According to Desjardins’ latest report on the impact of federal immigration targets, this surge of immigrants is anticipated to have numerous positive benefits for the Canadian economy and society, some of which are already evident.
For instance, compared to their Canadian-born contemporaries, recent immigrants are now more likely to work. This is a recent phenomenon that results from the convergence of two key trends: the slow drop in the employment rate of Canadian natives and the observed rise in the employment rate of new immigrants beginning in 2016.
