Canada introduces historic restrictions on the number of temporary residents, including refugees

For the first time in history, Canada has decided to limit the number of temporary residents, including refugees from Ukraine, foreign students, workers, and asylum seekers, as announced by the country's Minister of Immigration, Mark Miller.

A reduction of 5% from the total population over the next three years, starting from September this year, has been announced, while at the moment, temporary residents make up 6.2% of the population.

In absolute numbers, this means a decrease to less than 2.5 million people who are currently living in Canada in a temporary status. Miller pointed to a "sharp increase" in the number of such people.

Additionally, by May 1st, Canadian companies will be required to reduce the number of temporary foreign workers, except for the construction and healthcare sectors.

This decision represents a significant change in Canada's policy, which has historically relied on open immigration to fill jobs and address the aging population issue.

Earlier, Canada decided to extend restrictions on real estate purchases by foreign citizens until 2027, with the aim of controlling the increase in housing costs and ensuring the accessibility of the real estate market for the country's citizens.

Furthermore, Canada has announced investments of more than 362 million dollars in a housing program for refugees, responding to assistance requests from local authorities and aiming for better adaptation of migrants.