Friday, July 19, 2024

Canada To Welcome One Million Immigrants By 2020

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John Hammond
John Hammond
John Hammond is the lead editor for Business News Ledger. John has been working as a freelance journalist for nearly a decade having published stories in the New York Times, The Plain Dealer, The Daily Mail and many others. Fergus is based in Detroit and covers issues affecting his city and market news.

Canada’s immigration minister has announced an ambitious goal of admitting up to one million immigrants into the country by the year 2020, which would bring Canada’s immigration up to approximately 1 percent of the country’s population.

This year, as many as 300,000 immigrants were admitted into Canada. Next year, this number will be increased to 310,000, and then an expected 330,000 for 2019 followed by up to 340,000 in 2020.

Ahmed Hussen made the announcement this morning in what the Liberal government is calling “the most ambitious immigration levels in recent history.”

Canada has long been one of the most desired countries to live in, with immigrants to the country comprised of refugees, family members as well as economic migrants.

“Our government believes that newcomers play a vital role in our society,” Hussen said. “Five million Canadians are set to retire by 2035 and we have fewer people working to support seniors and retirees.”

Right now, up to 75% of population growth across Canada is due to immigration, a percentage that will be closer to 100 in 2035.

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