Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Impairments Surge: Homeowner Or Investor Trouble? Canadian mortgage impairments are surging. New Bank of Canada (BoC) data shows mortgage impairment in Q1 2025 climbed 65% since 2022, despite the best job market in history occurring in the middle of this […]
Canada’s international student landscape is undergoing a seismic shift, and it’s not just the quantity of students. Immigration, Refugees and Citizenship Canada (IRCC) data shows that new study permit applications were down in March. Old news, eh? What is new though is the shift in demand origination. China, once the top source of international students, […]
Canada’s education system is facing a reckoning: Even during the record tight labor market, graduates struggled to find jobs—with Ontario at the center of the issue. New Statistics Canada (Stat Can) data shows fewer graduates were able to find a job within 3 years of graduating. The study is conducted every 5 years, with the […]
Canada’s latest data should put to rest any doubts over slowing international student demand. Immigration, Refugees and Citizenship Canada (IRCC) data shows new study permit applications fell sharply in January. Policymakers planned to throttle applications with caps, but the drop has been multiples of the planned reduction. Canada Saw A 46% Drop In Study Permit […]
Canadian politicians chased immigration so much they completely missed the surge of citizens leaving. Statistics Canada (Stat Can) data shows emigration, the act of a citizen or permanent resident leaving for good, accelerated in Q4 2024. The move was part of a recent trend that saw the highest volume of Canadians fleeing the country since […]
Canada’s population just had its slowest quarter since people were physically restricted from moving here. Statistics Canada (Stat Can) data shows a sharp slowdown for population growth estimates in Q1 2025. The slowdown is intentional as the country walks back recent growth that saw non-permanent residents represent 1 in 14 people in the country, double […]
Canada is scaling back its immigration mandate and notifying public servants of significant layoffs. Staff at the Immigration, Refugees and Citizenship Canada (IRCC) just received an email from the Government of Canada (GoC) warning of layoffs as early as next month. The cuts will amount to roughly the equivalent of 1 in 4 roles at […]
Canada plans to slow its population growth next year, and it might be ahead of schedule. Immigration, Refugees and Citizenship Canada (IRCC) data shows applications for temporary residency, including extensions, declined in October. The decline comes ahead of a policy to shrink the temporary resident population, which has more than doubled over the past 3 […]
Millions of Canadian visas expire next year and the country isn’t sure how to deal with it. That became clear when policymakers fumbled in parliament when answering what Canada plans to do if people refuse to leave. The Government of Canada (GoC) expects nearly 5 million visas to expire next year, and hopes those who […]
Canada tried to solve its lack of skilled labor with immigration, but it’s having the opposite effect. A new report from the Institute for Canadian Citizenship (ICC), conducted by the Conference Board of Canada, reveals 1 in 5 immigrants that arrived from 1982 to 2019 have already left the country. Those most likely to leave […]
