the rennie landscape - Fall 2021

demographics

A PERMANENT REBOUND IN PERMANENT (AND NON-PERMANENT) RESIDENTS?

While Canada has yet to throw open its borders to international migrants, the country’s elevated immigration targets signal its intentions—and the results are already being seen.

Much ado has been made over the federal government’s increased immigration targets, which—if achieved—would see more than 400,000 permanent residents welcomed to Canada in each of 2021, 2022, and 2023. To-date (through July), however, the 145,000 immigrants that have come to Canada this year only has us on pace for approximately 250,000 immigrants by year-end. A couple of comments on this are warranted. First, any difference that exists between targeted and realized immigration is sure to be compensated for in the following years via further enhanced targets.

Second, both permanent resident migration as well as non-permanent resident migration (those on study and work permits) have both rebounded significantly from last year’s lows here in BC. The latest monthly data for international students in BC, as one example, shows a 139% increase in June 2021 versus June 2020. We won’t be able to sustain these year-over- year increases over the longer-term, but we should expect permanently higher levels of international migration to our province for years to come.

THE STUDENTS ARE RETURNING TO BC (AND SO IS EVERYONE ELSE)

20k

year-over-year change 86% GROWTH year-over-year change 57% GROWTH

15k

year-over-year change 139% GROWTH

10k

5k

year-over-year change 59% GROWTH

0k





MARCH 

JUNE 

PERMANENT RESIDENTS

STUDY PERMIT

TEMPORARY FOREIGN WORKERS

WORK PERMIT

SOURCE: IMMIGRATION, REFUGEES, AND CITIZENSHIP CANADA DATA: MONTHLY INTERNATIONAL IN-MIGRATION TO BRITISH COLUMBIA

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