Cap on Growth: Immigration's Massive Impact on Canada's Rental Crisis and Economic Future

The recent announcement by the Immigration Minister to cap growth targets in Canada underscores the profound impact of immigration on the nation's demographic landscape. Over the past two years, Canada has experienced significant population growth, largely attributed to the influx of temporary workers and foreign students, which has exerted immense pressure on the rental market. This surge has seen rental rates skyrocket to unprecedented levels, with an annual increase of 8% and a staggering ...