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Canada's Finance Minister Faces Challenges Amid Population Growth

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Economy News

Canada,Finance Minister,Population Growth

Canada's finance minister, Chrystia Freeland, is facing challenges related to population growth and economic issues. The country's population has grown rapidly, adding over 1.2 million people in 2023. However, this growth has led to concerns about the economy and the immigration selection system. The finance minister is expected to deliver a budget on April 16, but there is limited funding available. Immigration Minister Marc Miller could play a crucial role in addressing these challenges.

It can’t be easy to be Canada’s finance minister right now. Chrystia Freeland should lean on Immigration Minister Marc Miller for a hand. Ms. Freeland is promising the middle class a better future, Canadians are screaming about rent increases and the Business Council of Canada is calling for a growth strategy in the budget she will deliver April 16. But there isn’t a lot of cash to spare in federal coffers or credit lines. Ms.

Freeland can’t, or shouldn’t, offer a lot of big-money fiscal-policy plans. But Mr. Miller could do a lot of favours for theA spurt of rapid population growth and a screwed-up immigration selection system are combining to damage the economy by fuelling currentCanada saw its population grow faster than most countries in the world in 2023, adding more than 1.2 million people in the year to Oct. 1, a 3.2-per-cent increase. Most of the growth came in the form of an additional 800,000 additional temporary residents – there are now 2.5 million in Canada – primarily foreign students and temporary workers. M

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