Canada may be entering recession. How would this affect immigration?

[cryptic0]

Statistics Canada is reporting that the GDP has decreased. There are two important facts here.

1. Oil and gas sector is in slump -- as evident from the low gas prices at the pump -- shrinking economy in these areas
2. Other sectors have actually seen growth.

Just wanted to bring this up since it will likely have ramifications towards the immigration policy in future.

Original report:
http://www.theglobeandmail.com/report-on-business/economy/growth/canadas-economy/article26172722/?click=sf_globefb

 

[taffarel]

Statistics Canada is reporting that the GDP has decreased. There are two important facts here.

1. Oil and gas sector is in slump -- as evident from the low gas prices at the pump -- shrinking economy in these areas
2. Other sectors have actually seen growth.

Just wanted to bring this up since it will likely have ramifications towards the immigration policy in future.

Original report:
http://www.theglobeandmail.com/report-on-business/economy/growth/canadas-economy/article26172722/?click=sf_globefb

my opinion is that economic predictions are more or less like weather prediction ...

 

[qx43]

It depends, some people are claiming the outlook is more positive, see here:
www_bbc.com/news/business-34116189
(change first _ to .)

If the economy does deteriorate then I would imagine that will be bad for economic immigration.