Canada Must See Immigration as a Competitive Edge

Gordon Nixon argues diversity, together with inclusion, plays a central role in driving productivity, innovation and growth.

By Gordon Nixon, The Globe and Mail

Gordon Nixon is chief executive officer of Royal Bank of Canada and chair of the Toronto Region Immigrant Employment Council.

Diversity and immigration are important parts of Canada’s past, present and future.

Canadians have built a prosperous and civil society, one rich in opportunity, that people of many different cultures call home. Our economic strength is derived from the combination of what we all have in common and what makes each of us different.

Canada welcomes almost a quarter of a million permanent immigrants each year – one of the highest rates of all developed countries. It is projected that 28 per cent of Canadians will be foreign-born by 2031 up from 20 per cent today. Canada must remain a destination of choice for skilled immigrants – entrepreneurs, professionals, scientists. Talent is more mobile and potential immigrants have more choices than ever before, with predictions of skills shortages for many developed economies. Simply opening our doors is not enough.

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