x
(403) 452-9515
Ackah Business Immigration Law – Personal and Corporate Immigration
Contact us

Contact Information

1 (403) 452-9515

1 (800) 932-1190

Book a Consultation

More Options...

Eliminating Immigration Would Have a Negative Impact on Canada's Economy

Blog posted on by Evelyn Ackah in Immigration, Immigration Law and Economic Immigration

Eliminating Immigration Would Have a Negative Impact on Canada's Economy

A new Conference Board of Canada report says that eliminating immigration would have a negative impact on Canada's economy. The study imagined what would happen by 2040 if Canada's borders were completely shut.

“Immigration contributes to the economy in several ways,” explained Kareem El-Assal, senior research associate with the Conference Board. “They are going to contribute to our labour force, but they’re also going to contribute in terms of economic activity.”

By 2034, immigration will account for 100% of Canada's population growth

Immigration currently is 71% of Canada's population growth and 90% of labour force growth, according to the Conference Board. By 2034, it's expected to account for 100% of Canada's population growth, and deaths will exceed births. The Conference Board report recommends boosting Canada's immigration rate to 1% of the total population, from 0.8% in 2017.

Without immigrants, the study found that:

  • Canada's population would age more rapidly.
  • The labour force would shrink. By 2040, the ratio of workers to retirees would drop from 3.6 to 2.0. More than a quarter of the population (26.9%) would be 65 and over, compared to 22.4 % with a gradual increase in immigration.
  • Paying for social services like health care would result in tax increases across the country.
  • The shrinking labour force, lower local demand and tax increases would lower levels of business investment and businesses would likely choose to forego Canadian operations.
  • Economic growth would slow down without immigration. Canada's GDP growth is expected to grow by an average of 1.9% in the decades to come with a gradual increase in newcomers. Without immigrants, growth would slow to 1.3%.

Economic immigrants — skilled workers and other newcomers — contribute the most to Canada's economy.


Evelyn L. Ackah, BA, LL.B.

Founder/Managing Lawyer

Ms. Ackah is passionate about immigration law because it focuses on people and relationships, which are at the core of her personal values. Starting her legal career as a corporate/commercial ...

More About Evelyn L. Ackah, BA, LL.B.

Canada Welcomes Record Breaking Over 430,000 Immigrants in 2022

BOOK YOUR FREE CASE EVALUATION Canada announced on Tuesday, January 3 that it welcomed 431,645 new permanent residents in 2022. Immigration Minister Sean Fraser said in a news ...

Read More

Canada Named A Top Destination for Global Mobility

BOOK YOUR FREE CASE EVALUATION According to global mobility expert Envoy, Canada is at the very top of the list when it comes to global mobility. "Global mobility" refers to the ability ...

Read More

Now Is The Time to Move to Canada: Canada Wants to Welcome 1.45 Million Immigrants By 2025

BOOK YOUR FREE CASE EVALUATION Due to Canada's ongoing labour shortage, Canadian Immigration Minister Sean Fraser announced the country's new Immigration Levels Plan 2023-2025 ...

Read More

Don't Get Lost In The Immigration Backlog: Let Ackah Business Immigration Law Smooth Your Journey

If you are currently trying to move to Canada for work, school, or family, a primary concern is that you don't get lost in the backlog. Canada wants immigrants to fill jobs and create ...

Read More

Digital Nomad Visa: How To Be A Remote Worker in Canada

BOOK YOUR FREE CASE EVALUATION The digital age has brought along many technological advances and allows people worldwide to stay connected and in communication. A new trend is ...

Read More

62% of New Permanent Residents in 2021 Were Economic Immigrants: Is Your Express Entry Profile Updated?

Economic immigration remains key to Canada's recovery after the pandemic and the solution to Canada's labour crisis. 70% of Canada’s immigrants arrived were economic immigrants ...

Read More

We found Ackah Law to be diligent and knowledgeable in advising our firm on foreign worker options. We were impressed with their hands-on approach to ensure personnel were properly briefed and supported prior to and at the time of entry.

– Rolf Wentzel, COO

View All Testimonials