Sheryl Jacosalem: According to the World Bank , thats how much ordinary people living and working here sent to their home countries in 2012: The money may go to a grandmother in Beijing, a niece in Kingston or a cousin in Jaipur, according to The Star. So Sheryl Jacosalem is both typical and extraordinary and The money sent overseas each year by people living in Canada could buy about 70 jumbo jets, mountains of sparkling engagement rings, or more than a third of Starbucks Corporation, depending on the day: $24 billion goes a long way. It might be for groceries, the electric bill or school fees; or it could be meant to celebrate a birthday, an anniversary or a wedding. It may be earmarked to repay a debt or help start a business. Most arent sending much money at any one time: $200 is an average sum.
(www.immigrantscanada.com). As
reported in the news.
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21.6.14