Toronto, Montreal and Vancouver would be shrinking if it weren't for immigration. Right now, there's no immigration
Canada’s agricultural industry is facing serious pressures due to a lack of temporary foreign workers. Although TFWs were exempted from the travel ban, the number of arrivals was down 35 per cent in March, and down 45 per cent for agricultural workers, the RBC report stated.
The federal government will need to think carefully over the next little bit how to adapt our immigration system to again start allowing immigrants to flow into Canada.Universities could also suffer, as they’ve grown increasingly dependent on the high tuitions paid by international students. If just one-fifth of foreign students don’t show up, the University of Toronto alone will face a $200-million hole in its $3-billion budget, Agopsowicz wrote.Then there is the question of paying off the massive debt governments and others are taking on in the pandemic. Canada has historically relied on population growth to make its public debt easier to pay over time. But with slower population growth, the country could be headed towards a “fiscal cliff,” Agopsowicz warned.
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