Prosperity-Driven Immigration for Canada

Improving immigration in Canada to support long-term opportunity, well-being, and prosperity of all Canadians

Between 2023 and 2025, Canada is expected to welcome 1.5 million new residents, as part of the federal government’s goal to increase immigration targets.

 

Immigration has long been a major positive benefit to Canadian society, from uniting families and offering safety to those fleeing dangerous situations to enriching and strengthening the cultural fabric of our society, as well as growing our economy.

That’s important, because the purpose of this increase is economic, with the idea being that these newcomers will fill labour shortages to grow the economy.

And while immigration will certainly help Canada bake a larger pie, it alone is not enough to ensure everyone gets a larger slice. The reality is that increasing immigration targets alone will not improve the quality of life for all Canadians and will not make the Canadian dream a reality for newcomers.

We need more than bigger targets. We need a better strategy—one that ensures we can grow our economy and that everyone has the opportunity to benefit.

The purpose of this project is to inform an immigration strategy for Canada that is focused on improving the long-term prosperity, well-being, and quality of life for all Canadians, including the newest Canadians. We call it Prosperity-Driven Immigration for Canada.

Read our latest publication

Immigration Snapshot

Who is immigrating to Canada and Alberta

Background

In 2022, Canada experienced record levels of immigration and is now well on its way to breaking these records.

With the federal government’s new targets, immigration will account for all of Canada’s population growth and nearly all the workforce growth between now and 2036. That means that almost 30% of the population and 37% of the workforce will be immigrants.

With this projected growth, it is even more important to address the cracks in the system, including the roadblocks to immigrants’ success as well as the criteria and selection process for economic immigrants. These cracks can lead to weak economic outcomes for immigrants while businesses struggle to find skilled workers.

Canada has enjoyed strong public support for immigration for many years, but if these challenges are left unaddressed, this support is at risk.

Immigration can be an important lever of economic growth for Canada, but we must pull that lever in a way that ensures all Canadians, including new, recent, and permanent residents have access to greater opportunity because of it.

What is Prosperity Driven Immigration?

Immigration policy is not inherently prosperity-driven, but it can be.

Done well, immigration can meet labour market needs, support new immigrants in their chosen field, narrow disparities in economic and social outcomes, and ultimately boost productivity and economic growth.

There are three components to a prosperity-driven approach to immigration:

Market Responsiveness

Ensuring that immigration selection is responsive to the real skills and experience needed by businesses to drive growth and administered by processes that are nimble and efficient.

Immigrant Support

Addressing common barriers immigrants face to ensure they can fully participate in the economy and society.

Long-Term Success

Limiting unintended consequences on immigrants themselves and other Canadians, especially the most vulnerable (e.g., affordability of housing, economic outcomes of recent immigrants and equity-deserving groups).

Explore More

This timeline is frequently updated with new publications that explore a different facet of an improved immigration strategy for Canada. 

Media Inquiries

For more information on this project or to arrange an interview with a spokesperson, please contact: media@businesscouncilab.com