this post was submitted on 24 Oct 2024
16 points (100.0% liked)

Canada

7203 readers
251 users here now

What's going on Canada?

Communities

🍁 Meta

πŸ—ΊοΈ Provinces / Territories

πŸ™οΈ Cities / Local Communities

πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

πŸ’» Universities

πŸ’΅ Finance / Shopping

πŸ—£οΈ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca/

founded 3 years ago
MODERATORS
[email protected]
16
New immigration plan aims to stabilize population growth, housing market: minister (www.cbc.ca)
submitted 3 weeks ago by [email protected] to c/[email protected]
3 comments fedilink hide all child comments
 

Government says the levels plan will result in a 0.2 per cent population decline over next 2 years

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 3 weeks ago

The new immigration levels plan will cause a 0.2 per cent population decline over the next two years, a government press release said. It said the plan will also "reduce the housing supply gap by approximately 670,000 units" over the next few years.

We have 41m people. A 0.2% decline is around 82,577 people. So the 670,000 fewer units isn't relative to the current supply, it's relative to what the demand would have been.