Canada welcomed more than 405,000 permanent residents in 2021. This was a record number of immigrants accepted by Canada in one year.
Most of the Canadian labor force is derived from immigrants, and approximately 80% of population growth comes from them. Currently, there are under 1,000,000 unfilled vacancies in the country that the government tries to fill by inviting more and more immigrants.
According to Statistics Canada, by 2030, around 5,000,000 Canadians are expected to retire, which will drop the worker to retiree ratio to 3:1. Thus, the Canadian government increased the immigration levels to meet the economic needs and tackle the labour shortage issue in the country.
Immigrants contribute to the economy and create jobs for Canadians. They contribute to the country's economy, not only by filling gaps in the labour force and paying taxes, but also by spending money on goods, housing and transportation.
In addition, immigrants deliver and improve the health and social services. This is because, many immigrants are young and economically active so they contribute more than they receive in benefits over their lifetime.