When you focus immigration policy on highly skilled migrants, which this policy is doing, you end up bringing more high paying jobs, so wages will increase. If

When you focus immigration policy on highly skilled migrants, which this policy is doing, you end up bringing more high paying jobs, so wages will increase. If the number of jobs were fixed, then yes, wages would decline, but second order agglomeration effects will increase the size of the pie. If you want some proof that I’m not just making that up, here’s a paper showing that highly skilled migrants end up raising wages for native workers: https://www.journals.uchicago.edu/doi/abs/10.1086/679061 https://www.journals.uchicago.edu/doi/abs/10.1086/679061 Agglomeration effects are very powerful and this seems to be what this Canadian policy is trying to harness