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Home News World News

Housing Shortage: Canada Considering Cap On International Students – Immigration Minister

by ReportersAtLarge
January 15, 2024
in World News
Reading Time: 2 mins read
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Immigration Minister Marc Miller expressed his commitment to closely examine the influx of international students and temporary residents entering Canada amid growing concerns over the connection between housing affordability and immigration dynamics.

In recent interviews, Miller acknowledged the multifaceted relationship between housing and immigration, emphasising that the cabinet deliberated on these matters when establishing Canada’s immigration targets.

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“Housing remains a pressing concern, especially in the post-COVID landscape, with the rise in interest rates, supply constraints, and affordability issues,” said Miller.

He highlighted that immigrants were not responsible for the interest rate hikes, yet the sheer volume of newcomers warranted a closer examination.

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Canada faces significant challenges related to housing affordability. The Conservative opposition has linked government deficits to escalating interest rates.

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Conservative Leader Pierre Poilievre outlined his approach to trimming wasteful spending to balance the budget, aiming for more favourable interest rates.

Furthermore, he proposed linking infrastructure funding to the number of homes allowed for city construction.

Surveys indicate a shift in Canadian sentiment regarding immigration’s impact on housing, with a substantial majority believing that increased immigration contributes to the housing affordability crisis and strains the healthcare system.

The Liberal government has implemented various measures to enhance housing affordability. This includes forging agreements with municipalities to encourage housing-friendly zoning and regulatory changes in exchange for federal support. Additionally, Miller introduced fresh regulations governing foreign students in December.

A recent report by The Canadian Press disclosed that senior civil servants had cautioned the government about immigration’s effect on housing affordability and essential services such as healthcare.

In November, the government announced it would maintain a target of 500,000 new permanent residents in 2026 after multiple increases in annual immigration goals. Miller expressed his intention to focus on temporary residents in the coming months, recognizing the need to assess and potentially limit the influx of non-permanent residents.

He proposed reforming postgraduate work permits or implementing measures to control the volume of temporary residents, acknowledging the potential economic implications of such actions.

Canada Immigration Strategy

Miller defended the government’s overall immigration strategy, stressing its necessity to sustain a growing labour force as Canada’s population ages. He also highlighted that issues involving international students on temporary visas fell under provincial jurisdiction.

Jovial Orlachi Osundu, president of the International Students Association at Université de Moncton, argued that blaming international students for the housing crisis was unjust and warned that it would discourage prospective students from considering Canada for their studies.

Miller emphasised the federal government’s role in intervening within a market where certain parties prioritise short-term profits over the long-term stability of the housing market. He called for provinces to be receptive to change and expressed readiness to collaborate with them in addressing the issue, emphasising that the federal government was willing to take action if necessary.

Tags: CanadaCanada ImmigrationCanadian Immigration MinisterHousing AffordabilityImmigration DynamicsInterest RatesInternational Student ImmigrationInternational StudentsMarc MillerStudy In CanadaStudy PermitTemporary Residents
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