We all know that the immigration bring us not only technology, but also investment, a skilled labor force, and a healthy population growth for a vast geography boasting less than 40 million people (less than most countries in Europe!). Today however, Canada needs more immigrants to sustain its economic growth but the Conservative government won’t significantly increase immigration levels because Canadians don’t want too many newcomers and the federal government can’t afford to integrate them either. This article "Immigration numbers won’t jump drastically: Kenney" said that too many immigration may have a significant effect on Canadian economy; they stimulate economic development, but on the other hand they also bring some "trouble". As the immigration can led growth, it is kind of good for real estate market, but the question is "do we want to expand immigration and increase growth too quickly or do we want to take advantage of "absorbing" the newcomings over a longer period of time." And we also wonder "will this reduce the amount of Chinese buyers in Vancouver?" or "will they still find their way through? If there were to be less Chinese buyers, will real estate prices start to level off?" It is a very considerable question for us to think about.
References:
http://natpo.st/oM1gok
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