Published 1 month ago • loading... • Updated 29 days ago

P.E.I.'s immigration cuts affecting sales and staffing levels at some Island businesses

Summary by CBC News

A reduction in the number of permanent residency nominations are already having a major impact, say some Island business owners and workers.

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Immigration cuts to cost governments billions in tax revenue: watchdog

The federal government’s plan to massively reduce the number of immigrants entering Canada over the next three years will result in a 1.7 per cent drop in the country’s gross domestic product, according to Ottawa’s fiscal watchdog.

1 month ago·Saint John, Canada

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P.E.I.'s immigration cuts affecting sales and staffing levels at some Island businesses #Canadian #CDNNews #Canada #CanadaEconomy

At House of Spice, an Indian restaurant in Summerside, sales are down $20,000 to $30,000 per month since last year, said owner Harneet Brar. She said that’s largely because the P.E.I. government decided in early 2024 to drastically reduce the number of foreign workers it nominates for permanent residency. “Last year in February and March, we were busy. Very busy. We had lots of Indian customers and other foreign nationals too, along with the lo…

29 days ago

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