Why is immigration important for NL?
Newfoundland and Labrador is facing significant demographic challenges. We have Canada’s most rapidly-aging population and the country’s lowest birth rate. In fact, it’s projected that by 2025 there will be a 10 percent decline in our working-age population; This represents 35,000 fewer people in the labour market. Among other things this drastic decrease could lead to reduced tax revenues which may lead to reduced resources for our communities. Immigration is one important way the province can help address these challenges.
In 2017 the Government of Newfoundland and Labrador launched The Way Forward On Immigration in Newfoundland and Labrador, the province’s collaborative, partnership-driven immigration action plan and road map to increasing immigration to the province. It outlines actions that attract and retain newcomers. Welcome NL is an important piece in the effort to encourage more immigrants to make Newfoundland and Labrador home.