Canada Reaches 40 Million Population Milestone
Canada Reaches 40 Million Population Milestone
Canada has reached a major milestone, with its population now standing at 40 million. This marks a significant moment in the country’s history, as the population has grown from just over 10 million in the 1950s.
The population growth has been driven by a combination of immigration and natural population growth. Canada has welcomed over 1 million immigrants since 2015, and the fertility rate has remained relatively stable over the last decade.
Impact of Population Growth
The population growth has had a positive impact on the economy, with more people creating more demand for goods and services. This has led to increased economic activity and job growth.
The population growth has also had an impact on the housing market, with more people needing more homes. This has led to increased demand for housing, which has pushed up prices in some areas.
Overall, the population growth has been a positive development for Canada, and the country is now well-positioned to continue to grow and prosper in the years ahead.
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