Nigerians, other immigrants flee Canada as one month’s rent hit N2m

LEGIT

A new study has revealed that immigrants in Canada are leaving in droves amid rising costs of living. This was revealed in a new study released by the Institute for Canadian Citizenship and the Conference Board of Canada on Tuesday, 1st November 2023. 

According to the study, the rate of immigrants leaving the country has steadily increased since the 1980s. 

Bloomberg reports that this poses a risk to Canada, which depends on immigration to fuel economic and population expansion. 

One of the reasons captured immigrants are leaving, according to the study, is that many believe Canada is not living up to their expectations. 

The study also captured problems like underemployment, a stressed healthcare system, and declining housing affordability as reasons for immigrants looking to find a new home. 

Legit.ng, in a previous report, revealed how Nigerians who relocated to Canada in search of a better life are finding it more difficult than they expected. For instance, the average rent for a one-bedroom apartment in Canada has surged to CA$2755(approximately 2.1 million) per month.