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Study shows wealth gap between recent immigrant and Canadian-born families; established immigrants thriving
Established immigrant families had $143,000 more median net worth than Canadian-born families in 2023, driven mainly by housing equity despite lower pension assets among immigrants.
Summary by City News
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1 Articles
Study shows wealth gap between recent immigrant and Canadian-born families; established immigrants thriving
Canadian-born families held double the median wealth of recent immigrant families between 2016 and 2023, but less than established immigrants, according to a study released Wednesday.
·Toronto, Canada
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100% Center
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