CANADA IMMIGRATION

WHY HIGHLY EDUCATED IMMIGRANTS FARE BETTER IN THE US THAN IN CANADA

The US offers greater opportunities and rewards than Canada. Image credit: NEWS CANADA.

From THE FRASER INSTITUTE

Highly educated immigrant workers in the US perform better when it comes to employment and compensation than their counterparts in Canada, finds a new study published by the Fraser Institute, an independent, nonpartisan Canadian public policy think-tank.

“Highly educated immigrants make important economic contributions to the countries they emigrate to, notably through promoting innovation and entrepreneurship – which helps to explain why developed countries compete with one another to attract educated immigrants, particularly those trained in STEM (Science, Technology, Engineering and Math) fields,” explained Jock Finlayson, senior fellow with the Fraser Institute and co-author of The Gap in the Labour Market Performance of Highly Educated Immigrants in Canada Relative to the U.S.- and How to Narrow It.

Critically, highly educated and skilled immigrants fare much better in the US than in Canada, as the study compares the economic performance of native-born to immigrants in both countries with respect to employment levels and compensation.

The study found that in Canada, highly-educated immigrants make 16 per cent less than comparable native-born Canadians and have a 9.5 per cent lower rate of employment. However, in the United States, highly educated immigrants have a slightly higher rate of employment than native born Americans (1.2 per cent) and enjoy markedly higher compensation (+8 per cent).

“The evidence suggests that the US offers greater opportunities and rewards than Canada, and therefore is better positioned to attract the most productive highly-educated and skilled immigrants,” said Steve Globerman, senior fellow at the Fraser Institute and co-author of the study.

“For Canada to more successfully compete for the ‘best and brightest’ global talent, policies to improve immigrant selection and to create a more dynamic and productive Canadian economy will be necessary.”

Visit www.fraserinstitute.org.