Business & Finance
Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer clues
The Guardian World
Sunday 04 October 2026, 14:00 UTC
By Patrick Commins
1 min read
Key Points
Annual population growth for the North American nation has slowed to just 0.5% – and the economy is ‘adjusting’Get our breaking news email, free app or daily news podcastWould slashing net overseas migration “trash the economy” or deliver the necessary population “reset” to restore Australia’s stagnant living standards?Labor and an ascendant One Nation have presented starkly different visions of what a migration program in the national interest looks like.
Annual population growth for the North American nation has slowed to just 0.5% – and the economy is ‘adjusting’
Would slashing net overseas migration “trash the economy” or deliver the necessary population “reset” to restore Australia’s stagnant living standards?
Labor and an ascendant One Nation have presented starkly different visions of what a migration program in the national interest looks like.
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Originally published by The Guardian World
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