Indian, Middle Eastern mass immigration suppressing wages: report
A new Bank of Canada report published earlier this month warns that the country’s economy has become increasingly reliant on low-wage, mass migration of temporary workers from India.
A new Bank of Canada report published earlier this month warns that the country’s economy has become increasingly reliant on low-wage, mass migration of temporary workers from India and the Middle East.
The paper, published by the Bank’s Economic Analysis Department, found that the share of Canadian-born workers in the labour force has fallen from 77.6 per cent in 2006 to just 68.1 per cent in 2024, a nearly 10 percentage point drop.
