Nine months after reaching a population of 40 million, Canada has cracked a new threshold.
As of Wednesday morning, it’s estimated 41 million people now call the country home, according to Statistics Canada’s live population tracker.
The speed at which Canada’s population is growing was also reflected in new data released Wednesday by the federal agency: between Jan. 1 2023 and Jan. 1 2024, Canada added 1,271,872 inhabitants, a 3.2 per cent growth rate — the highest since 1957.
Most of Canada’s 3.2 per cent population growth rate stemmed from temporary immigration. Without it, Canada’s population growth would have been 1.2 per cent, Statistics Canada said.
Pardon my ignorance but, what do you mean?
GDP per capita is going down.
The reason for mass immigration is to keep wages low and house prices up. People are too scared of being called racist to say anything about it. Governments only really care about the economy overall as in GDP, so they pander to businesses. They want low wages, less training, house prices to get more and more expensive. Good for business bad for the average Canadian.
Story is happening pretty much all over the world, except for places like Japan.
Countries should look after their citizens not the businesses.
https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=CA&start=2000
Your graph ends at 2022, we are now in 2024.
I tried to look for a nice graph like you presented, but best I found is this.
https://bcbc.com/insight/canadians-face-40-years-of-stagnant-incomes-governments-economic-strategy-is-failing/
From the article;
We estimate Canada will not recover its 2019 income per capita until at least 2027, based on the federal budget’s projections for GDP growth and likely population growth.
This is just an anti-immigration think piece that cites nothing of substance. While immigration may have negative effects in the short term, it’s almost universally understood to be an economic boon in the mid to long term, as an increase in the population leads to more demand for goods and services which stimulates the economy.