Canada Experiences Fast Growth Rate Since 1990 With Immigration Taking Huge Role

Canada has been open to immigrants for a long time now and for a number of reasons. One of these is to bring in the needed people to help with the growth of its population. The country has been dealing with an aging population and a low birth rate. That is why it is open to bringing in immigrants to help the country have a more youthful population as well as grow its population faster. A country needs to have a healthy growth rate in terms of population because it would be mean that there would be a good future since the young ones will continue what the present generation has been doing in helping and improving Canada.

Another reason is that with an aging population, the labor market would also be in need of workers and laborers. Businesses and companies can exist without these individuals. However, the room for growth would be very limited. With growth means more work done and without enough people in the labor market to tap into, these businesses may just stay stagnant or may even close up shop.

The rise in growth rate

It is interesting to note that Canada has recently experienced a rise in its growth rate which is a good thing given the reasons above. The population has risen by 1.4% which ending in July of this year as compared to the number of the population for the year before that. This is the fasted growth rate in Canada population that the country has been able to record in recent times. The last time that such a fast rate has been recorded happened in 1990 and that is a number of decades before.

The numbers in population growth of Canada have come from a report given by the official agency of the Canada government that deals with statistics and data. The agency has also continued to disclose that by the end of July this 2019, they have been able to record an increase in the population of 531,497. Compared to the same period a year before, the agency was only able to record 37.6 million. This is surely the biggest increase in terms of population. It is also the highest growth rate among all the countries that belong to the Group of Seven.

Immigrants playing a huge role

Immigrants have played a huge role in this increase in population in Canada. This is as per the statistics agency of Canada. The agency has reported 313,580 immigrants joining the population as of the period stated above. This is a good thing because the labor market is now teeming with skilled workers who are able to do the jobs needed in the country. Thanks to the increase in population, the employment rate in the country has also gone up which is definitely a good thing for the country.

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