Thread by @Tablesalt13

🚨🚨MAJOR BREAKING THREAD

A BANK OF CANADA REPORT IVE OBTAINED

REVEALS THAT CANADA REPLACED ALMOST 10% CANADIAN-BORN WORKERS

WITH LOW-WAGE REPLACEMENTS, MOSTLY FROM INDIA, IN A DECADE

BUCKLE UP .... 🧵

the report reveals that PR residents make almost 30% less than Canadians

And that Canada brought IN WAVES OF PRS

MORE THAN MOST COUNTRIES ON PLANET EARTH

They did this

And this

The work MOSTLY In low-wages jobs

And they mostly come from India

THE CONCLUSION OF THE REPORT:

Not only has Canada experienced an unprecedented surge in immigration, but the composition of recent newcomers has been markedly different than in the past. Recent Canadian immigration has been driven mostly by NPRs that have different socio-economic characteristics compared with previous waves. For instance, recent NPRs are younger and less experienced, and have seen their share in skilled occupations fall modestly. The distribution of NPRs across birth regions has also shifted toward lower-income countries, which correlates with lower entry wages in the domestic labour market

The Shift in Canadian Immigration Composition and its Effect on Wages

Staff Discussion Paper 2025-8 (English)
Julien Champagne, Antoine Poulin-Moore, Mallory Long
May 2025

WE ARE NOT BRINGING IN DOCTORS AND LAWYERS (mostly)

THIS IS ABOUT SUPRESSING WAGES

AND COMPANIES TRADING OUR CITIZENSHIP FOR HIGHER CORPORATE PROFITS

Im NOT BLAMING anyone

I would work for 30% less for 2 years

to get Swiss citizenship. Its OUR problem for being so lax.

the "almost 10%"

comes from adding up the NPR (students) and PR (regular immigrants) additions in the main post.