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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 ...
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 ...
An excess of people entering a country is referred to as net immigration (e.g., 3.56 migrants/1,000 population). An excess of people leaving a country is referred to as net emigration (e.g., -9.26 migrants/1,000 population). The net migration rate indicates the contribution of migration to the overall level of population change.
The enforcement team with the Department of Citizenship and Immigration Canada was responsible for enforcing the Act at border crossings with the United States as well as checkpoints at international airports in Canada. The 1976 Immigration Act was replaced by the Immigration and Refugee Protection Act (IRPA) in 2002. [10]
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Canadian content value. IRB Canadian content value (CCV) is the percentage of the selling price of a product or service which represents Canadian labour and materials and is potentially eligible as an offset against a Canadian Industrial Regional Benefits (IRB) obligation with the Government of Canada. [ 1] Canadian content value is measured in ...
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.