Older immigrants in Canada face lower incomes but find support in family co-residency
Older immigrants in Canada have lower incomes compared to Canadian-born individuals of the same age, especially if they arrived after age 50. However, living with family members helps mitigate the financial impact. Younger immigrants (25-49) are more likely to work and work longer hours than Canadian-born individuals. Older immigrants who work tend to work more hours than their Canadian-born counterparts. Immigrants receive less income from private pensions, with those from non-traditional source countries having lower CPP/QPP income. Older immigrant men arriving at age 60 or older have significantly lower pension income than those arriving at younger ages.