In this episode, we talk about the Canadian government's plan to reduce the number of temporary foreign workers and students in Canada, and the impact that will have on the housing shortage. We also discuss the impact this could have on our health care system and the need for more doctors and nurses.
00:00:06.000Yeah, so they're looking at reducing the temporary residents in Canada to a little under 5% over the next couple of years.
00:00:16.080Their intention is essentially to alleviate some of the housing crisis or the housing shortage that we're having or that we're seeing, reducing the reliance on health care.
00:00:27.880and so what you know this problem started back in the 2020 year when they let all of the foreign
00:00:39.020workers and students come on in and now they're essentially trying to kind of push back on that
00:00:44.980and reduce those those numbers as far as the the students go they're expecting to reduce the
00:00:53.640students by approximately 49 to 50 percent of what we currently have today so we used to let in or
00:01:02.040we now have about 330 something international students now they're looking at bringing those
00:01:08.520students down to about 155,000 between 2026 and 2028.