Canada Population Drops as Immigration Slows and Birth Rates Decline
Canada’s population experienced a decline of approximately 55,000 people in the first quarter of the year, largely due to reduced immigration and a decrease in the natural increase, where deaths outnumbered births. This demographic shift has been identified as a contributing factor to the recent struggles observed in Canada’s economy. While per-person GDP has shown some improvement due to the smaller population, economists suggest that a shrinking “economic pie” necessitates increased individual contribution and strategic business investment to foster future growth, rather than solely relying on immigration levels. Notably, Alberta remains a growing province, contrasting with population declines in Ontario and British Columbia, which saw significant drops in temporary residents.