Due to Canada’s small population and aging workforce, a new Conference Board of Canada report predicts that eliminating immigration would have a negative impact on the Canadian economy by 2040.

“Immigration contributes to the economy in several ways,” explained Kareem El-Assal, senior research associate with the Conference Board. “They are going to contribute to our labour force, but they’re also going to contribute in terms of economic activity.”

Due to Canada’s small population and aging workforce, a new Conference Board of Canada report predicts that eliminating immigration would have a negative impact on the Canadian economy by 2040.

“Immigration contributes to the economy in several ways,” explained Kareem El-Assal, senior research associate with the Conference Board. “They are going to contribute to our labour force, but they’re also going to contribute in terms of economic activity.”