Business
Rising onward migration of skilled immigrants threatens Canada’s economy
Canada is facing an increasing challenge as a growing number of skilled immigrants, including permanent residents, are leaving the country.
Despite being a long-time destination for talented workers, many highly educated immigrants are opting to migrate elsewhere.
This trend, known as “onward migration,” is raising alarms about the potential negative impact on Canada’s economy and workforce.
As the government lowers its immigration targets in response to public concerns over housing and affordability, the departure of skilled workers could deepen existing workforce shortages and limit long-term economic growth.
According to Immigration News Canada (INC), in the past year, Canada experienced significant population growth, driven by high immigration levels, international students, and temporary foreign workers.
However, the federal government has revised its immigration policies, citing strain on social services and infrastructure.
Reports tell that for the first time in decades, Canada has reduced its permanent immigration targets, cutting the 2024 target from 500,000 to 395,000 by 2025. While this reduction addresses some concerns, it overlooks the critical issue of retaining immigrants who have already arrived.
Contrary to popular belief, reports inform that many of those leaving Canada are not struggling to integrate, they are often highly educated professionals who were specifically selected for their skills to meet the country’s labour needs.
Many immigrants are leaving for better opportunities abroad or due to dissatisfaction with their experiences in Canada.
Housing affordability and cost of living
Underemployment and career barriers
It is noted that skilled immigrants often face barriers to fully utilizing their qualifications.
Better opportunities abroad
Economic impact of onward migration
Public opinion and changing attitudes toward immigration
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