Rents and interest rates can be reduced by temporarily targeting accommodation

The federal government of Canada, in an unprecedented move, has introduced a plan to determine the ceiling for the acceptance of temporary immigrants, which can help reduce the housing crisis and the rental market in this country. Currently, Canada has seen a significant increase in the influx of non-permanent people, which has put a lot of pressure on housing supply and infrastructure. By setting goals for temporary residence, the government seeks to achieve sustainable growth and reduce the percentage of temporary immigrants from 6.2% to 5% of the total population. Achieving these goals is expected to reduce pressure on rents and the housing market, reduce inflation in services, and possibly lower interest rates.

The Canadian government intends to work with the provincial governments to determine these goals and also to change the methods of hiring foreign workers by Canadian businesses. These changes can create a new perspective in managing the flow of immigration and its impact on the Canadian economy.


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