Immigrant income gap is widening, states a new report
Immigrant income gap is widening, states a new report
By Fabian Dawson
New Canadian Media
The widening income gap between newcomers and all other Canadians shows that the country needs to do more to leverage the depth of immigrants’ talent and skills, states a new study by the Century Initiative.
Unveiled on the eve of the 2022 Federal Budget, the report said that the median income for immigrants in 2018, five years after arrival, was $29,800, while the median income for all Canadians was $37,100. The $7,300 gap represents a $300 increase compared to the previous three years.
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