Canada

: And two thirds of the respondents said they send a portion of their money – an average of $2,300 – back home to relatives or friends; 17 per cent do so on a monthly basis and 24 per cent a few times a year, according to Globe and Mail. A large majority of those polled – 67 per cent – feel their standard of living has improved since coming to Canada, with 27 per cent saying their lifestyle has improved greatly. New Canadian residents use the money they still have after moving and related expenses to save for retirement , their children education , to make a major purchase such as a house or car or to go on a trip, the survey indicates. It can be incredibly stressful, financially and otherwise, to pick up, move to another country and begin the process of creating a new life for yourself so it great to see that new Canadians do have a bit of a nest egg remaining, BMO Investor Line president Julie Barker-Merz said. This is not a coincidence. Compared to other G8 countries, Canada has the highest proportion of foreign-born residents. (www.immigrantscanada.com). As reported in the news.