A professor at Memorial University says the United States immigration ban presents a golden opportunity for the province.
Dr. Tony Fang, says there are many benefits to increasing the number of immigrants in the province. Newfoundland and Labrador’s immigrants make up 1.8 per cent of the population, while Canada’s as a whole is 20 per cent.
According to his research, a 10 per cent increase in immigration results in a two per cent increase in international trade. As well, adding 100,000 more immigrants per year would boost Canada’s GDP by 2.3 per cent over 10 years.
Fang says immigration is the future of economic, social and cultural prosperity in Newfoundland and Labrador.
He says immigrants pay taxes right away and are often highly skilled to fill labour shortages. Fang says the province is facing challenges with out-migration and an aging population.
Fang’s research suggests increasing the number of immigrants is not only a sign of compassion, but could also hold the key to the future prosperity of the province.
Immigration Important for Economic Growth: Neil
A master’s student at Memorial University who is studying the effects of immigration says her research dispels many of the myths and fears surrounding the social and economic impacts of newcomers.
Kerri Neil says the notion that immigrants take local jobs from others is simply not true.
She says Canada has a highly selective immigration system and immigrants often fill highly skilled roles that are important for economic growth.
Neil says many immigrants are actually entrepreneurs, so they often create jobs for others.
She says the Conference Board of Canada recently studied the impact of immigration on economic growth, and found that if immigration was halted, the economy would suffer.