Canada to level out number of new permanent residents in Canada in 2026

The federal government plans to level out the number of new permanent residents to Canada in 2026 in reaction to crunch on housing and other services, the immigration minister announced Wednesday.

The federal government plans to level out the number of new permanent residents to Canada in 2026 in reaction to crunch on housing and other services, the immigration minister announced Wednesday.

Immigration Minister Marc Miller tabled new targets for the next three years in Parliament, which call for the number of new permanent residents to hold steady at 500,000 in 2026.

The plans show that the targets for 2024 and 2025 will increase as planned to 485,000 and 500,000, respectively.

The Liberals have aggressively increased their targets over the past several years, and surpassed records for the number of permanent residents admitted in a year in both 2021 and 2022.

Those increases have come under increasing scrutiny, as the government has faced greater pressure to address a national lack of available and affordable housing.

Those concerns are balanced against the contributions immigrants make to Canada's economic growth and labour market, Miller said at a Parliament Hill press conference on Wednesday.

"These immigration levels will help set the pace of Canada's economic and population growth while moderating its impact on critical systems such as infrastructure and housing," he said.