Business Brief: Canada’s great population adjustment

News Snapshot:

Good morning. A monumental economic issue in Canada that has been overshadowed by the trade war is the reshaping of Canada’s immigration system. After an influx of temporary residents flooded labour markets and sent rents soaring, cuts to immigration rates are taking effect. In fact, Canada’s population is now growing at the slowest pace in a decade, outside of the COVID-19 pandemic. More on that below. But first, today’s headlines: In the news Energy: Saskatchewan is extending the life of its coal-fired power plants, saying Ottawa has no jurisdiction to stop it. Rates: The Federal Reserve held interest rates steady...