The federal government currently aims to add about 395,000 permanent residents in 2025, 380,000 in 2026 and 365,000 in 2027, which is a big drop from Ottawa’s 2024 target of about 485,000. Photo by Postmedia files

Canada should reduce its annual immigration targets and focus on fixing a system that has continued to “move in the wrong direction,” says think tank C.D. Howe Institute .

The federal government currently aims to add about 395,000 permanent residents in 2025, 380,000 in 2026 and 365,000 in 2027, which is a big drop from Ottawa’s 2024 target of about 485,000.

But C.D. Howe’s Immigration Targets Council wants the cuts to go deeper, recommending targets of 365,000 newcomers in 2026, 360,000 in 2027 and 350,000 in 2028.

“This number is the median,” Parisa Mahboubi, a senior

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