Wednesday, July 23, 2008

40 per cent of recent immigrants send money abroad: StatsCan

About four in ten immigrants who recently arrived in Canada have sent money to family and friends, with the average annual amount totalling about $1,450, Statistics Canada said in a report released Wednesday.

"On an annual basis, the average amount was approximately $1,450, accounting for about six per cent of personal and three per cent of family income before taxes," said the report, based on immigrants who arrived in 2000-01.

Immigrants from the Philippines and Haiti were the most likely to send money, with 60 per cent of people reporting doing so within two to four years of arriving in Canada. About 40 per cent to 50 per cent of immigrants from Jamaica, Nigeria, Romania, Guyana and Ukraine sent remittances.

Meanwhile, immigrants from France, the United Kingdom and South Korea were the least likely to send money, the federal agency said.



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