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Canada analyzed the group of immigrants from 2005-2015 and their earnings from 2006-2017 in the recent report on immigration selection factors and the earnings of principal applicants.
Statistics Canada released a similar report in 2015 that helped in the development of Express Entry’s Comprehensive Ranking System (CRS), paving way for a direct permanent residency pathway for foreign workers based on their age, language proficiency, academic qualifications, and work experience.
Findings in the report
The report studied the characteristics of immigrant applicants at the time of landing and their earnings in Canada.
The report noted the main factors impacting the short-term earnings (one to two years) of immigrants:
- Prior work experience in Canada – every year of prior Canadian work experience before qualifying under Express Entry equated to an 84% increase in earnings
- Language ability – those who were fluent in either English or French, the two official languages in Canada, earned 29% more than those who were not
- Education – receiving a Bachelor’s degree (15 years of schooling) earned 12-24% more in the short term
The report noted the main factors impacting the medium-term (five to six years) earnings of immigrants:
- Pre-landing Canadian work experience – every year of Canadian work experience equated to a 52-59% increase in earnings
- Language proficiency – those with an official language earned 42% more
- Age – older immigrants earned 27-35% less than younger ones
- Education; with Bachelor’s degree graduates earning 14-21% more
The main factors impacting the long-term (10 to 11 years) earnings of immigrants:
- Pre-landing Canadian work experience – a 45% increase for every year of Canadian work experience
- Age at landing – younger immigrants earned 44% more than older ones
- Official language ability – those with an official language earned 35% more
- Education – a 23% increase in earnings for those with a Bachelor’s degree.
What does the report tell about the future of Canadian immigration?
The findings of the report are of prime importance for candidates looking to apply through Express Entry programs.
Express Entry is a system of databases to manage immigration applicants under the Federal Skilled Worker Program (FSWP), the Federal Skilled Trades Program (FSTP), and the Canadian Experience Class (CEC). It also includes candidates with prior provincial nominations.
Interested candidates entering the Express Entry pool may weigh in their immigration chances according to the immigrant traits in Canada as shown in this study.
If you’re planning to move to Canada, consider booking a free consultation with CanApprove.
CanApprove is an immigration consultant certified by the College of Immigration and Citizenship Consultants (CICC). We are in the industry for over two decades and have successfully aided thousands of applicants to achieve their immigration and study abroad dreams.
