Canada Announces 20% Reduction in Temporary Residents Over Next Three Years

The Canadian government aims to alleviate housing shortages and align immigration with labor market needs.

Canada plans to cut the number of temporary residents by about 20% over the next three years to address housing shortages and labor market alignment.
Currently, over 2.5 million temporary residents live in Canada, constituting 6.2% of the population, with a goal to reduce this to 5%, or about 2 million.
The new policy will set annual targets for temporary immigrants, including foreign workers, international students, and asylum claimants, for the first time.
Recent rapid population growth has strained infrastructure and services, worsened housing shortages, and increased living costs, prompting policy adjustments.
The government will also review temporary worker streams to ensure alignment with labor market needs and reduce abuses in the system.