demographics
NEXT STOP: CANADA
Canada's immigration strategy will ensure it continues to grow at a pace unlike any other country's on earth for years to come.
Most of the developed countries in the world are faced with aging populations, and many of those are also faced with declining natural changes in population, that is deaths exceeding births. Of the 14 countries shown here, seven are faced with declining populations over the next 20 years as the decrease in natural population is not projected to be offset by net migration. Of the remaining seven countries, only India and South Africa are projected to grow through natural increase by more than 10% of their current populations over the next 20 years. With the exception of China and India, however, all of these countries are projected to have positive net migration, that is more people moving in than moving out. Of those countries expected to add through net migration over the next 20 years, they range from a low of 76,000 in Brazil to a high of 21.5 million in the US. When compared to their relative size, however, one nation stands out: Canada.
While the US is projected to add four times as many migrants as Canada, it has ten times the population. So when compared to the current population, Canada is expected to add an additional 14% through net migration, whereas the US is only expected to add 6% more. When we combine the natural change with net migration, Canada is projected to grow the second most, adding 16% of its current population, after South Africa at 19%. On the other end of the spectrum, Japan is expected to lose 12% of its current population over the next 20 years. While this growth to Canada's population is welcome news for our labour force, ensuring an adequate housing supply for all will be a major challenge going forward.
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