Perhaps I'm neurotic, and worry too much. If population declines we get in the situation of Japan with deflation and a powerless central bank with extravagant fiscal policy. Can't end well.
If worldwide population continues to grow, eventually Malthus wins. I still think there's room in Canada.
If population stays static we get the same problems as a decline, just less so. I also feel it's more sustainable but will require politicians to redo our growth at any cost policies.
http://www.statcan.gc.ca/daily-quotidie ... 8a-eng.htm
Canada led the G7 in population growth from 2011 to 2016, rising on average 1.0% per year, a ranking also recorded over the two previous intercensal periods (2001 to 2006 and 2006 to 2011).
Chart 1: Average annual population growth rate among G20 and G7 countries, 2011 to 2016¹
As in Canada, migratory increase is the key driver of population growth in other G7 countries, such as the United Kingdom, Germany and Italy. In addition, three G7 countries—Germany, Italy and Japan—have recorded more deaths than births in recent years, meaning that the population growth in these countries depended entirely on migratory increase.
Canada's average annual population growth rate of 1.0% from 2011 to 2016 was the eighth highest among G20 countries, behind Saudi Arabia, Turkey, South Africa, Australia, Mexico, Indonesia and India.