Latest news with #MarkCarney


Economic Times
34 minutes ago
- Business
- Economic Times
Canada's population growth slows as immigration rules tighten
Live Events Cut international student permits by 35% starting September 2024 Set further 10% decrease in student permits for 2025 Require language tests for post-graduation work permits (CLB 7 for university grads, CLB 5 for college grads) Limit post-graduation work permits to in-demand fields only End work-permit eligibility for spouses of bachelor's and college students — keep it only for spouses of master's, PhD students, and select high-skilled workers Cap number of temporary foreign workers in low-wage jobs and reduce their maximum stays Implement a 'Strong Borders Act' tightening asylum rules — stricter eligibility, faster removals, stronger border controls Aim to reduce temporary residents to 5% of the population by 2026, with declining target numbers for 2025–2027 Align permanent resident targets to 395,000 in 2025, then gradually reduce Increase intelligence-sharing and cooperation with U.S. border enforcement Address public concern over rapid post-pandemic population growth and pressure on housing and public services Canada's population barely grew in the first quarter of this year as tighter immigration policies slowed the number of new arrivals, Statistics Canada data showed. The country added just 20,107 people, a near-zero percentage increase, compared with an average quarterly rise of 0.3% over the past the pandemic period, this was Canada's weakest quarterly growth rate since comparable records began in 1946. Population increases had previously been fuelled by a surge in temporary residents — especially foreign students — following the Minister Mark Carney, who has promised to cut immigration to 'sustainable levels,' welcomed the data. His predecessor, Justin Trudeau, began curbing new arrivals last year after rapid growth strained the country's housing, healthcare, and other public residents fell to about 3 million, or 7.1% of the population, down from a peak of 7.4% last year. Foreign students saw the biggest drop, with Ontario and British Columbia recording their steepest quarterly population declines since 1951.(Join our ETNRI WhatsApp channel for all the latest updates)At the same time, asylum claims continued to rise for the 13th consecutive quarter, reaching a record 470,029 people. Carney's government introduced a bill to tighten asylum rules and is already restricting the number of international students and foreign workers. Legislators will debate the new law on immigration plan seeks to hold overall population growth flat before returning to more typical rates. Even with these measures, migration accounted for all net growth last quarter as deaths outnumbered births by 5, government must now balance its goals. 'We want to attract the best talent in the world to help build our economy,' Carney said after winning his April election. But as public support for immigration declines, officials face increasing pressure to ensure future arrivals match the country's capacity and economic needs. Canada has introduced a series of tightened immigration measures in 2024–2025. These include caps on international student and temporary worker permits, tougher spouse‑permit rules, language requirements, and new asylum restrictions under the 'Strong Borders Act.' The goal: reduce temporary residents to 5% of the population, ease pressure on housing and services, and preserve system integrity.


Bloomberg
40 minutes ago
- Politics
- Bloomberg
What's Next for Canada-India Ties After G-7 Reset
By and Sudhi Ranjan Sen Save The relationship between Canada and India had been strained since the Trudeau government accused New Delhi's diplomats of backing violence and harassment against Sikh separatists living in the North American country. The dispute led to tit-for-tat expulsions of diplomatic officials. But a detente appears to have been reached after a near two-year standoff. The improvement in bilateral relations comes as Prime Minister Mark Carney is now in charge in Canada, and as both nations look to blunt the impact of US tariffs.


Winnipeg Free Press
an hour ago
- Business
- Winnipeg Free Press
Parliament set to rise today, with MPs to vote on controversial major projects bill
OTTAWA – Prime Minister Mark Carney's major projects and internal trade bill will be voted on today before the House of Commons rises until September. A closure motion the government passed to limit debate says the House won't adjourn today until debate wraps up on Bill C-5 and it clears the chamber. The Liberal government's controversial legislation, which would let cabinet quickly grant federal approvals for big industrial projects like mines, ports and pipelines, sailed through committee in the early hours of Thursday with support from the Conservatives. Indigenous and environmental groups and some opposition MPs and senators have criticized the government for rushing a bill through Parliament that gives cabinet such sweeping powers. The legislation was amended Thursday to withdraw the power it gave cabinet to sidestep the Indian Act after weeks of criticism from First Nations leaders. As Canada continues to grapple with U.S. tariffs, Carney on Thursday called C-5 called the 'core' of Canada's domestic economic response. A Senate programming motion has the upper chamber wrapping up its examination of Bill C-5 by June 27. — With files from Kyle Duggan and Alessia Passafiume This report by The Canadian Press was first published June 20, 2025.


Hamilton Spectator
an hour ago
- Business
- Hamilton Spectator
Parliament set to rise today, with MPs to vote on controversial major projects bill
OTTAWA - Prime Minister Mark Carney's major projects and internal trade bill will be voted on today before the House of Commons rises until September. A closure motion the government passed to limit debate says the House won't adjourn today until debate wraps up on Bill C-5 and it clears the chamber. The Liberal government's controversial legislation, which would let cabinet quickly grant federal approvals for big industrial projects like mines, ports and pipelines, sailed through committee in the early hours of Thursday with support from the Conservatives. Indigenous and environmental groups and some opposition MPs and senators have criticized the government for rushing a bill through Parliament that gives cabinet such sweeping powers. The legislation was amended Thursday to withdraw the power it gave cabinet to sidestep the Indian Act after weeks of criticism from First Nations leaders. As Canada continues to grapple with U.S. tariffs, Carney on Thursday called C-5 called the 'core' of Canada's domestic economic response. A Senate programming motion has the upper chamber wrapping up its examination of Bill C-5 by June 27. — With files from Kyle Duggan and Alessia Passafiume This report by The Canadian Press was first published June 20, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .


The National
an hour ago
- Business
- The National
Sheikh Abdullah meets Canada's Mark Carney in Ottawa
Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs, on Thursday met Canada 's Prime Minister Mark Carney. He delivered a written message from President Sheikh Mohamed during his working visit to Ottawa, before the meeting explored avenues to strengthen co-operation between the two nations, state news agency Wam reported. Talks focused on sectors including economic and commercial fields, energy, artificial intelligence and education. Discussions also considered regional and international developments, with Sheikh Abdullah stressing the importance of bolstering joint efforts to support global peace and security. Earlier, he met Canada's Foreign Minister Anita Anand and reviewed opportunities to enhance co-operation in several key sectors − including the economic, educational, investment, trade, technology and energy fields. Sheikh Abdullah also met Finance Minister Francois-Philippe Champagne. Discussions included the development of co-operation mechanisms to support investment between the public and private sectors in both countries.