Canada’s economy ‘won’t grow as fast’ in the future due to less immigration, Bank of Canada analysis says

'This should be a wake-up call for the Carney administration,' says NDP immigration critic Jenny Kwan, who argues that Canada should reset its immigration levels to ensure long-term growth.
A recent Bank of Canada analysis says this country's population growth is slowing mainly because, for decades, the birth rate has been below the level needed to replace the population, and fewer immigrants are coming to Canada.

Canada’s central bank says the economy “won’t grow as fast” due to “less immigration” in the coming years, and that labour shortages, due to the lack of young workers, could drive up inflation, according to a new analysis published Oct. 8, just ahead of the antic...

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