Narayan AmmachchiMany foreign jobseekers who came to Canada in search of a better future are now reaching the exit door, as rising living costs, crime, and even road traffic, make their lives increasingly difficult.
According to the Institute for Canadian Citizenship (ICC), one in five of these economic immigrants will leave the country within the next 25 years. A significant portion, nearly one-third, is expected to depart within the next five years.
This exodus is primarily due to the high demand for skilled workers in other advanced countries. Many of those leaving are highly qualified professionals who are easily recruited by other nations.
Canada has welcomed millions of foreign workers over the past decade, contributing to the growth of its tech and manufacturing sectors. However, despite these contributions, the ICC estimates that slightly over 3,200 of the 395,000 permanent residents in Canada will leave within a year, and approximately 25,500 will depart by 2030.
Most of these departing immigrants reside in large cities in British Columbia and Quebec, where soaring housing prices and other rising living costs have significantly eroded their savings.
To address this issue, the ICC recommends expanding integration services for economic immigrants. A more targeted approach, focusing on the first two years of their stay in Canada, could help retain these valuable individuals.
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