A new study shows that 95 percent of new Canadians believe it is likely their children will obtain a post-secondary education in Canada.
The study, conducted by BMO, also shows that 58 percent of parents who have immigrated to Canada feel their children will be better off here than they would have been if they had stayed in their native country and 33 percent say they will be much better off.
Further, New Canadians consider it likely that their children will:
- Obtain a post-secondary education (95 per cent)
- Get a good job (93 per cent)
- Buy a home (92 per cent)
Immigrants reported that they have these expectations because they believe that, in Canada, their children will have access to:
- Better education (72 percent)
- A safer environment (61 percent)
- Better job opportunities (55 percent)
- Good government programs (52 percent)
In addition, the study revealed that two thirds (63 percent) of New Canadians are more optimistic about Canada’s economy than the economy in their native country; only 13 percent feel the opposite.
“It’s encouraging to see that immigrants to Canada are confident their children will be successful and feel that the sacrifices they made to come to this country will pay off,” says Charyl Galpin, Head, BMO Nesbitt Burns, a part of BMO Wealth Management.
“All parents want the best for their kids and New Canadians are no exception.”