Although government spending tops list, people increasingly blame interest rate policies and businesses increasing their prices for the sharp rise in the cost of living – Two in three believe an increase in the annual target of immigrants will have a negative or somewhat negative impact on the cost of housing (Bloomberg/Nanos)

A majority of Canadians believe increasing the annual target of immigrants as permanent residents from 465,000 in 2023 to 500,000 by 2025 would have a negative (42%) or somewhat negative (26%) impact on the cost of housing. One in five believe it will have a positive (8%) or somewhat positive impact (12%), while seven per cent say it will have no impact.

Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,081 Canadians, 18 years of age or older, between July 30th to August 3rd, 2023 as part of an omnibus survey.

The margin of error for this survey is ±3.0 percentage points, 19 times out of 20.

This study was commissioned by Bloomberg News and the research was conducted by Nanos Research.

To read the full report, click here.