Royal Bank Of Canada

Dawn Desjardins Dept: If immigrants' skills were rewarded in a manner similar to that of Canadian-born workers, it would have resulted in $30.7 billion in increased incomes, the bank found in a new study that examines the immigrant labour market gap, according to Vancouver Sun. "Obviously, if people are earning more, they are buying more things. They are buying homes, that type of thing. So you get a spinoff," she said and higher-than-average education levels have not spared new-comers to Canada from experiencing higher unemployment rates and lower incomes than their work colleagues who were born in the country, according to the Royal Bank of Canada. "It is a big number," said Dawn Desjardins, RBC assistant chief economist, in reference to what she called an "untapped" economic contributor. (www.immigrantscanada.com). As reported in the news.