Canada’s “brain drain” is accelerating. From 1982 to 2019, 20% of immigrants have already left. Over a third of them leave within five years, causing serious concerns about the nation’s future workforce.
The hardest hit are economic migrants—48% of those leaving were specifically targeted for their skills. Canada’s investment in training these individuals, often in the billions, is now walking out the door, fueling an economic loss.
Global competition for talent is rising, and Canada’s high taxes and living costs are increasingly unattractive. The fallout isn’t just economic; it’s impacting the rental market too, explaining rising vacancies despite population growth.
The real question is whether Canada can address these issues before its skilled workers are gone for good. Without solutions, the outflow of talent will continue to deepen, affecting everything from economic growth to housing.
🇨🇦 Brain Drain
1 in 5 Immigrants Flee, Taking Skills and Billions With Them.
1 in 5 Immigrants Leave: 20% of immigrants from 1982-2019 have already left 🇨🇦.
Rapid Exodus: Over a third leave within their first five years in the country.
Highly Skilled Hit Hardest: 48% of… pic.twitter.com/Spr9PcaF3e
— Shazi (@ShaziGoalie) November 25, 2024
Sources:
https://www.canadianinnovators.org/content/canadas-new-brain-drain-problem
https://www.theglobaleconomy.com/rankings/human_flight_brain_drain_index/
https://immigration.ca/canadas-brain-drain-figures-show-technology-graduate-exodus
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