Part 7/13:
Although immigration has often been touted as an economic booster, Canada's massive influx of non-permanent residents—tripling to 3 million in two decades—has created complex pressures. Youth unemployment sits at a 15-year high of 14%, and internal labor markets struggle under the weight of rapid demographic changes. While immigrants contribute to demand and labor supply, excess supply in housing and other sectors creates bottlenecks, driving up costs and reducing overall economic efficiency.