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Canada's Immigration Strategy
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Why is RBC Calling for a Reset of Canada’s Immigration Strategy in 2026?

A new Royal Bank of Canada report argues that Canada’s immigration system has lost its competitive edge since 2022 due to volatile policy changes and shifting public sentiment. RBC recommends stabilizing population growth near 1 percent annually, removing Express Entry’s category-based sub-draws, shifting regional labour-shortage targeting to the provinces, and rebuilding a two-step pipeline that...