Canada's unemployment rate climbed to 6.8% in November, the highest in eight years, with the number of unemployed reaching 1.5 million nationwide, according to Statistics Canada. This sharp rise in unemployment raises concerns about the country's rapid population growth and its impact on housing, jobs, and healthcare systems.
A Hong Kong immigrant who has lived in Canada for over 20 years pointed out that the federal government's recent policies to welcome large numbers of immigrants have contributed to a population increase of 2 million in just two years. This sudden growth has overwhelmed provinces and cities, creating shortages in housing, employment opportunities, and healthcare services.
Paul, a Toronto-based financial professional originally from Hong Kong, criticized the Liberal government for relaxing immigration restrictions after the COVID-19 pandemic without considering the long-term consequences. He described the rapid influx of immigrants as a "ticking time bomb," arguing that local governments are ill-equipped to handle such a surge in population. While private companies initially hired many immigrants in industries like food service, manufacturing, and hospitality, the worsening economy has forced businesses to cut costs, making layoffs unavoidable.
Another Hong Kong immigrant, Maria, shared her personal experience. Previously employed at a bank, she was laid off several months ago and remains unemployed. She explained that banks are often the first to downsize during economic downturns, closing branches and reducing staff. Even employees who avoid immediate layoffs live in constant fear of further cuts.
The combination of an economic slowdown and a rapid immigration-driven population increase has exposed cracks in Canada's infrastructure and labor market. As unemployment rises and essential services struggle to keep up, the question remains: Is Canada prepared to support its growing population while ensuring economic stability?
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