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FIRST READING: Immigration has been artificially juicing Canadian GDP the whole time

Mark Carney recently declared that lower immigration has likely precipitated Canada's slide into recession

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FIRST READING: Immigration has been artificially juicing Canadian GDP the whole time Back to video

When asked about Canada’s official slide into recession, Prime Minister Mark Carney attributed it in part to his government’s dial down of immigration.

“We see some weakness, in part because of clear decisions by the government,” he told reporters on Tuesday, before noting his government’s lowered immigration targets.

The comment reveals something about the Canadian economy that analysts and critics have been warning about for years.

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