Canada ( IRCC; French: Immigration, Réfugiés et Citoyenneté Canada) [ NB 1] is the department of the Government of Canada with responsibility for matters dealing with immigration to Canada, refugees, and Canadian citizenship. The department was established in 1994 following a reorganization.
Canada Assistance Plan. v. t. e. In Canada, the federal government makes equalization payments to provincial governments of lesser fiscal capacity so that "reasonably comparable" levels of public services can be provided at similar levels of taxation. [ 1] Equalization payments are entrenched in the Constitution Act of 1982, subsection 36 (2).
The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [ 1] From 2003 to 2018, Canada saw an increase in home and property prices of up to ...
A permanent resident must live in Canada for 730 days out of every five years, or risk losing that status. [1] Time spent travelling with a Canadian spouse, on a business trip for a Canadian business, or working for a federal or provincial government office abroad can be included in the calculation.
Canada receives its immigrant population from almost 200 countries. Statistics Canada projects that immigrants will represent between 29.1% and 34.0% of Canada's population in 2041, compared with 23.0% in 2021, [1] while the Canadian population with at least one foreign born parent (first and second generation persons) could rise to between 49.8% and 54.3%, up from 44.0% in 2021.
The personal consumption expenditure ( PCE) measure is the component statistic for consumption in gross domestic product (GDP) collected by the United States Bureau of Economic Analysis (BEA). It consists of the actual and imputed expenditures of households and includes data pertaining to durable and non-durable goods and services.
The office responsible for immigration in Canada would again be titled minister of citizenship and immigration," with its creation in 1994 by the Department of Citizenship and Immigration Act (Statute 42–43 Elizabeth II, c. 31), [8] succeeding the minister of employment and immigration.