I'll go first. I don't know that we have an answer to that question. Canada right now is among the top two or three developed countries in the world in terms of the percentage of the population we allow in.
We know that in our society over the last 30 years or so there has been a very sharp and marked decline in the labour market outcomes for new immigrants who are arriving. We've seen a decline.
It's very difficult to say a number, especially given how we allocate that number across various classes. If you were talking about increasing the percentage of skilled worker principal applicants, that's a very different thing than talking about parents and grandparents. I think we want to be very cautious.
I also believe that we don't necessarily want to have an annual limit. I'm one of those people who believe that we should have a total number over the course of a business cycle and that we should adjust our limits with the business cycle to allow economic integration. We know that economic integration is more successful when people land—and that people will stay in Canada, rather than returning or going to some third country—at the peak of a cycle versus during a recession.
I don't think this is a simple question, and I don't think we know the answer with any real certainty. Thank you.