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Immigration and the Canadian Economy

Immigrants make up a considerable proportion of the Canadian population. At the time of the 1991 Census, there were 4.3 million immigrants living in Canada, which is 16% of the total Canadian population. (See Graph 1, Immigrants as a Percentage of Canada's Population, 1901-1996) Over the past decades the level of immigration in Canada has increased from an average of 137 000 immigrants arriving in Canada in the 1960s to an average of about 200 000 in 1998. (See Table1, Annual Immigration Plan 1998) The largest share of immigrants admitted into Canada are in the economic class, in 1994, close to half of the new immigrants coming to Canada were economic class immigrants. Immigration is needed to maintain the Canadian population; "Canada will be an aging society with such a low birth rate that it will soon be unable to sustain its population without sustained immigration." Immigrants are a source of labour to the Canadian economy; immigrants are as likely as people born in Canada to be employed, and many are skilled workers that the Canadian economy is in need of. Business class, investor and entrepreneur immigrant help to provide job opportunities in the economy, and also genera


Investor immigrants not only bring in new investments into the Canadian, but also more job opportunities for Canadians. (See Table 3, Projected Immigration Arrivals, 1997) Besides investor immigrants, entrepreneur immigrants also help to create more jobs for Canadians. Under the Canadian immigration law, an entrepreneur applicant must intend to create business that will create at least one job opportunity for a Canadian citizen or permanent resident of Canada other than the applicant and his or her dependent. It is discovered that immigrants with jobs are more likely to be self-employed than Canadian-born workers. In 1991, 16% of employed immigrant men were self-employed, yet only 12% of employed Canadian-born men were self-employed. As for employed immigrant women, 8% owned their own business, compared to 6% for Canadian-born women. (See Table 4, Comparison of Employment between Immigrant and Canadian-Born Workers) Another thing to note is that the incomes of immigrants living in Canada are higher than the incomes of people born in Canada. In 1990, immigrants had an average income from all sources of $25 300, while Canadian-born people had only an average income from all sources of $23 700. With the immigrants receiving the higher income, it is only right to say that immigrants pay more income tax to the government of Canada.

2. have a net worth equal to or greater than a minimum of $500 000 (or $700 000 where the investment is subject to a guarantee); and

te more economic activities and income for the Canadian economy. "Analysis of data from the household/family file of the 1981 Canadian Census of Population reveals that, regardless of origin, immigrants benefit the Canadian-born population through the public treasury." Immigrants are an aid to the Canadian economy as a result of its ability to sustain the aging population, to provide labour, and job opportunities.



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Approximate Word count = 1444
Approximate Pages = 6 (250 words per page double spaced)


  

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