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Canada is experiencing record emigration levels, with net emigration reaching 65,372 in 2024-25—the highest in 50 years—driven primarily by young, highly educated professionals seeking better financial opportunities and jobs abroad, particularly in the United States. Nearly 70 percent of Canadian emigrants hold university degrees, with two-thirds aged 20-44, and a survey found 64 percent of current graduate students plan to move abroad after completing their degrees. While it remains unclear whether this represents permanent brain drain or temporary departure followed by return with enhanced skills, policymakers are increasingly concerned about the economic implications of losing top talent.
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