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December 9th, 2023 10:09 PM #142
Canada's surging cost of living fuels reverse immigration
In the first six months of 2023 some 42,000 individuals departed Canada, adding to 93,818 people who left in 2022 and 85,927 exits in 2021, official data show.
The rate of immigrants leaving Canada hit a two-decade high in 2019, according to a recent report from the Institute for Canadian Citizenship (ICC), an immigration advocacy group. While the numbers went down during pandemic lockdowns, Statistics Canada data shows it is once again rising.
While that is a fraction of the 263,000 who came to the country over the same period, a steady rise in emigration is making some observers wary.