In recent years, Canada observed robust progress in employment. Canadians are highly educated, and the salaries they get are competitive. Immigrants into Canada also plays a significant role in the employment structure of Canada. South Asians, Chinese, and South Koreans are the top earners and the most educated in Canada.
The new data does not consider visible minorities as one monolithic group- as the amount of money earned by every ethnic group is different, with specific groups flourishing and some not.
According to Government statistics, over 33 percent of businesses in Canada are owned by newcomers as the Canadian ecosystem supports citizens to become entrepreneurs and not job seekers.
Contributions of Asian Canadians
Studies show that the median pay for immigrants who became permanent citizens earned CA$31,990 in 2019. It is the highest amount recorded among all the immigrants in Canada since 1981.
- Chinese women in Canada earn $1,440 a week on an average, South Asian women $1,330; Japanese $1,320; Filipino $1,260
- South Asian, Japanese, and Korean men earn slightly more than white males, who make $1,530. Chinese Canadian men earn nearly the same.
- South-East Asians and Filipino men earn nearly 15% less than white men.
- In January 2021, 20% of employed Filipino Canadians worked in the healthcare and social assistance sector.
16 Canada Income Statistics You Shouldn’t Miss in 2021https://vancouversun.com/opinion/columnists/douglas-todd-astonishing-findings-on-canadian-ethnic-groups-earnings-and-education https://www.statcan.gc.ca/en/dai/smr08/2021/smr08_250 https://www.scmp.com/news/china/diplomacy/article/3157813/chinese-canadians-twice-likely-own-and-live-unaffordable-homes https://www150.statcan.gc.ca/n1/daily-quotidien/210521/cg-b002-eng.htm https://economictimes.indiatimes.com/nri/work/new-immigrants-in-canada-are-earning-more-money-heres-who-makes-the-most/articleshow/88706008.cms?from=mdr https://www.tribuneindia.com/news/diaspora/indians-biggest-beneficiaries-as-canada-to-admit-401-000-new-immigrants-163931#:~:text=Thanks%20to%20the%20record%20number,country%20of%20over%2037%20million https://vancouversun.com/opinion/columnists/douglas-todd-astonishing-findings-on-canadian-ethnic-groups-earnings-and-education