Government says the levels plan will result in a 0.2 per cent population decline over next 2 years
Wonder how population would decline unless temporary visa isn’t renewed more than new visas approved.
The Canadian government estimates there are 235,000 Canadians who experience homelessness. A 2020 study suggests that there are 1.3 million unoccupied homes in Canada
Something tells me a 0.2% population decline (approximately 80,000 people, although they estimate 670,000 homes won’t have to be built) isn’t going to be a magic bullet solution.
edit: My math was off by an order of magnitude, which means the real numbers are more outlandish 🙃
The new immigration levels plan will cause a 0.2 per cent population decline over the next two years, a government press release said. It said the plan will also “reduce the housing supply gap by approximately 670,000 units” over the next few years.
We have 41m people. A 0.2% decline is around 82,577 people. So the 670,000 fewer units isn’t relative to the current supply, it’s relative to what the demand would have been.
