Overview

• Canada plans to reduce its annual permanent resident intake from 500,000 to 395,000 in 2025, with further cuts planned for 2026 and 2027.
• The decision aims to address the country's housing supply gap, potentially reducing it by 670,000 units by 2027.
• Critics argue that the cuts unfairly target migrants, who are not to blame for Canada's housing and healthcare challenges.
• The policy shift reflects a broader strategy to manage sustainable growth amid public concerns over immigration levels.
• The reduction will focus on drawing more skilled workers, particularly in healthcare and trades, from the existing pool of temporary residents.