Wes Sheridan: Immigrants

Provincial Treasury Dept: The money shows up in the latest records from public accounts, according to CBC. But many immigrants did not meet those conditions and forfeited their deposits. Many never turned up on P.E.I. at all and the provincial treasury is $18-million richer today thanks to Immigrants to P.E.I. who defaulted on their deposits guaranteeing they would stay in the province and learn English. Wes Sheridan says he would rather see immigrants stay than give up on their deposits. The amount of money involved was unusually large last year, stemming from an unusually large number of immigrants rushed through the old PNP just before it was shut down in 2008. Each immigrant had to make a deposit of $25,000 guaranteeing they would stay in the province, and $20,000 guaranteeing they would learn English to a certain proficiency. (www.immigrantscanada.com). As reported in the news.