Luke Hong

 Promotes diversity  Affects the labour market

 7.5 immigrants are accepted per 1,000 Canadians  248,748 permanent residents accepted in 2011 (2011 birth toll- 377,636)  About 240,000 immigrants migrate each year  Canada → one of the most general countries in terms of immigration policies  Population will increase to 40 million level by 2026 (current level 35 million)

 Infusion of different cultures → innovative, experiences, and broad perspectives (knowledge capital)  Ex. university research heads → 35% immigrants

 Affects trade by creating strong ties → 1% increase in immigration results in 0.1 % increase in value of Canadian exports (0.2% increase value of imports)

 Canada accepts twice more immigrants than the U.S. → more population, more available work force  Increase of 100,000 immigrants → 2.3% increase in real GDP  Gov. plans to increase number of Canadians to 50,000~53,000 by 2013

 Problem of lack of skilled/trained workers solved  Canada placed 6 th on the PISA scale  1 st - China, 2 nd – Korea, 3 rd - Finland  58% of immigrants from Asia and Middle East  Flow of temporary residents (24,000)

 Many immigrants end up in lower half of the economy  Immigration rate decreasing  more and more immigrants are contributing less to the economy