Aug 20, 2023
According to Jean-Francois Perrault, SVP & Chief Economist at Scotiabank, “Canada is experiencing an immigration-led population boom, with population rising at its fastest rate in 20 years. This is in sharp contrast to other advanced economies, including the US, where population growth has slowed. This is giving Canada a dose of human stimulus that other countries aren’t benefiting from, while also increasing the pool of available labour for firms in need of workers.” Statements like this further confirm the Canadian provinces that will be most successful over the next two decades are those that are the most successful attracting highly skilled global talent for the long term.