Budget 2026 to include update on immigration levels, sources say

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Source: Global News Politics
Date: 2026-11-03 16:36:22.0
Tags: [National, Immigration, Finance, Economy, Housing]

Budget 2026 will include the federal government's annual immigration levels update, marking the second consecutive year the update has been incorporated directly into the federal budget document. Finance Minister Francois-Philippe Champagne and Prime Minister Mark Carney have signaled a shift toward sustainable population growth, targeting a permanent resident baseline of 380,000 annually alongside two one-time programs granting permanent status to 140,000 temporary residents through 2026 and 2027. The broader policy aims to reduce the non-permanent resident population from its estimated 6.7 percent level down to 5 percent of Canada's total population. Despite statutory requirements under the Immigration and Refugees Protection Act to table the report by November 1, the update will be published late in conjunction with the budget release on Thursday.