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