Jason Jacques (Interim Parliamentary Budget Officer, Office of the Parliamentary Budget Officer) at the Citizenship and Immigration Committee

Thanks for inviting us.

I'm here with Caroline Nicol. She's our expert in demography and immigration in the office.

In January 2025, we published “Impact assessment of the 2025-2027 Immigration Level Plan”. We estimate that the government's “new immigration targets [will] reduce nominal GDP” by about $37 billion “on average over the next three years.”

We would be pleased to respond to any questions you may have regarding our analysis of the 2025-27 immigration level plan or other PBO work.

Thank you, Madam Chair.