Canada will fail to hit immigration targets for a second straight year as border restrictions remain in place, according to one of the nation’s top banks.
The country will probably welcome closer to 275,000 new permanent residents this year, versus a target of 401,000, Royal Bank of Canada economist Andrew Agopsowicz said in a report Tuesday. Last year, Canadian immigration dropped by almost half to 184,370, its lowest levels in more than two decades.
