Canadian Chamber Statement on Immigration Targets Cuts

The Canadian Chamber of Commerce recognizes the government's efforts to strengthen and ensure our immigration system is sustainable. We are pleased to see that approximately 62% of total permanent resident admissions will be dedicated to the economic class. However, the significant reduction announced today for the 2025-2027 Immigration Levels Plan is disappointing for businesses across the country that, in recent months, have had to deal with abrupt and constant changes to immigration policy. Significantly decreasing our labour pool will impact thousands of these employers across Canada struggling to find the workforce they need to operate and grow. Today's announcement will also reduce Canada's capacity to attract foreign direct investment.

Immigration is a key driver of economic growth and our only source of workforce growth in the near future. It is more imperative than ever in the context of the aging of our population, low fertility rates and current wave of retirements. The future of Canada depends on getting immigration right. We can do better.

• Diana Palmerin-Velasco, Senior Director, Future of Work, Canadian Chamber of Commerce

About the Canadian Chamber of Commerce - The Future of Business Success

The Canadian Chamber of Commerce is Canada's largest and most activated business network - representing over 400 chambers of commerce and boards of trade and more than 200,000 business of all sizes, from all sectors of the economy and from every part of the country - working to create the conditions for our collective success. The Canadian Chamber of Commerce is the undisputed champion and catalyst for the future of business success. From working with government on economy-friendly policy to providing services that inform commerce and enable trade, we give each of our members more of what they need to succeed: insight into markets, competitors and trends, influence over the decisions and policies that drive business success and impact on business and economic performance.

Contact

Rewa Mourad
Public Relations Specialist
613.238.4000 (2211)
[email protected]