Canada population curbs will be a drag for the loonie ...Middle East

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Canadian Prime Minister Justin Trudeau is fighting for his political life and yesterday he came as close as he ever has to admitting a mistake. His government dropped immigration targets for the next three years by around 20%.Next year's target will instead be 395,000 new permanent residents, and that will fall to 380,000 in 2026 and 365,000 in 2027.Much of those will be drawn from temporary workers and foreign students already in the country and as a result, the federal government estimates Canada's population will decline slightly by 0.2% in 2025 and 2026, before returning to growth of 0.8% in 2027.Now those numbers are far from written in stone and are subject to change (potentially dow

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