Skip to content
Home > Future of Work > How lowering the number of…

Future of Work

A curated resource of recent research on trends shaping Canada's labor market.

How lowering the number of non-permanent residents will impact Canada’s economy
April, 2024 | BY Janzen, N.
READ THE FULL ARTICLE AT THE SOURCE
Web Version
Key Takeaway
Slower population growth could reduce price pressures in Canadian markets, especially in housing, but may heighten challenges related to the aging population.

 

This RBC economics report explores the potential impacts of reducing the number of non-permanent residents in Canada.

The federal government has announced plans to decrease the number of non-permanent residents. Annual targets have yet to be determined, but preliminary information implies that the starting goal will be to decrease their count by 20% over three years, equivalent to about 500,000 people.

Slowing the wave of non-permanent residents may give sectors time to respond to infrastructure demands (e.g., housing), but it could heighten the impact of baby boomers’ retirements. Reducing the number of non-permanent residents is projected to increase the average age of Canada’s population, which may further lower labour force participation, compounding the loss of baby boomers from the available labour force.

Currently, non-permanent residents have a higher labour market participation rate. They are an important part of the Canadian workforce, and the labour market will see ripple effects when their numbers decrease.

Tags:
Demographics
Immigration
Labour Market Impact
Canadian Study

Recent reports about the future of work

New
Learning from one another: Labour markets in Yukon
2025 | The Conference Board of Canada
Key Takeaway: The economy in Yukon is expected to grow by 41% from 2024 to 2045. However, the existing labour supply cannot meet the territory’s current labour demand.
View Summary
Web Version
New
Innovative work-integrated learning: Smarter skills solutions for Canada’s SMEs
2025 | Munro, D., & Lamb C.
Key Takeaway: Work-integrated learning programs that are short, flexible and less resource-intensive increase opportunities for students to develop professional skills and networks.
View Summary
Web VersionPDF Version
New
Artificial intelligence at work: The shifting landscape of future skills and the future of work
2024 | Cukier, W., Saiphoo, A., & Parkin, A.
Key Takeaway: There is an urgent need for employers to develop artificial intelligence (AI) policies and to implement training for the use of AI tools at work.
View Summary
Web VersionPDF Version
January, 2025 | Health Canada
Key Takeaway: There’s a significant gap between the supply and the demand for health-care workers in Canada, which is expected to worsen without intervention.
View Summary
Web VersionPDF Version
2024 | Bright, J., Enock, F.E., Esnaashari, S., Francis, J., Hashem, Y. and Morgan, D.
Key Takeaway: Generative artificial intelligence is becoming embedded in the everyday work of many sectors—including the public sector.
View Summary
Web Version
April, 2024 | Vernède, S., Trzcinski, J. & Pietruszka, M.
Key Takeaway: The availability of both green jobs and jobs requiring green skills is outpacing the number of workers with the right skills.
View Summary
Web VersionPDF Version
Load More

Contact Us

350 Sparks Street
Suite 604
Ottawa, Ontario K1R 0A4

info@lmic-cimt.ca

Please enter your name.
Please enter a message.
Please check the captcha to verify you are not a robot.
Submit message
Scroll To Top