If we allow more people in we could go from about 3% to about 5% of all immigrants in Canada, which would be a sizeable increase in the immigrant investors. But that would represent 1,500 families. We would benefit from 1,500 families spread out over all ten provinces. Granted, more of them would go to B.C., Ontario, and Quebec, which are the three main landing provinces. We're not talking about 150,000; we're talking about 1,500 families. They're all wealthy individuals who buy houses in the posher neighbourhoods and send their kids to private schools. The only counterpart to that is integration, and integration of 1,500 families could be improved right now with the current levels. But I don't think the marginal cost of this would be sizeable. We would benefit much more from having more than less.
On April 22nd, 2010. See this statement in context.