The entire world is going through a major economic crisis due to the disruptions created by the coronavirus pandemic. The Great Lockdown has impacted economic activities and resulted in a global economic slowdown. As per the reports of the IMF, the global economy is estimated to contract by 3 percent this year, which will hit harder than the Great Depression of 2008-09. Also Read: Coronavirus: Everything you need to know about COVID 19 As a result, several countries are taking measures to protect their economies. The USA has put immigration on hold temporarily to protect the jobs of its citizens. However, Canada is adopting a different approach and is keen on welcoming new immigrants to help the economy recover.
Canada has announced that it will welcome more than one million new immigrants as per the Immigration Levels Plan for three years. Canada believes that newcomers will help to stimulate economic growth post-coronavirus.