Macroeconomic impacts of Canadian immigration : Results from a macro model

Gunderson, Morley Fang, Tony Dungan, Peter

Macroeconomic impacts of Canadian immigration : Results from a macro model Journal - British Journal of Industrial Relations 2013 - Journal article

British Journal of Industrial Relations, Vol. 51 no. 1 (Mar 2013), p. 174-195

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We use a macro-econometric forecasting model to simulate the impact on the Canadian economy of a hypothetical increase in immigration. Our simulations generally yield positive impacts on such factors as real gross domestic product (GDP) and GDP per capita, aggregate demand, investment, productivity, and government expenditures, taxes and especially net government balances, with essentially no impact on unemployment. This is generally buttressed by conclusions reached in the existing literature. Our analysis suggests that concern should be with respect to immigrants themselves, as they are having an increasingly difficult time assimilating into the Canadian labour market, and new immigrants are increasingly falling into poverty.

1467-8543


Canada
Immigration
Macroeconomics

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