Economics
As Immigrants Pour In, Wages Stagnate in Surging Canadian Economy
- Employers are filling jobs quickly but pay increases are tiny
- This is opposite of U.S., where immigration has slowed sharply
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For those debating if the way to fill millions of job openings in the U.S. is to open the doors again to immigrants, a glance north of the border is illuminating.
Canada, unlike the U.S., quickly started welcoming foreign workers and students again after a brief pandemic halt in what is part of a years-old, pro-immigration policy that’s provided its economy with a much more work-ready labor force.