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Tuesday, November 18, 2003

Study: Wealth of immigrant families


In 1999, immigrant families who arrived in Canada before 1976 had greater wealth holdings than their Canadian-born counterparts. However, the opposite pattern was observed among immigrant families who arrived after the mid-1980s.

For instance, the median wealth of immigrant families who arrived in Canada before 1976 was $87,000 higher than that of Canadian-born families of similar ages.

In contrast, the median wealth of immigrant families who arrived between 1986 and 1999 was $46,000 lower than that of comparable Canadian-born families.

Similar patterns were found among family units consisting of unattached individuals and lone-parent families.

Definitions, data sources and methods: survey number 2620.

The research paper The wealth position of immigrant families in Canada (11F0019MIE2003197, free) is now available online. From the home page, choose Studies; under Browse periodicals and series, choose Free and for sale; then, under Series, choose Analytical Studies Branch.

For more information, or to enquire about the concepts, methods or data quality of this release, contact René Morissette (613-951-3608), Business and Labour Market Analysis Division.

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Date Modified: 2003-11-18 Important Notices