Tuesday, August 20, 2019

BENEFITS & HEAVY COSTS OF IMMIGRANTS

When we combined our estimates of taxes paid and benefits received we found that the average recent immigrant in Canada imposes a fiscal burden of $5,300 annually.

According to government statistics, in 2010 the number of recent immigrants (since 1985) was about 3.7 million. Multiplying this number by $5,300 brings the estimated fiscal burden that year to $20 billion. Since then the stock of immigrants has increased by 250,000 a year and raised the annual fiscal burden in 2018 to over $30 billion.

Canada needs a full discussion of its immigration policy that considers both its benefits, which are discussed by politicians and the media all the time, but also its very real costs, which involve not just the fiscal burden but also traffic congestion, overcrowding of hospitals, schools and recreational facilities, deteriorating environment and lack of affordable housing, which governments cannot address in part because of the fiscal burden. A lot of roads, affordable housing and cleaner environment could be purchased with that $30 billion.

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