Close X
Saturday, November 30, 2024
ADVT 
National

Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

Darpan News Desk The Canadian Press, 12 Jan, 2024 10:59 AM
  • Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

A new report from the parliamentary budget officer finds the gap between the average incomes of new immigrants and all tax filers has narrowed significantly.

The report finds the median income of new immigrants was about 78 per cent of the median income made by all tax filers in 2018, compared with 55 per cent in 2014.

New immigrants include those who have been permanent residents for one year.

The PBO says the trends coinciding with this change include greater Canadian work experience, more immigration from South Asia and greater family connections in the country.

The report also finds new immigrants with professional jobs such as engineers and applied scientists made significant gains in particular.

The PBO estimates that if the income gap were to be completely eliminated, productivity growth in Canada could rise by as much as 0.21 percentage points.

 

MORE National ARTICLES

Pedestrian badly injured in Langley collision

Pedestrian badly injured in Langley collision
Langley Mounties are hoping someone can help identify a pedestrian badly injured in a collision on Monday. Police say a woman was walking at dusk on 268th Street at 26-A Avenue when she was hit by a pickup truck.  

Pedestrian badly injured in Langley collision

B.C. approves health research centre construction at new St. Paul's Hospital

B.C. approves health research centre construction at new St. Paul's Hospital
British Columbia's provincial government is going ahead with the construction of a $638-million "state-of-the-art" research centre at the new St. Paul's Hospital in Vancouver. Premier David Eby said at a news conference after touring the construction site at the new hospital on Thursday that the province has approved the business plan and funding for the new research facility.

B.C. approves health research centre construction at new St. Paul's Hospital

Guilty plea from Vancouver hit and run suspect

Guilty plea from Vancouver hit and run suspect
A man charged in a fatal hit and run in Vancouver last year has pleaded guilty to criminal negligence causing death. Eoghan Byrne was killed on July 19th, 2022 in the Kitsilano neighbourhood in a collision that was captured on surveillance video.  

Guilty plea from Vancouver hit and run suspect

Hundreds of foreign-trained doctors boosting B.C. family medicine: Dix

Hundreds of foreign-trained doctors boosting B.C. family medicine: Dix
British Columbia Health Minister Adrian Dix says almost all of the 666 international medical graduates registered in the province this year are now working as doctors, with more than half in family medicine. Dix's comments come amid ongoing health-care woes including hospital overcrowding and many residents being left without a family doctor.

Hundreds of foreign-trained doctors boosting B.C. family medicine: Dix

Woman, 72, uses shovel to chase naked intruder from her Vancouver home, police say

Woman, 72, uses shovel to chase naked intruder from her Vancouver home, police say
Police say a 72-year-old woman used a shovel to chase a combative and naked man from her Vancouver home on Tuesday night. Vancouver police say in a statement the man entered the home by smashing a window with a pointed metal rod.

Woman, 72, uses shovel to chase naked intruder from her Vancouver home, police say

73-year-old man faces multiple charges after vehicle crashes through dollar store

73-year-old man faces multiple charges after vehicle crashes through dollar store
Mounties in Creston says a 73-year-old man faces multiple charges, including impaired driving, after a vehicle crashed through a dollar store on Monday morning. Police say damage to the store was significant after the vehicle drove through the front window of the Your Dollar Store with More. 

73-year-old man faces multiple charges after vehicle crashes through dollar store