The federal government is expected to announce According to CBC News sources, the changes to immigration targets were made Thursday morning.
The new target comes nearly two months after Prime Minister Justin Trudeau said his government would consider reducing the number of permanent residents it takes in each year.
Prime Minister Justin Trudeau said in August that the government would review immigration levels this fall when asked by CBC News if the government was considering broader changes to the immigration system.
According to the government’s current immigration plan announced in November 2023, Canada will accept immigrants Approximately 485,000 The number of permanent residents is expected to increase to 500,000 in 2024 and 2025 and 2026.
Immigration Minister Mark Miller said in August that the government was open to adjusting the number of permanent residents it set over the next few years.
“If it’s an economic impact or a social structure impact, I’m very open to making changes,” Miller said. “That’s smart politics, that’s smart policy, and that’s what Canadians expect from us.”
Mr. Miller acknowledged he has heard concerns about Canada’s current pace of population growth, which is among the highest among developed countries.
Housing affordability is a key point of political vulnerability for the Liberal government. Federal civil servants warned the government more than two years ago that a large increase in immigration could impact housing prices and access to services, according to internal documents obtained by The Canadian Press.
Mr Miller and Housing Minister Sean Fraser said in January that the federal government was working to stabilize the number of people arriving each year as housing pressures increased.