Immigrant families more likely to own home than add to pension plan, StatsCan says | CBC News
The
data agency released an analysis of numbers from 1999 to the 2016
census, comparing immigrant families with those born in Canada and
looking at various aspects of their financial lives.
data agency released an analysis of numbers from 1999 to the 2016
census, comparing immigrant families with those born in Canada and
looking at various aspects of their financial lives.
The average wealth of established immigrant families — those whose
major income earner was aged 45 to 64 and landed in Canada at
least 20 years earlier — grew from $625,000 in 1999 to $1.06 million
in 2016, an increase of $435,000, or more than 69 per cent.