Monthly Archives: July 2012

Immigration Canada Launches Online Consultations to Improve Federal Investor Program

Citizenship and Immigration Canada (CIC) today launched an online consultation campaign to solicit input from the Canadian public on ways to modify the federal Immigrant Investor Program (IIP) to increase the benefit it provides to the country. “We can no longer be a passive player in the global competition for talent and investment. That is why we need to review […]

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Group Suing Government Over Wipe-Out of 280,000 FSW Application Backlog Making One Last Try in Court

A group of approximately 900 people whose applications for permanent residence in Canada were closed after the federal government wiped out the back-log of 280,000 Federal Skilled Worker program applications are making one last attempt in court to force the federal government to process their applications. The group had previously scored a victory when a federal court justice ruled that […]

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Canada’s Real Wage Growth Stagnant For Last 30 Years -Report

A report published last month as part of Statistics Canada’s Economic Insights series finds that average real wage rates increased by only 14 percent in Canada from 1981 to 2011. According to the report, real hourly wages, meaning hourly wages after adjusting for inflation, increased from approximately $20.70 in 1981, to $23.70 in 2011, a $3 wage gain in 30 years. Median […]

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Canadians Now Wealthier Than Americans, Mostly Due to Housing Prices

A report that first surfaced on Canada Day stating that Canada now has higher average household net worth than the US set the news media on both sides of the border buzzing. Advocates of robust government intervention in the economy pointed to this development as vindication of their faith in their economic ideology, while Republicans blamed the news on Obama’s […]

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Financial Post Addresses Growing Income Disparity Between Recent Immigrants and Other Canadians

The growing income gap between recent immigrants and longer-established Canadians received special news coverage today with a report in the Financial Post by the deputy chief economist of CIBC, Benjamin Tal. The article describes the deteriorating position of newly arrived immigrants relative to native-born Canadians by comparing what it was in the 1970s to what it is today: A male immigrant […]

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Immigration’s Crime-Reducing Effect Gets Media Attention

Study findings suggesting that immigration reduces crime have been picked up today by the online version of MacLean’s magazine, one of Canada’s largest weekly news magazines, in an article, Does immigration reduce crime? One study referenced, conducted by researchers Ronit Dinovitzer and Ron Levi at the University of Toronto, compared the rate of youth delinquency in a group of 900 […]

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Alberta Temporary Worker Program to Expand List of Eligible Occupations

Citizenship and Immigration Canada (CIC) and the provincial government of Alberta jointly announced this week that the Alberta temporary worker pilot program will be expanded to include more occupations. The pilot project began in June 2011 and issues special work permits to foreign nationals who meet the program’s requirements, including being qualified in an eligible occupation, which allows them to […]

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TD Bank Says it is Looking to Reverse Closure of Some Iranian-Canadians’ Accounts

After a maelstrom of criticism for closing the bank accounts of dozens of Canadians of Iranian descent, in some cases with little to no explanation, TD Bank announced this week that it is looking to address the complaints and handle its enforcement of financial sanctions against Iran more delicately. In an interview on Monday, a spokesman for TD Bank, Mohammed Nakhooda, said the bank […]

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Half a Million Visitor Visas Issued so far in 2012

Citizenship and Immigration Canada (CIC) announced last week that it has issued 500,000 temporary visitor visas in 2012, a 10 percent increase from the number issued this time last year. The total number of people who visit Canada far exceeds the number of temporary visas issued, as ninety percent of international visitors to Canada are from one of the over […]

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