Indian people like to live, work and study abroad. Every year lac of applications to go abroad, but especially Indians prefer to go to Canada and America compared to other countries, most of the Indians go to Canada to work and study. Secondly, Canada is also the first choice of all the Punjabi people of India. And you can estimate the number of Indian people in Canada from the fact that according to Canada's government data agency, every fourth person in more than 12 cities of Canada is Indian. In 2022, the Government of Canada had given visas to 4,31,645 immigrants as permanent residents. Out of which 1,27,933 people who took citizenship are Indians. Apart from this, 13 members in the Parliament of Canada are also Indians. Now Canada is the first choice for Indian people because Canada is the second largest country in the world and is ranked among the 10 largest economies in the world. He is also a member of groups like G7. So apart from being a developed economy, the unemployment rate here is also very low, due to which every Indian prefers to go to Canada in search of employment, because for some time it has been seen that the people of Canada The circumstances were there earlier, they have changed now! In fact, Canada's economy is gradually shrinking and the prices of everything are skyrocketing. The cost of living in Canada is the highest compared to developed countries in the world! This means that Canada, whose economy was always running at a fast pace, is currently sinking into economic recession. Due to which the number of jobs in this country has reduced. And according to the IMF report, last year in 2022, more than 30 thousand people in Canada lost their jobs. Whereas in 2023, no growth was seen in the Canadian economy. So the question here is, how has Canada's economic condition become so bad? And is Canada's economy really going to collapse? So in today's video we will learn in detail why Canada's economy is going to be ruined? Why has it become so expensive to live in Canada? Why is Canada slipping into recession? What are the different reasons for this? You will get to know all that and much more in this video, so stay with us till the end of the video.