Canada population growth in 66 years in 2023
Canada's population touched a record high of 40.77 million in 2023, largely driven by temporary immigration, Statistics Canada said on Wednesday.
The country added 1.27 million people in 2023, up 3.2% from the previous year - marking the highest growth since 1957.
The influx of immigrants has been blamed for a housing shortage that has pushed up house prices and sent affordability to new lows, hurting Prime Minister Justin Trudeau's approval ratings.
The population growth has also pulled down the country's gross domestic product per capita figures as seen in the last quarter as well as productivity levels, economists and the Bank of Canada have said.(Reuters)
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