Skip to content
Back to Guavy Wire
Forex

Canada's Shift to Open Borders Backfires as Economy Slows

Instruments
CAD
Share

Canada's immigration policies have shifted from being selective and focused on recruiting top talent to an open-border approach, resulting in a significant increase in migrants.

In just over a decade, Canada added migrants equivalent to 16.9% of its 2015 population, far outpacing the United States' addition of 4.9%. However, this surge has not led to economic growth; instead, it has accompanied a slowdown and made living standards worse for ordinary Canadians.

Canada's GDP per capita is dismal compared to its competitors, ranking last in projected GDP per capita according to the OECD. The country was once neck and neck with the United States but now lags behind countries like Hong Kong.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc