Immigrants Wage Gap Doubles In Canada

[Economy 52,854]

https://www.google.ca/amp/s/ca.finance.yahoo.com/amphtml/news/underpaid-immigrants-could-cost-canadian-economy-50-billion-190434665.html

 

Canada which has the highest percentage of immigrant population of G7 Nations and Top 20 economies in the world has done a rather poor job integrating talent

 

30 years ago the wage gap of immigrants was only 4% lower than Canadian born while it has now more than doubled to 10% despite the fact that a large percentage of immigrants accepted have university degrees

 

By 2036 it is projected that 1 in 3 people in Canada will be 1st generation immigrants meaning they were born outside the Country

 

with 1st generation Immigrants expected to make up 1/3 of population in just 16 years the wage gap posts an economic challange

 

the current 310,000 annual immigrants quota is due to rise to 350,000 next year

 

Trudeau has proposed a 400,000 a year quota to add 1% of population annually however given it has not been passed in parliament, current population projections assume the cap will remain at 350,000 for the foreseeable future