Immigrants with a Canadian Degree Earn More Than Other Immigrants: Study

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Samarpita Goswami
Updated on Feb 28, 2022 01:37 PM IST

According to a report released by Statistics Canada and IRCC in 2022, immigrants who obtained their education at Canadian institutions have a higher earnings potential after they enter the country than those who completed a foreign degree before moving to Canada.

Immigrants with a Canadian Degree Earn More Than Other Immigrants: Study

Graduates with experience studying in Canada earn significantly more in the first two years on a job than those who had a foreign degree when they arrived in Canada, a new report has revealed. The report, released by two government agencies IRCC (Immigration, Refugees and Citizenship Canada) and Statistics Canada, also stated that having experience during their studies in Canada boosts earnings for international students.

During their studies, international students in Canada gained hands-on experience with the country's workforce. This boosted their earnings after they graduated. The number of immigrants with educational experience has grown significantly since 2000, the report noted.

According to education official Randall Martin, the report serves as validation of the sector's long-standing belief. According to Martin, international students make ideal immigrants. They are young and healthy and have plenty of options when it comes to finding a job.

He noted that the hard work of the international students in Canada has paid off. It has been acknowledged that the country is the best place to study. The report's findings reinforced the notion that Canada is the best place to study. Martin said that these students' achievements should serve as a positive message of Canada to the world.

Also Read: Canadian Immigration Minister Highlights Steps Taken to Improve Immigration

Thereport added that those with less than three years of study experience in Canada earned 27% more than those with no experience in the country. It also noted that those with more than three years of Canadian study earned less than those with less than three years of experience.

Aside from having the necessary work experience, many international students also improve their skills in French and English. This is a key factor that employers look for when hiring new immigrants. According to Gonzalo Peralta, the head of Languages Canada, this report will benefit the language industry in Canada.

The report will help the country's language industry by helping people improve their skills and employment opportunities. The report's findings support the notion that having the necessary skills and experience can improve a person's productivity and wealth. According to the report, having the necessary skills and experience can make international students the ideal candidates for immigration and employment.

In 2019, over 58,000 Canadian university graduates applied to immigrate to Canada. Many of them were able to secure points based on their academic achievements, work history, and French language ability.

Also Read: Students from India Flock to Ukraine for its Low Fees and Quality Education

Those who are seeking to enter Canada as economic immigrants are required to meet various points evaluation systems. These include having a good education level, working history, and French language skills.

Although many economic immigrants went back to school after coming to Canada, the earnings of those with at least one year of experience under their belt were significantly higher than those with no experience in the country. A report by 2020 noted that the earnings of international students in Canada are about 38% lower than those of their Canadian counterparts one year after they graduated.

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Source: The PIE News

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