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Opinion: It’s not that we have too many people. It’s that we have too few houses
(www.theglobeandmail.com)
this post was submitted on 13 Sep 2023
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Why not both? We know Canada can't build houses, so why not fix that AND lower immigration?
Lowering foreign workers (I'm in favour of it being temporary like the Nordic countries do) reduces their tax contribution from what usually is highly skilled jobs that are otherwise not being filled today (because our higher education infrastructure is user-pay and broken and we can't grow our own; think Filipino nurses) and what we know about compounding is that small reductions now mean massive issues in 30 years.
And we can't build houses because the current solution where we sprawl bungalows into farmland was a bad idea 2 decades ago but we still haven't gotten it into our heads that we need to stop AND REVERSE that trend to get farmland and green-space back.
So, on both points, we're doing it wrong and short-sighted and stupid; in one case we're not doing enough and in the other we've already gone too far.
I can't imagine their tax contribution justifies the housing crisis.