Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (61816)	4/13/2005 4:46:47 PM
From: RealMuLan	Read Replies (1) of 74559

Statistic Canada predicts by 2017, minorities will become majority (>50%) in major Canadian cities. Chinese immigrants increase the most. 1/3 of them are college educated. Yet, most of these immigrants cannot find a professional job after they come to Canada. The latest data indicate 20% of these Chinese immigrants are now returning back to China. Canada has left behind in terms of trade with China. Its mining product only counts 1.6% of China’s total, a 75% decline comparing to what it was 20 years ago. Only 61% of immigrants to Canada in 1990s got a job, far lower than the employment rate of the local (80%).

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