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Toronto: About a quarter of Indian immigrants in Canada start money sending back home about two years after landing here, says Statistics Canada.
More than 30,000 Indians immigrate to Canada each year. Though figures are not available, their remittances must constitute a substantial chunk of the $5 billion that goes out of Canada each year.
In a study released Wednesday, Statistics Canada said one in four Indian immigrants started sending money back home two years after coming here.
"We found out that 24 per cent Indians sent home $4,200 per person over the next two years," study co-author Grant Schellenberg told IANS.
"During the same period (between 24 and 48 months of their arrival), the average money sent back home by all immigrants was about $2,900. This shows that Indians sent more money home than other immigrants," he said.
The study picked up 7,700 immigrants who landed in Canada in 2000. They came from all categories and groups.
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