The Financial Post reports in its Tuesday edition that National Bank of Canada economist released a report recently arguing that Canada is caught in a "population trap." The Post's Denise Paglinawan asks what exactly does that mean and how does a country get out of it? Stefane Marion, one of the economists who authored the report, described a population trap as something akin to a tool box not big enough to hold all the tools people need. He said, "If you invite three people into the country and you only have two hammers, the third person is lacking capital and can't be as productive." While Mr. Marion said he believes immigration is good for Canada's potential gross domestic product, and that he is not against immigration, he said "all good things have their limits." Canada's population increased by more than 1.2 million people in 2023, and the economists said any increase above 600,000 in one year could be considered "staggering." The report said Canada is currently lacking the infrastructure and capital stock to adequately absorb current population growth and improve standard of living. Mr. Marion said Canada needs to match its growth or population ambitions with growth ambitions on attracting foreign capital.