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Originally Posted by Drybrain
Well, that will happen at least temporarily, if the government follows through with this recently announced plan to scale back NPRs to 5% of the population by 2027. Doesn't sound like that big a deal, but to get there that quickly we'll basically need to stop taking in NPRs for a couple of years, which will cause population growth to crater before going back up in '27/'28 (to levels somewhat below today's, though still high).
The government hasn't announced by what means there will be such a dramatic reduction, however, so it will be interesting to watch.
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I'm not sure how to qualify all that, TBH. They say they are going to do this or that, but it was them who got us into this mess in the first place. Did they not understand the implications of vast increases in population happening in a short period of time?
From the article you linked to:
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In December, Statistics Canada said the country's population grew by more than 430,000 during the third quarter of 2023, marking the fastest pace of population growth in any quarter since 1957.
That rise was fuelled by international migration, including about 313,000 non-permanent residents who came to the country from July to September.
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This is just as recent as last fall, many years after it had already been known that housing costs were making housing unattainable for our younger citizens, and those who hadn't been fortunate enough to have bought into the housing market before it went crazy. Now, even rent costs have gone through the roof... in Halifax, of all places, where it was long known as a relatively affordable place to live.
Did they not understand the implications of their actions? I realize that running a country is not a simple situation, but it boggles the mind how they managed to screw it up so horribly, really. I mean, we elect these people with the faith that they have expertise and the ability to get things done so that the country at least can maintain the standard of living that we've come to expect, but that doesn't appear to be the case here.