Canada's Newly Elected Prime Minister Carrie Introduces New Policies
The Carrie Government Announces Three New Policies
1. A plan to control the proportion of international students and temporary foreign workers in the country's total population within 5% by 2027, far below the current 7.3%. Carrie pointed out that this measure is aimed at alleviating housing pressure and easing the strain on public service systems. He emphasized: "We will still welcome the best talents from around the world to join Canada, but it must be done sustainably."
2. Major Moves in Housing Policy: In response to the problem of insufficient housing supply, the federal government will invest 25 billion Canadian dollars to directly fund private developers to accelerate housing construction.
New homes priced between 1 million and 1.5 million Canadian dollars will enjoy a Goods and Services Tax (GST) reduction policy, with first-time buyers potentially saving up to 50,000 Canadian dollars. For multi-unit residential projects, the government will also reduce development fees, which is expected to lower costs by approximately 40,000 Canadian dollars.
3. Economic Reform Initiated: Federal trade barriers to be eliminated by July. Carrie also announced that current federal trade barriers will be abolished by July 1st to activate domestic economic potential. He stated that the government will work with provinces, territories, and indigenous communities to advance a series of nationally significant infrastructure projects. "The federal government will be a promoter, not an obstacle holding back progress."
At the same time, Canadians are welcomed and encouraged to return home to participate in the construction and development of the country.
What can other countries learn from Canada's new policies? Is there an opportunity for self-development?
Original Source: https://www.toutiao.com/article/1831151726836800/
Disclaimer: The article solely represents the author's personal views.