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New Canadians take their oath during a special citizenship ceremony held in Ottawa ahead of a hockey game between the Ottawa Senators and the visiting Calgary Flames. Canada recently announced it would raise its annual immigration targets.
New Canadians take their oath during a special citizenship ceremony held in Ottawa ahead of a hockey game between the Ottawa Senators and the visiting Calgary Flames. Canada recently announced it would raise its annual immigration targets. Photo by Ashley Fraser/Postmedia

Canada will welcome half a million new permanent residents in the year 2025.

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Immigration Minister Sean Fraser said the government's plan would "help businesses find the workers they need and set Canada on a path that will contribute to our long-term success."

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On this week's edition of Down to Business, an economist from the University of Waterloo spoke about the immigration plan and how it will affect the labour market.

There was a sudden labour shortage in late 2021. The conversation is short and to the point.

You can subscribe to get new episodes on Wednesdays.

If you have a question about the show, please email us at downtobusiness@postmedia.com

The email is gfriedman@postmedia.

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