Trudeau's Immigration Pivot: Balancing Growth and Sustainability

Prime Minister Justin Trudeau announced significant reductions in Canada's immigration targets due to criticism over housing affordability and labor market imbalance. The government aims to stabilize population growth while addressing public concerns and ensuring sustainable immigration practices for Canada's future.

In a significant policy shift, Prime Minister Justin Trudeau revealed that Canada will drastically cut its immigration targets, aiming for 395,000 new permanent residents next year and gradually decreasing to 365,000 by 2027.

The decision comes in response to criticism that current policies strain housing affordability and disrupt labor market dynamics. Trudeau acknowledged previous missteps in balancing labor demands with population growth post-pandemic.

Critics from both political spectrums have voiced concerns, with some within Trudeau's party questioning his leadership while others argue about the exploitation of foreign workers. Amidst these challenges, Trudeau plans to maintain ambitious targets for integrating new immigrants sustainably.

(With inputs from agencies.)