Close X
Saturday, September 21, 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

Hamas hostage deal 'progress' but long-term peace needs 'many more steps': Trudeau

Hamas hostage deal 'progress' but long-term peace needs 'many more steps': Trudeau
Prime Minister Justin Trudeau is still rejecting demands for Canada to call for a full ceasefire in the Israel-Hamas war, but he says a deal to temporarily halt hostilities this week so Hamas can release hostages represents progress. Trudeau says the world needs a lasting peace in the region, including a two-state solution.  

Hamas hostage deal 'progress' but long-term peace needs 'many more steps': Trudeau

Richmond man faces multiple charges in $10M cryptocurrency home invasion theft

Richmond man faces multiple charges in $10M cryptocurrency home invasion theft
Richmond RCMP say the "lengthy and complex investigation" began after thieves impersonating police officers broke into a home and tied up a middle-aged couple, assaulting them and confining them for hours. Mounties say the armed suspects made off with $10 million in unspecified cryptocurrency and luxury goods, leaving the "badly shaken up" victims with non-life-threatening injuries.

Richmond man faces multiple charges in $10M cryptocurrency home invasion theft

B.C. energy minister's dropped memo ends up in hands of Opposition BC United

B.C. energy minister's dropped memo ends up in hands of Opposition BC United
Energy Minister Josie Osborne admitted she is the author of the memo which the BC United party says shows the New Democrat government "panicking" about growing opposition to the provincial carbon tax. Osborne says the memo is a copy of notes she made Wednesday about possible ideas for the government's February budget following discussions she had with an adviser who she refuses to name.  

B.C. energy minister's dropped memo ends up in hands of Opposition BC United

B.C. Director of Civil Forfeiture claims 10 properties owned by alleged drug dealer

B.C. Director of Civil Forfeiture claims 10 properties owned by alleged drug dealer
The B.C. government wants 10 properties in Prince George forfeited for their alleged use in a years-long drug trafficking operation. The province's Director of Civil Forfeiture claims in a lawsuit filed in B.C. Supreme Court that properties owned by Daniel Prediger should be handed over to the government because of their use in "unlawful activity." 

B.C. Director of Civil Forfeiture claims 10 properties owned by alleged drug dealer

Surrey business targeted in shooting

Surrey business targeted in shooting
Mounties in Surrey say a store was hit by gunfire on Thursday, the second time this week within the same business complex on 81st Ave and 128 Street. Police say officers found evidence of a shooting, but no one was injured and the business was closed at that time.

Surrey business targeted in shooting

Mayor says release of child sex offender Brian Abrosimo in Surrey is 'outrageous'

Mayor says release of child sex offender Brian Abrosimo in Surrey is 'outrageous'
Surrey’s mayor says it’s "outrageous" that a sex offender who abducted and assaulted an 11-year-old girl in 2004 has been released in the city, which she says has more children per capita than anywhere in British Columbia. Surrey RCMP issued a public warning about Brian Abrosimo, 61, who they say is at high risk to reoffend after his release from prison on Thursday.

Mayor says release of child sex offender Brian Abrosimo in Surrey is 'outrageous'