High immigration is not going to do much for the GDP. If they want to actually improve the GDP number, they should seriously consider basic income.
Immigration is only going to strain housing prices more where they are already high and possibly displace and alienate the people who are already here in wage poverty. I get that they are trying to keep the real estate bubble rising/not falling for economic reasons but, increasing immigration is not what we need even more of now.
Boomers retiring does not mean that they can replace some of those good taxpaying jobs with immigrants that would be more motivated than canadians to do them.. if these jobs still exist. Many of these jobs companies are too lazy to train for or demand some specialized technical skill that is not so common. Really, companies are just fishing in the crowded labour pool.
But, with basic income, we could get lots of people back into the labour force, and begin repairing this severely anemic economy which is lacking jobs primarily because so little spending power/ wage bargaining power of those that are working in the economy now.
