Canada's Immigration Targets Impact GDP
This is a Canada news story, published by Global News, that relates primarily to PBO news.
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Business & Economics
Ottawa’s immigration cuts will chop 1.7% off GDP in 3 years: PBO - National | Globalnews.ca

83% Informative
Canada ’s plan to reduce the number of immigrants over the next three years will result in a 1.7 per cent drop in GDP by 2027 , a report from the parliamentary budget officer said.
The PBO report also said that new immigration targets released by the federal government last fall will slash the country's population by 3.2 per cent or 1.4 million people.
Canada 's economy continued to grow last year , with StatCan 's latest report showing real gross domestic product rising by one per cent .
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