Close X
Monday, December 2, 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

Calgary teen arrested in terrorism investigation to stay off social media sites

Calgary teen arrested in terrorism investigation to stay off social media sites
A 17-year-old Calgarian who was arrested as part of a national security investigation is to be prohibited from accessing social media and required to participate in an intervention plan that addresses ideological extremism.  The teen, who cannot be named under the Youth Criminal Justice Act, was arrested in June and was subject to a section of the Criminal Code that allows for a peace bond if there's fear the person may commit a terrorism offence.  

Calgary teen arrested in terrorism investigation to stay off social media sites

Province adopting new building and fire codes to speed up creation of homes

Province adopting new building and fire codes to speed up creation of homes
With a rush to build more housing across the province, the B-C government says it is adopting new building and fire codes for sustainability and creating homes faster.  The Ministry of Housing says the proposed changes to the building code will expand the use of mass timber in taller buildings, while helping to reduce carbon pollution.  

Province adopting new building and fire codes to speed up creation of homes

Pedestrian involved fatal collision in New Westminster

Pedestrian involved fatal collision in New Westminster
Police in New Westminster are investigating a fatal accident involving a pedestrian. It happened yesterday afternoon and police say the pedestrian died at the scene. Sergeant Andrew Leaver says driver stayed at the crash site.

Pedestrian involved fatal collision in New Westminster

Highway 97 in Prince George closed both ways due to a crash

Highway 97 in Prince George closed both ways due to a crash
Mounties in Prince George are warning drivers that Highway 97 through the Salmon Valley is closed in both directions because of a crash. Police say a five-ton truck and a pickup were involved in the collision around 12:45 this afternoon.   

Highway 97 in Prince George closed both ways due to a crash

Climate change battering municipal finances across Canada

Climate change battering municipal finances across Canada
The hamlet of Gore, Que., had the foresight to start preparing for more intense annual flooding due to climate change a decade ago. That's when the rural township 60 kilometres northwest of Montreal began quadrupling the size of its culverts to accommodate greater water flow under its roads.

Climate change battering municipal finances across Canada

Get your shots, Henry tells B.C., as flu rises in return of pre-pandemic patterns

Get your shots, Henry tells B.C., as flu rises in return of pre-pandemic patterns
Provincial Health Officer Dr. Bonnie Henry says she's seeing a drop in COVID-19 cases in British Columbia but influenza illnesses appear to be increasing, in line with pre-pandemic patterns. She says cases of H1N1 flu and respiratory syncytial virus are both rising, with youngsters testing positive for RSV in high numbers.

Get your shots, Henry tells B.C., as flu rises in return of pre-pandemic patterns