Immigration Capping Aging in Canada

Canada is expected to fall short of skilled workforce with major part of its population aging. As per the Conference Board of Canada, there would be a shortage of the human resources in the coming years starting 2015 to 2030 when the number of retirements would increase. According to the Board, an increase in the rate of immigration could be a possible answer to this problem. As per the data in 2008, the current rate of immigration involves permitting around 250,000 people per year. This number is being planned to be extended by another 100,000 to make it 350,000 intakes annually.

Despite increasing the number of immigrants walking into the country, the aging trend cannot be reversed. However, a balance would be maintained catering to the skill and labor shortages. This would ensure a stable growth of population during the above mentioned period of forecast.

It is being presumed by the Conference Board that the rate of 350,000 immigrants each year till 2030 are being considered as positive and would be the answer to all their problems. Although, the resources are not enough to build a growth pattern for the economy that is required to support the relevant social programs.

Despite inviting more immigrants to live and work in Canada, there would be challenges from other nations as well which would further increase the competition to target foreign migrants.

According to a spokesperson from the Citizenship and Immigration Canada, the government of Canada is planning on a number between 240,000 and 265,000 immigrants annually. This range can easily be considered as one amongst the highest for the industrialized nations. More so, there is no target available catering to long-term immigration. However, the immigration program has been evolving regularly over a period of time with the changing trends in economic goals.

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