Facts about Canada

In 2024, Canada's economic growth is anticipated to be modest, with expectations for improvement by late in the year. The nation's strategy to avoid recession amidst global challenges is noteworthy, highlighting resilience in consumer spending and job market strengths despite high household debt and rising interest rates. The Canadian government is set to welcome an unprecedented number of new permanent residents, aiming for 485,000 in 2024, with increased targets for Express Entry and Provincial Nominee Programs.