Monthly Archives: June 2013

48% of Canadian Millionaires From Immigrant Families

A new survey by BMO Harris Private Banking finds that nearly half of Canadian millionaires are either immigrants or have at least one parents born outside of the country. The findings suggest a high degree of entrepreneurialism among the Canadian immigrant population, and contrasts with the theme of a recent special contribution to the Vancouver Sun that argues immigrants cost […]

Read more

Vancouver Sun: Immigration Costs Canada $20 Billion a Year

In a special to the Vancouver Sun on Tuesday, a Simon Fraser University professor of economics, Herbert Grubel, argues that immigration costs Canadians up to $20 billion a year when all the costs and benefits are tallied. Grubel, who is also a senior research fellow at the Fraser Institute, goes through some of recent findings on the economic effects of immigration […]

Read more

Canadian Construction Industry Recovering

New data shows the value of building permits issued in Canada increasing for a fourth consecutive month, signalling a recovery in the country’s construction sector after a decline in late 2012. A Statistics Canada report released this week shows that permits worth $7.0 billion were issued in April, 10.5 percent more than in March. Much of the increase came from […]

Read more

New Brunswick Government to Fund Intercultural Centre

New Brunswick Premier David Alward announced in May that his government would provide $2 million in funding to create a centre for ethno-cultural and settlement organizations in Fredericton. The main tenant of the new centre will be the Multicultural Association of Fredericton, while the rest of the office space will be provided to other ethno-cultural and immigrants settlement service organizations. […]

Read more

Canadian Diplomats Around the World Walk Off Job In Strike

Canadian diplomats stationed in 12 missions around the world walked off the job on Thursday in a dispute with the federal government over compensation. The diplomats are members of the Professional Association of Foreign Service Officers (PAFSO), a union and professional association representing foreign service officers working for the Department of Foreign Affairs, Trade and Development (DFATD) and Citizenship and […]

Read more

Canada’s Oil Production to Double By 2030 Thanks to Oil Sands -Report

A new report by Canada’s largest association of petroleum companies projects that the country’s oil production will double to 6.7 million barrels per day (bpd) by 2030 as a result of increased production in Northern Alberta’s oil sands region. The outlook, published by the Canadian Association of Petroleum Producers, estimates that production in the oil sands will increase from 1.8 […]

Read more

Citizenship Application Process to Get Easier With Test Re-Takes

Following recent changes to the citizenship application process that increased the difficulty of acquiring Canadian citizenship, including the introduction of proof of minimum language proficiency and an increase in the difficulty of the citizenship knowledge test, the federal government is reversing course to make it easier for permanent residents to meet citizenship eligibility requirements. According to an announcement made on Monday, […]

Read more

More Countries Listed As ‘Safe’ Designated Countries of Origin

As part of the effort to combat bogus asylum claims, Citizenship and Immigration Canada (CIC) announced on Thursday that two more countries have been designated as ‘safe’ countries from which asylum claims will be given an expedited treatment. CIC created the list of designated countries of origin (DCOs) in December 2012 to stem the tide of welfare seekers from European […]

Read more

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 […]

Read more
1 2