Canadian GDP Likely Growing as Immigrants Growing

February 21, 2018

What are the first few words that come to your mind when you think about Canada? Immigrant-friendly, multicultural, high standard of living at low costs, and snow, isn’t it? Canadian Visa Expert says like any other developed and wealthy country, Canada to needs to maintain its population to sustain growth.

According to Conference Board of Canada, the most efficient and most comfortable way to solve essential issues like aging population is by increasing immigration. The benefit is two ways. Skilled immigrants want to work in Canada because of all its benefits while Canada needs skilled immigrants to maintain the population, economic growth, and an active workforce. By combining all these factors, you get a promising Canadian GDP, population balance, and economic prosperity. As per 2017, Canada has a total population of 36.5 million. The country plans to invite one million immigrants until the end of 2020, which roughly accounts to 300,000 every year.

According to the roadmap, Canada will welcome 310,000 in 2018, 330,000 in 2019, and 340,000 people in 2020. Out of the one million targeted immigrants, 60 percent of them will be skilled immigrants, and the remaining will be refugee population. The skilled immigrants will be welcomed through the Express Entry and ten provincial nominee programs. Ahmed Hussen, Canadian Immigration Minister unveiled it.

Best country to live in

Canada tops the Organization for Economic Co-Operation and Development list as the most attractive market for immigrants wanting to settle. According to the list, Canada is one of the most comfortable countries to adjust to and start a new life. There is no doubt in saying that Canada is the best country to live in. Even education is around 30 to 40 percent cheaper than in the US. The standard of living is almost same and higher in some places. When coming to rent it is cheaper, air is cleaner, and the government is very friendly, thoughtful, and accomplished.

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