Canada Sets Targets to Reduce Temporary Residents by 20% Over Three Years

TL;DR Summary
Canada plans to reduce the number of temporary residents by about 20% over the next three years, as the influx of temporary residents has exacerbated housing shortages in the country. This decision comes as Canada, which heavily relies on immigration as an economic driver, aims to set a target for temporary resident arrivals for the first time.
- Canada Plans to Cut Temporary Residents by 20% Over Three Years Bloomberg
- Federal government aiming to shrink temporary residents' share of population by 2027 CBC News
- Ottawa to decrease number of temporary residents to 5% of the population over the next three years National Post
- Canada plans to reduce temporary residents, cap future intake Yahoo! Voices
- For the 1st time, Canada will set targets for temporary residents Global News
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