International graduates earned less than domestic graduates
Statistics Canada and IRCC released a joint survey report on February 24, 2021, stating that international students earned less income than their Canadian classmates in the first five years after graduation. According to the authors, the main reason for this trend is the lack of local work experience before graduation. In 2019 alone, more than 58,000 international graduates successfully applied for permanent resident status. One year after graduation, the income gap between international graduates with high academic qualifications and Canadian citizen graduates is greater than the income gap between international graduates with low academic qualifications and Canadian citizen graduates. Among them, for a bachelor’s degree, the income gap between the two is about 10%, while for a master’s degree, the income gap between the two is 40%. Nevertheless, in some professional fields, the situation is the opposite. The income for the two demographics is similar in visual and performing arts, communication technology, humanities, health and related fields.
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