Immigration is beneficial for everyone; therefore, a steady flow of immigration should be sustained. Firstly, immigrants bring their money, skills, and expertise along with them which ultimately increases the amount of value and reserved money in the economy; thus, banks are able to give loans with less interest which boosts entrepreneurship. Second, looking at Canada’s age structure diagram, it is evident that Canada’s population is gradually aging and can use the help of the 0-29 years old age group in order to fill this gap. In brief, Canada needs immigrants to maintain its economic well-being and prevent its population from aging, so I believe Canada should accept an many immigrants as it can.
Make sure to compare the 2020 diagram with standard diagrams as a reference.