Mmastodon WorldImmigration first seen 8 h ago, last 3 min ago, peak #10
Canada's migration slowdown offers lessons for Australia's debate
Original: Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer clues By Patrick Commi
Guardian Australia economics writer Patrick Commins examines whether cutting migration would damage the economy or improve living standards. Canada, where annual population growth has slowed to just 0.5%, is presented as a test case, and its economy is described as 'adjusting' to the tighter settings. The piece weighs the costs and benefits as Australia debates steep reductions to its migration intake.
Why now: Australia is actively debating large cuts to migration, and Canada's experience offers a rare real-world comparison.
AustraliaCanadaPatrick ComminsThe Guardian
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Evidence
- Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer clues By Patrick Commins Annual population growth for the North American nation has slowed to just 0.5% – and the economy is ‘adjusting’ https://www. theguardian.com/australia-news… · guardianfeeds@rssfeed.media · 2
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