Canada to Experience a Population Boom in the coming 50 Years

According to estimates recently released by Statistics Canada, the Canadian’s population shall increase by 57% rising to 62.8 million by 2073. This going to be a jump up from the 40.1 million of last year. This demonstrates an average annual growth rate of 0.9% as per the medium growth scenario of the agency.

The county is expecting its immigration-oriented population to boost the number of people in Canada by more than half in the coming 50 years. However, in the case of the main scenario, the natural population growth (births minus deaths) is going to be negative by 2036, this would make immigration the main catalyst for the population increase.

The federal government announced last month that it plans to take in 500,000 immigrants a year by 2025, along with about 1.5 million new immigrants coming to the country in the next three years. According to this plan, the country shall welcome about eight times the number of residents each year – per population than UK and four times over the United States.

The Country has Big Plans

Canada has been striving to appeal to more permanent residents. This means the immigrants have the right to stay for an indefinite period but are not citizens. This is for the growth of the economy and population. Last year, the country took in the biggest number of permanent residents in its history – 405,000.

Like other Western nations, the country has an aging population and a lower birth rate. The country is relying on immigration to fill the gap in its economy left by the Baby Boomers who are getting old and leaving the workforce. So, if the country wants to grow in terms of population, it has to bring in immigrants.

Almost all of the country’s labor force comprises immigrants. By 2023, immigration shall account for not only the country’s labor force growth but the population growth too.

A Diverse Melting Pot

Presently, one in four Canadians arrived in the country as an immigrant, which is the highest number among the G7 countries. When compared to the U.S., known as the melting pot of the world, where immigrants account for only 14% of the population. The U.K also has an immigrant population of 14%.

The UK is a small island with double the population of Canada. It has a high population density. Canada has a population of over 38 million. The country demonstrates a lot of potential to grow.

Canada has had a very high support for immigration. People have had a welcoming attitude towards immigrants as the Canadian government handles it well and in such a way that is most beneficial to the country. Canadian immigration is one of the most popular routes for aspiring individuals.

Moreover, the different parts of Canada exhibit different attitudes towards immigration. When the government announced its target to take in 500,000 new immigrants in a year, the province of Quebec stated that it would not take more than 50,000 a year. The province is allowed to set its own immigration limits. This means that Quebec, with 23% of the country’s population would take in only 10% of the country’s immigrants.

Temporary Residents in Canada

The arrival of foreign students and temporary workers in Canada has strengthened the recent boom of Canada’s population. Presently, there are about 2.8 million temporary residents in the country, almost 830,000 more than the previous year.

However, according to the Statistics Canada foresees abrupt outflows of these newcomers starting from now till 2027. The Prime Minister aims to reduce the number of Canadian temporary residents by 20% over the coming three years due to increasing rents, housing shortages, and strained structure and services.

This outflow of temporary residents shall slow annual population growth to 0.7% between 2024-2025 and 2026-2027 compared to 3.2% last year. By 2028, there is going to be slower by positive growth.

Future Plans

Canada focuses on economic immigration. Half of its permanent residents are welcomed due to their skills and not due to family reunification. The government plans to increase that 50% to 60% by next year. Canada shifted from a quota system to a points-based system that preferred highly-skilled immigrants so they could contribute to the country’s economy.

Compared to other major countries, Canada takes in more economic-class immigrants. It is one of the top countries for refugee settlement as well. It accepted 20,428 refugees in 2021.

Canada boasts a welcoming attitude and plenty of opportunities for immigrants. If you reside in UAE and wish to build a future for yourself and your children, Immigration Consultants Dubai offers professional expertise and services for Canadian immigration. Get in touch with us today to get a free consultation.

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