The Missing Middle Podcast From 40 to 100 million: How will immigration impact Canadian wages?
In this episode of the missing Middle podcast conservative pundit Sabrina Maddeaux and economist Mike Moffatt discuss the current state of immigration in Canada. Together they examine a Bank of Canada report that focuses on the implications of temporary foreign workers on wages. Mike and Sabrina talk about the challenges faced by new permanent residents, and the ambitious goals set by the Century Initiative for population growth. They explore how these factors intertwine with the housing crisis and the overall economic landscape, emphasizing the need for coherent immigration policies that align with infrastructure and social cohesion.
Chapters
00:00 Introduction
00:52 Bank of Canada report on wages and immigration
02:49 The mix of newcomers is different
05:33 New immigrants earn less and country of origin impacts wages
07:21 This is only becoming more pronounced
09:11 The wage gap is shrinking for Permanent Residence
10:08 But it’s a good news, bad news story
11:00 The role of wage suppression
13:56 How does this impact social cohesion
15:25 The Century Initiative and population growth goals
Research:
The Shift in Canadian Immigration Composition and its Effect on Wages
Canada's population needs to be 100 million by 2100
The 'Century Initiative' is the talk of the campaign, but what is it?
You Can't Grow a Country Just On Temporary Immigration
Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux
Produced by Meredith Martin
This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.