Monday, December 8, 2025

Carney to Cut Canada Immigration from Record Peaks But Stay Above Historical Averages

Canada’s Liberal Party is preparing immigration reforms under Prime Minister Mark Carney that would reduce both temporary and permanent residency numbers from record highs while maintaining levels significantly above historical averages.

The reforms, part of Carney’s priorities for his new government, would cut temporary residents to below 5% of Canada’s population by 2027, down from current peaks approaching 8%, but still more than double historical levels of around 2%.

Data from Statistics Canada reveals Carney’s permanent residency targets, while reduced from recent peaks of 450,000-500,000 annually, would maintain levels substantially above historical norms.

Proposed targets of 390,000 (2025), 380,000 (2026), and 365,000 (2027) exceed the roughly 200,000-265,000 annual admissions Canada maintained through most of the 1990s and early 2000s, when the country’s population was smaller.

The temporary resident reduction, while substantial, would still keep levels way above the early 2000s.

According to Carney, these immigration caps “will remain in place until we’ve expanded housing, and we’ve reabsorbed the levels of immigration that have happened in our country (during the pandemic).”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Canada Has So Few Projects That Can Be Built Before 2030 | Dan Wilton – First Mining

Guanajuato Silver: Q3 Results Overshadowed By Silver Ripping

I Went to See the Highest Grade Silver on Earth | Nord Precious Metals

Recommended

Emerita Resources Awards Contract For Pre-Feasibility Study On Iberian Belt West Project

Selkirk Copper Appoints Two Members Of Selkirk First Nation To Leadership Team

Related News

Carney’s Two-Year Fast-Track Push For Major Projects Is Coming

Mark Carney will next week unveil legislation to guarantee two-year approvals for major nation-building projects—ranging...

Friday, May 30, 2025, 10:38:00 AM

Canada Sees Sharp Drop in Permanent Resident Applications in July

Do people still even want to move to Canada?  Recent data from the Government of...

Thursday, September 14, 2023, 11:41:00 AM

Trump: “I Actually Think The Conservative Hated Me Much More Than The So Called Liberal”

Canadian Prime Minister Mark Carney will visit Washington for talks with President Donald Trump soon,...

Thursday, May 1, 2025, 07:51:40 AM

Poilievre Vows to Scrap Industrial Carbon Pricing Amid Falling Poll Numbers

Conservative Party Leader Pierre Poilievre pledged to eliminate Canada’s industrial carbon pricing system if elected,...

Tuesday, March 18, 2025, 02:03:00 PM

Canadian PM Carney Signals Shift on Oil and Gas Emissions Caps

Canadian Prime Minister Mark Carney signaled on Thursday he may work with industry rather than...

Monday, March 24, 2025, 12:10:00 PM