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S2 #3 Canada's population surpasses 40 million
According to CBC News on June 16, 2023, Canada's population has surpassed 40 million people.
The federal statistics agency's "population clock" uses modelling to estimate Canada's population in real time. The counter hit the 40 million mark just before 3 p.m. ET on Friday.
Canada's population growth rate currently stands at 2.7 per cent. That's the highest annual growth rate since 1957, when Canada was in the middle of its post-war baby boom, says Statistics Canada.
Canada's population grew by a record 1.05 million last year and about 96 percent of the rise was due to international migration, the agency said.
The specialist said Canada needs to attract newcomers to fill jobs left vacant by retiring baby boomers.
But a growing population also presents challenges, particularly with housing, he said.
Average Canadian house price rose to $716,000 in April — up by $100K since January
The average price of a Canadian resale home has increased four months in a row this year, according to the Canadian Real Estate Association. The average selling price of a home in April — the month for which the most recent data is available — was $716,000.
"We are in a crunch. We haven't been building enough units across the country, especially at the affordable levels," he said.
Canada's population topped 30 million in 1997 and could reach 50 million as early as 2043 if current trends continue, Statistics Canada said.
You can jump into the article from the description.
https://www.cbc.ca/news/politics/canada-population-40-million-1.6878211
It's truly impressive that I, as an immigrant, get to share such a remarkable and unforgettable moment in Canada. Speaking about the ratio of migrants, which is reported to be 96 percent due to international migration, what could be the reason behind such a substantial increase?
According to Google, the rise can be attributed to Canada's embracing of multiculturalism and immigrants, and I agree with this perspective. Undoubtedly, Canada boasts one of the highest immigration rates per capita among developed nations. When considering the number of immigrants in each country, India tops the list with 118,095 immigrants, accounting for 27% of the total. Following that, China has 31,815 immigrants (7.2%), and Afghanistan, Nigeria, Philippines follow. As for Japanese immigrants, the number of permanent residents admitted to Canada in 2022 was only 885, obviously making us a minority here.
In my opinion as one of the immigrants, this news has both positive and negative aspects. On the positive side, having a diverse population from all around the world enriches our immigrant experience and might be able to make living here more comfortable. However, on the other hand, as more people come, competition intensifies. Capitalism will be further stimulated. As mentioned in the article, the cost of living, including rent, will continue to rise. In the worst-case scenario, there is a higher likelihood of job loss, as it becomes easier to be replaced unless one possesses specific or highly sought-after skills.
After all, the most we can do is strive to give our best effort every day and find ways to compete with intelligent individuals from across the globe. That’s everything we can do. That’s it. Are you becoming intrigued by the idea of living in Canada? I would love to hear your impressions and thoughts on the matter.
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By Charlie BlueAccording to CBC News on June 16, 2023, Canada's population has surpassed 40 million people.
The federal statistics agency's "population clock" uses modelling to estimate Canada's population in real time. The counter hit the 40 million mark just before 3 p.m. ET on Friday.
Canada's population growth rate currently stands at 2.7 per cent. That's the highest annual growth rate since 1957, when Canada was in the middle of its post-war baby boom, says Statistics Canada.
Canada's population grew by a record 1.05 million last year and about 96 percent of the rise was due to international migration, the agency said.
The specialist said Canada needs to attract newcomers to fill jobs left vacant by retiring baby boomers.
But a growing population also presents challenges, particularly with housing, he said.
Average Canadian house price rose to $716,000 in April — up by $100K since January
The average price of a Canadian resale home has increased four months in a row this year, according to the Canadian Real Estate Association. The average selling price of a home in April — the month for which the most recent data is available — was $716,000.
"We are in a crunch. We haven't been building enough units across the country, especially at the affordable levels," he said.
Canada's population topped 30 million in 1997 and could reach 50 million as early as 2043 if current trends continue, Statistics Canada said.
You can jump into the article from the description.
https://www.cbc.ca/news/politics/canada-population-40-million-1.6878211
It's truly impressive that I, as an immigrant, get to share such a remarkable and unforgettable moment in Canada. Speaking about the ratio of migrants, which is reported to be 96 percent due to international migration, what could be the reason behind such a substantial increase?
According to Google, the rise can be attributed to Canada's embracing of multiculturalism and immigrants, and I agree with this perspective. Undoubtedly, Canada boasts one of the highest immigration rates per capita among developed nations. When considering the number of immigrants in each country, India tops the list with 118,095 immigrants, accounting for 27% of the total. Following that, China has 31,815 immigrants (7.2%), and Afghanistan, Nigeria, Philippines follow. As for Japanese immigrants, the number of permanent residents admitted to Canada in 2022 was only 885, obviously making us a minority here.
In my opinion as one of the immigrants, this news has both positive and negative aspects. On the positive side, having a diverse population from all around the world enriches our immigrant experience and might be able to make living here more comfortable. However, on the other hand, as more people come, competition intensifies. Capitalism will be further stimulated. As mentioned in the article, the cost of living, including rent, will continue to rise. In the worst-case scenario, there is a higher likelihood of job loss, as it becomes easier to be replaced unless one possesses specific or highly sought-after skills.
After all, the most we can do is strive to give our best effort every day and find ways to compete with intelligent individuals from across the globe. That’s everything we can do. That’s it. Are you becoming intrigued by the idea of living in Canada? I would love to hear your impressions and thoughts on the matter.