May 6, 2019 – Canada's economic future can only be sustained with the help of immigrants to meet labour market needs, a new report has concluded.
Even if all 11.8 million people expected to leave Canadian schools between now and 2040 choose to stay in Canada, the number expected to retire is still significantly higher, at an estimated 13.4 million, according to the Conference Board of Canada report.
Immigration is set to provide all of Canada's net labour force growth over the next 20 years, expected to bring in 3.7 million workers, accounting for a third of the economic growth rate, the Conference Board says.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer
