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REMITTANCES HIGH IN POOR COUNTRIES
- Article from:
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The Weekly Gleaner
- Article date:
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July 31, 2008
- Author:
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Copyright informationCopyright The Gleaner Company Jul 31-Aug 6, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Haitians spend big on relatives back home, says study
TORONTO:
ROUGHLY FOUR in 10 immigrants who arrived in Canada during 2000/2001 sent money to family or friends abroad at least once during their first four years in the country. That's according to a study by Statistics Canada released on July 23.
The report found that over the entire period, about 41 per cent of immigrants sent money home at least once. Within six to 24 months of landing, 23 per cent of immigrants had sent remittances to their home country; within two to four years after landing, about 29 per cent had done so.
The incidence of sending money varied considerably from country to country. The proportion was highest among ...
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