Our shared prosperity depends on remaining a welcoming nation of opportunity, writes CIBC CEO Victor Dodig. Read more.
Consider a recent survey of 500 newcomers to Canada by Angus Reid Institute and Publicis Media that showed almost half intend to leave Canada or are considering leaving. For too many, Canada’s cost of living and theWe must urgently address these and other vital issues to get the full — and needed — benefit of immigration.Article content
Their story is the story of millions of immigrants who have enriched our country socially, strengthened our workforce and economy, and contributed to building the Canada we know today — one with a global voice, and significant potential.Article content We also face an aging population, coupled with a pandemic that accelerated retirements. A recent Statistics Canada survey showed that Canada’s median age has been increasing steadily since 1971 — a trend just reversed this year through immigration.Article content
First, we must ensure housing is affordable, because a place to live is essential to the dream of building a life in Canada. This is true for newcomers and for those saving for a home and looking to start out in life.Article content