Category Archives: international remittance

Think Tank Promotes Immigration As Development Aid

The Centre for International Governance Innovation (CIGI), a think tank established by the founder of Canadian firm Research in Motion, Jim Balsillie, released a study this week that finds immigration source countries benefit from the migration of their skilled workers to the developed world due to the foreign remittance, investment and philanthropy that their emigrants give back. The study proposes […]

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Immigration Causes Canada to Have Highest Per Capita Remittance Rate in the World

According to an article published on Tuesday in Maclean’s, a Canadian weekly news magazine, Canada leads the world in per capita outgoing remittance, as a consequence of its proportionally large and well-skilled immigrant population. In 2012 an estimated $23.4 billion was sent overseas, according to new World Bank figures which track remittances. On a per capita basis that’s double what flows […]

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