Geoffrey Cameron and Ian Goldin argue for more immigration.
Geoffrey Cameron and Ian Goldin argue for more immigration.
We should also increase levels of migration because it can deliver far more for global prosperity than foreign aid and international trade ever will. Completely opening borders, World Bank economists predict, would produce gains as high as $39-trillion for the world economy over 25 years. These numbers compare with the $70-billion that is currently spent every year in overseas development assistance and the estimated gains of $100-billion from fully liberalizing international trade. If we want to revolutionize our foreign aid policy, we can start by giving more people a chance to work in Canada.
The debate on immigration policy is undermined in many countries by partisan agendas and dysfunctional politics. Other governments are tempted to choke off migration in the interest of short-term expediency and political gain. We must resist this trend, remembering that Canada is a society built with the ingenuity and hard work of generations of migrants.