this post was submitted on 24 Oct 2024
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Government says the levels plan will result in a 0.2 per cent population decline over next 2 years

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[–] [email protected] 8 points 5 months ago* (last edited 5 months ago)

The Canadian government estimates there are 235,000 Canadians who experience homelessness. A 2020 study suggests that there are 1.3 million unoccupied homes in Canada

Something tells me a 0.2% population decline (approximately 80,000 people, although they estimate 670,000 homes won't have to be built) isn't going to be a magic bullet solution.

edit: My math was off by an order of magnitude, which means the real numbers are more outlandish 🙃

[–] [email protected] 5 points 5 months ago

The new immigration levels plan will cause a 0.2 per cent population decline over the next two years, a government press release said. It said the plan will also "reduce the housing supply gap by approximately 670,000 units" over the next few years.

We have 41m people. A 0.2% decline is around 82,577 people. So the 670,000 fewer units isn't relative to the current supply, it's relative to what the demand would have been.

[–] [email protected] 1 points 5 months ago

Wonder how population would decline unless temporary visa isn’t renewed more than new visas approved.