Quote:
Originally Posted by logicbomb
I doubt it. Vancouver is the most desirable city in the world. Most of my former clients that expressed their interest to move here have ended up buying property. You have a plethora of newly settled immigrants and refugees that are keen to work their way up; and many of their children will be reaching their mid 20's when all the baby boomers "expire." Remember, the introduction of transient students, refugees and immigrants allows for a competitive pool for the labour market (along with the housing market). An employer I know is loving the boom of temporary foreign students as they provide a cheap and replaceable source of labour in the downtown core.
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Just a quick internet search:
"As the Canadian population ages, immigration is increasingly the major source of population growth. At the moment, more than 60 per cent of population growth comes from immigration, but that will approach 100 per cent by 2030. If Canada wants to maintain its population structure, or at least the proportion of the population that’s over 65, it would have to start admitting about three to four times its annual intake of roughly 250,000 immigrants, experts say."
source:
http://www.theglobeandmail.com/news/...article542480/
that to me sounds like trouble. That reads that Canada will need 750,000 to 1,000,000 immigrants per year to maintain population. I think that's impossible. Maybe Vancouver will be different than Vernon, but how different?
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