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Most Canadians See Immigration Increase as Negative for Housing Costs

Most Canadians view Prime Minister Justin Trudeau’s plan to raise immigration targets as adversely affecting the cost of housing, signaling a shift in public attitudes in the typically newcomer-friendly country.

Polling by Nanos Research Group for Bloomberg News shows about two out of three respondents believe increasing the annual target for permanent residents to half a million by 2025 will have a negative impact on the cost of housing. Only one in five believe it will have a positive impact.

The survey suggests Canadians’ opinions are changing at a time when Trudeau’s government is being criticized for exacerbating housing shortages by boosting the number of immigrants. Concerns about inflation and the rising cost of housing have been increasing over the last year, said Nik Nanos, chief data scientist and founder of Nanos Research Group.

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