Minorities

The Wealth of Immigrant Families in Canada

This study documents the evolution of the wealth of immigrant families and of their Canadian-born counterparts from 1999 to 2016. The study uses data from Statistics Canada’s Survey of Financial Security. The study finds that increases in housing equity and in the value of registered pension plan (RPP) assets were the main drivers of wealth growth from 1999 to 2016. However, the relative importance of increases in housing equity was greater for immigrant families than for Canadian-born families. This reflects the fact that compared with Canadian-born families, immigrant families generally hold a greater share of their wealth in housing but a smaller share in RPP assets. While the increases in home prices observed since the late 1990s drove much of the growth in housing equity, the lower rates of return on financial assets observed after 1999 were a key factor underlying the growth in the net present value of RPP assets.

Door opens to Chatham-Kent’s agricultural workers

Oct 19, 2021 - There has been broad praise for changes to Canada’s immigration policy announced earlier this year that provide a path to permanent residency for temporary foreign workers – including agricultural workers.

In Chatham-Kent, workers the Caribbean, Latin America and other countries are essential to agriculture. Without their efforts, the great diversity of agriculture in the municipality would not be possible.

Joe Sbrocchi, general manager of the Ontario Greenhouse Vegetable Growers, said farm organizations have supported the idea for some time.

Government of Canada highlights support for approximately 1,300 projects under the Supporting Black Canadian Communities Initiative

August 4, 2021 - Toronto, Ontario - Employment and Social Development Canada

The Honourable Ahmed Hussen, Minister of Families, Children and Social Development, highlighted federal investments of up to $96 million through the Supporting Black Canadian Communities Initiative.