The Big Reset highlights N.L. immigration challenge
Posted on July 01, 2021 | Atlantic Business Magazine | 0 Comments
Newfoundland and Labrador’s five-year retention rate for new immigrants stands at just 51 per cent, according to the latest available data. Having so many newcomers leaving within five years was of course mentioned in “The Big Reset”—the report from Dame Moya Greene and her team, offering economic recovery advice to the province’s Liberal government.
“While immigration numbers and the number of international students have increased [in Newfoundland and Labrador], retention rates declined between 2017 and 2019 for one-year, three-year and five-year retention,” the report notes, with the team explicitly making the obvious statement that immigrant retention rates must be improved.
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