Canada’s population will increase by 430,000 by 2023, the fastest population growth since 1957. The increase is effectively made up of immigration into the country.
In the latest Statistics Canada census, released on October 1 this year, the country’s population stood at 40.5 million people. Population growth in the first nine months of 2023 has already surpassed the total growth of any other full year, including the record set in 2022, reports state broadcaster CBC.
The increase is effectively a result of immigration, with 313,000 people immigrating to Canada between July and September this year alone. According to Statistics Canada, most of these are people with work and study permits, and a smaller number are refugees.
Experts have previously warned that the surge in population growth could, among other things, lead to higher prices in the housing market, as the country has struggled to accelerate housing construction.
A poll by Leger, Canada’s largest market research and analysis firm, found that the proportion of Canadians who say they want to welcome more immigrants than before fell from 17% in March 2022 to 9% in November 2023. In addition, about three-quarters of respondents felt that the increase in the number of immigrants has put pressure on both the housing market and the health care system.