The population is a huge factor when it comes to making sure
that a country is competitive in terms of making it big in the global economy. And
according to a recent study done, Canada would have to make sure that it
continuously gives importance to immigration and make it a priority if it wants
to keep its rank in the top part of the global economy. By working on
immigration at present, it would be helping the country’s economy right until
the end of this century.
Canada has long been reliant on immigration to help bring up
the low population. It has a huge land area but a low birth rate. The population
is also aging and so the number of people in the labor market has also been
going down. That is why the government of the country has been doing its best
to lure and retain immigrants in its territory via various routes. These immigrants
can help bring up the average age, boost the birth rate, and be an addition to
the labor market.
The study that was done
The study that was done showed that there may be a decline
in the population around the world by the late part of the 21st century. It also
continued to show that in 2064, the population of the whole world would be at
its peak at around 9.73 billion. However, the population would start to go down
to up to 8.79 billion come 2100.
The researchers who did the study have also seen that the
population of Canada would be peaking at around 45.2 million by 2078. It would
also then start to go down by 44.1 million by 2100. These numbers though are
said to be a conservative estimate as compared to another research that has
been done back in 2018 which said that the population in Canada would be around
45 million in 2040 if the immigration rate in the country is able to reach at
least 1% of the population for each year. The growth of the population would also
be quite independent on the immigration levels in the country by 2030.
The current situation in Canada
A significant portion of the growth in population in Canada
is because of immigration. Last year, around 82% of the growth of the population in
the country was because of immigrants arriving in the country. The remaining
18% of the of the growth was because of births during that period. Statistics Canada
has also mentioned that the growth from births in Canada has been going down
with each year so immigration has been the one picking up the slack. This is
why the government of the country has been focusing highly on immigration so as
to help bring up the population when it has already recognized that growth from
births has not been going up for several years already.
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