Immigration to Canada Drops 64%, Threatening Economic Growth

Canadian immigration plummeted by almost two thirds in the second quarter as border restrictions remained in effect, threatening one of the country’s main drivers of economic growth.

The country accepted only 34,260 permanent residents in the three months through June, with border closures still in place to curb the spread of Covid-19, according to the latest government data. That compares with 94,275 in the same period last year, representing a drop of 64%.