According to the latest study called Immigrant Earnings Differences Across Admission Categories and Landing Cohorts, the Canadian independent skilled immigrants have “substantially and consistently” the highest earning of the four categories of immigrants.
There was a research conducted between three different immigrant categories, which include economic migrants, independent skilled migrants and family class migrants, the researchers were easily able to quantify that how many skills matter for the growth.
The study highlighted that immigrants who migrated to Canada during the year 1988 had the lowest earnings growth rate for three years due to the economic downturn which happened in the early 1990s. Then there was the highest growth rate in the year 1994, which had experienced no economic downturn during the consecutive years.
Continuous focus on skilled migration will influence future Canadian immigration policy. This will result in overall economic growth of the country.