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Skilled Migrants in Canada Highest Earners
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According to a new study named Immigrant Earnings Differences Across Admission Categories and Landing Cohorts, Canadian independent skilled immigrants had "consistently and substantially" the highest earnings of four categories of immigrants.
The study which has been released by Queen's University, examined the annual earning data for all immigrants that arrived in Canada in three different time periods - 1982, 1988 and 1994.
By comparing the annual earnings of four different immigrant categories, including independent skilled migrants, economic migrants, family class migrants and refugees, the researchers were able to quantify just how much skills matter.
"The ten-year average of median earnings levels of skill-assessed economic immigrants exceeded the average median earnings levels for all immigrants by 30-37 percent across the 'three periods studied' for men and by 39-56 percent for women," quoted the study.
Refugees and family class immigrants who came to join family already in Canada had the lowest earning levels.
Although independent skilled migrants had the highest overall salary rates, they still had the lowest growth rate over the first decade after coming to Canada.
The study also showed that immigrants who landed in Canada during the 1988 study period generally had the lowest median earnings growth rate of the three study periods due to the economic downturn in the early 1990s. The highest growth rate was in the 1994 study period, which experienced no economic downturn during the ten years.
According to the researchers, Canada should continue to focus on skilled migration. They also hope their study will influence future Canadian immigration policy.
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